|
Below is an in-depth analysis and side-by-side comparison of Soccer Shots vs Hi-Five Sports including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $41,034 - $53,950 | $17,900 - $388,225 |
Franchise Fee | $34,500 | $9,900 - $25,000 |
Royalty Fee | 7% | 8.75% |
Advertising Fee | $1000/yr. | - |
Year Founded | 1999 | 1990 |
Year Franchised | 2005 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | to $1.2K | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | On-The-Job Training: 14 hours Classroom Training: 45 hours | On-The-Job Training: 13 hours Classroom Training: 5 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Regional Advertising Social media SEO Website development Email marketing | Ad Templates Social media SEO Website development Email marketing |
Operations | * Franchise can be run from home * 0% of all franchisees own more than one unit * Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
Soccer Shots is a national soccer program designed for children 3-8 years old to introduce them to the game of soccer. Soccer Shots not only teaches children the basic skills of soccer but places a high emphasis on character development as well. Thousands of children throughout the United States each year experience the fun and excitement of Soccer Shots!
Hi-Five is your ticket to get in the game with your very own youth sports business. Hi-Five will give you the tools necessary to have your very own Hi-Five Sports Camp. We see our summer multi-sport camp as the "sporty" version of your typical day camp with all the themes and events that go along with it. Hi-Five Sports Franchises also include the following programs to feed into your Hi-Five Sports Camp.