Sport Specific Training Inc. vs Hi-Five Sports Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sport Specific Training Inc. vs Hi-Five Sports including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Sport Specific Training Inc. Franchise
Hi-Five Sports Franchise
Investment $100,000 - $150,500$17,900 - $388,225
Franchise Fee $50,000$9,900 - $25,000
Royalty Fee 9%8.75%
Advertising Fee 1%-
Year Founded 19971990
Year Franchised 20052015
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Sport Specific Training Inc. Franchise
Hi-Five Sports Franchise
Experience General Business Experience. -

Financing Options

 
Sport Specific Training Inc. Franchise
Hi-Five Sports Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Sport Specific Training Inc. Franchise
Hi-Five Sports Franchise
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. On-The-Job Training: 13 hours Classroom Training: 5 hours
Support Please enquire about our 24 Benefit Points.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 and owner/ operators are allowed.Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 3


Expansion Plans

 
Sport Specific Training Inc. Franchise
Hi-Five Sports Franchise
US Expansion -Yes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Sport Specific Training Inc.

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.

We train female and male, ages 9 thru 65, individuals and sports teams.
Expansion Plans Canada International for Master Franchisees only

About Hi-Five Sports

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.

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With nearly 30 years of experience, Hi-Five continues to innovate the youth sports industry with its unique take on "Youth Sports Entertainment".
Veteran Incentives  50% off franchise fee

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#464 in Franchise 500 for 2020.