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Below is an in-depth analysis and side-by-side comparison of Sport Specific Training Inc. vs PickUp USA Fitness 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 - $150,500 | $533,266 - $1,150,054 |
Franchise Fee | $50,000 | $45,000 |
Royalty Fee | 9% | 6% |
Advertising Fee | 1% | 1% - 2% |
Year Founded | 1997 | 2011 |
Year Franchised | 2005 | 2016 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | General Business Experience. | While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | With SST, the training never stops. Initially, we have a mandatory, 90 hour training course at our corporate office in Burlington. Once this is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance. | * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers |
Support | Please enquire about our 24 Benefit Points. | PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success! |
Marketing | - | - |
Operations | Absentee ownership and owner/ operators are allowed. | We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
SST's philosophy is simple: A no nonsense approach to training. With this approach our Clients get EXCELLENT RESULTS in the shortest period of time. RESULTS are what our athletes and private clients want.
SST's success is a direct reflection on the fact that all the SST staff members have a genuine interest in every athlete's development including, not only their physical well-being, but also their mental outlook and emotional and social health.
SST centers are new and unique sports training facilities geared toward athletes of every kind. SST was established in 1997 with the specific goal to produce top tier
athletes and to provide a no-nonsense gym environment and atmosphere
where athletes of all ages can excel. In addition our adult programs
have consistantly produced RESULTS for adults motivated by health and
fitness.
We have honed our skills of professional training programs, integrated nutrition management and simple hard work.