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Below is an in-depth analysis and side-by-side comparison of Sports Specific Training vs Hi-Five Sports including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - $200,000 | $17,900 - $388,225 |
Franchise Fee | $50,000 | $9,900 - $25,000 |
Royalty Fee | - | 8.75% |
Advertising Fee | - | - |
Year Founded | 1997 | 1990 |
Year Franchised | 2005 | 2015 |
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 |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | You will receive comprehensive training on business operations, sales, marketing and membership management. At SST the training never stops! | On-The-Job Training: 13 hours Classroom Training: 5 hours |
Support | Working with your Franchise Consultant, you will have a one-stop resource for all the phases of your facility. As a franchisee, you have access to ongoing support that helps with your RESULTS! Our team of Franchise Consultants and other corporate staff are continually developing new and exciting ways to support you. Just some of the tools available to you include: � Online operations and marketing manuals. � Training for managers and sales personnel. � Onsite visits to your club and the opportunity to shadow an existing club owner. � Conference calls and webinars. � Branding and Marketing Support | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
SST uses a simple four step approach in fitness and the development of their athletes- strength, speed, nutrition and Functional training. We have found this 4 step model to be very successful and provide results in the fastest time possible. Our athletes get very strong and work the proper energy system during each workout. This is the main thing that every person wants and SST delivers... RESULTS!SST is now franchising Nationally. We have created elite training centers for athletes and adults of all types with a growing base of customers. With our low cost system, consistently providing RESULTS to our customers and franchisees, we have realized that we have a solid business model that both can use to pursue their desired lifestyle. From initial training for all new franchisees and annual franchisee conferences SST is committed to your success.
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.