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Below is an in-depth analysis and side-by-side comparison of Sports Traders vs Destination Athlete including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 | $28,300 - $93,610 |
Franchise Fee | $25,000 | $20,000 - $50,000 |
Royalty Fee | $100/month | 5%-8% |
Advertising Fee | - | 2% |
Year Founded | 1983 | 2008 |
Year Franchised | 1987 | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls |
Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
Unique new and used retail concepts. For all sports equipment. We are a coaching franchise, not a controlling franchise, Allowing owners to run an independent store with group buying power and support.