House of Speed vs iLoveKickboxing Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of House of Speed vs iLoveKickboxing including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
House of Speed Franchise
iLoveKickboxing Franchise
Investment $79,500 - And Up$214,944 - $559,494
Franchise Fee $39,500$49,999 - $100,000
Royalty Fee 10%6%
Advertising Fee -1%
Year Founded 19982009
Year Franchised 02012
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements

 
House of Speed Franchise
iLoveKickboxing Franchise
Experience Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High -

Financing Options

 
House of Speed Franchise
iLoveKickboxing Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
House of Speed Franchise
iLoveKickboxing Franchise
Training 3-5 business days in Aurora, IL

Your live training at our headquarters in Long Island, NY literally covers everything: hiring the perfect staff, creating an amazing atmosphere for your kickboxing members, how to make sales presentations feel more like natural conversations, customer retention, construction and layout challenges and how to overcome them, and a lot more. Hired a couple of new instructors and want to quickly get them up to speed? Or maybe you want your current instructors to "freshen" up on their skills? Twice a year we hold complimentary training for all of our franchisees' staff members. For new staff, we'll train them from the bottom up to be the most passionate, knowledgable instructors that they possibly can be. For "veteran" staff, we'll brush up on their kickboxing technique, their customer-relation skills, sales skills and more. Classroom Training: 42 hours

Support -

Our headquarters are open to you for questions and guidance Monday - Friday, 10am - 6pm EST. If you have an urgent situation and need attention ASAP, we've got you covered too. There's a special line you can reach. When you call, you'll be treated with courtesy, respect and consideration. The last thing you'll feel is "brushed aside." We'll spend however much time you need to get the question or challenge you're facing sorted out. And of course we're available via email too for those quick questions you have that can be answered in a few sentences. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software

Marketing -

1)From top to bottom we've crafted a website that's proven to convert visitors into qualified leads. Your location will receive such a site, customized for your area. And because the site gets visitors to enroll on a paid trial membership - you know only extremely qualified leads are coming through your doors. Most fitness centers offer free trials. This produces leads that waste your time, without ever intending to buy from you. However, a lead that pays for a trial is very serious about fitness and weight loss, and willing to pay for it. 2) Your website offers prospects access to the web special in exchange for their name and email address. Sometimes, people don't purchase the trial membership right then and there. When this happens, they'll automatically roll over to our Done-for-You Email Marketing program that sends them a mixture of valuable fitness content, and sales messages, to convert them to your customer down the road. Of course you don't lift a finger through all of this. We take care of it for you. 3)In your in-person training, as well as in your operations manual, you'll see exactly how to use these Social Media outlets to build your business - without being salesy, pitchy, or a nuisance to the community (many businesses spam these outlets with their sales messages - which just pushes away prospects). In fact, when following our proven plan, it's actually a lot of fun and very rewarding to interact with the community through these channels. In addition, we run the nationwide Facebook Fan Page & blog which gets traffic from all over the country, and directs it to each location's website. 4) On top of all of this, we constantly use a blend of article marketing, blog marketing, search engine marketing, video marketing, social bookmark marketing and more to get your website ranked in the search engines - and deliver you high-quality traffic. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing

Operations Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers-

Expansion Plans

 
House of Speed Franchise
iLoveKickboxing Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion -No

Company Overviews

About House of Speed

Explosion, Strength, Speed and Flexibility
House of Speed provides the best available sport-specific performance training. House of Speed is continuously developing and refining the most current training techniques, enabling athletes to increase their overall speed, strength, explosiveness, agility and sport-specific ability. Our curriculum and weight training techniques were developed and designed by Don Beebe and Dr. Jeffrey Schutt who are well-known as leaders in the industry. Our athletes compete in a wide variety of sports and are of diverse age ranges and skill levels. Therefore, House of Speed designed its training programs to be diverse to meet the needs of each athlete. For example, our programs incorporate performance training and sport-specific training. Performance training is designed solely to make the athlete faster, stronger, more agile and explosive. Sport-specific training is designed to target athletic ability in the sport in which the athlete competes. House of Speed has a customized training program for every sport, every position, and every skill level. Apply to Become a Franchise 1. Individual Training (1-2 athletes) 2. Small Group Training (3-5 athletes) 3. Group Training (5 athletes or more) 4. Team Training (individual teams) 5. Camps (2-day camps in a specific city) 6. Sport Specific training For more information about owning your own House of Speed franchise please contact [email protected]

About iLoveKickboxing

Michael Parrella opened his first martial arts school in 1991. In 2009, he used his years of industry experience to start iLoveKickboxing.com, and he began franchising the concept in 2012. iLoveKickboxing.com locations offer group kickboxing fitness classes. Fitness kickboxing is not some hobby we picked up over the weekend. We've been at it for decades, testing and tweaking the entire time to discover the key elements of running a great facility. We've crafted systems for low-pressure sales that are natural and conversational (NOT high-pressure or in-your-face)
- We've crafted systems for referrals that make your customers excited to send their friends and family your way
- We've learned things that only fellow facility owners can, like who the best vendors in the industry are, and where you'll get the best deals on equipment & supplies.
By joining the iLoveKickboxing.com family, you reap the benefits of our years of hard work, trial & error. In short, you get the ripened fruit of our experience to use at your disposal. And we're happy to hand it over to you.