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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 |
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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 | 1997 | 1990 |
Year Franchised | 2005 | 2015 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | General Business 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 | 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 |
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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.
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.