House of Speed vs PickUp USA Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
House of Speed Franchise
PickUp USA Fitness Franchise
Investment $79,500 - And Up$533,266 - $1,150,054
Franchise Fee $39,500$45,000
Royalty Fee 10%6%
Advertising Fee -1% - 2%
Year Founded 19982011
Year Franchised 02016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
House of Speed Franchise
PickUp USA Fitness Franchise
Experience Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High

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
 
House of Speed Franchise
PickUp USA Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
House of Speed Franchise
PickUp USA Fitness Franchise
Training 3-5 business days in Aurora, IL

* Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers
Support -

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

We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club.

Expansion Plans
 
House of Speed Franchise
PickUp USA Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

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 PickUp USA Fitness


Basketball-Focused Fitness Clubs!

PickUp USA Fitness clubs are full-service, basketball-focused gyms. Our clubs offer: group & private basketball training, officiated games of pickup basketball, full weight & cardio rooms, retail merchandise, lounges, and much more! We started our unique fitness concept in 2011, and spent 5 years refining our product, processes, and brand before franchising in 2016.

Limitless Opportunity

* In 2014, total US health club revenues increased 7.4% to $24.2 billion with 54.1 million Americans belonging to at least one health club nationwide (IHRSA data)
* Over 23 million people/year participate in basketball activities in the US (Statista data)
* PickUp USA Fitness is the only basketball-focused fitness club operating in the US, and generates revenue from 4 diverse channels:

     o Membership Dues
     o Private Training Packages
     o Merchandise Sales
     o Private Court Rental Fees


Streamlined Operating Model
  • Plug- and-play, refined and simple operating model
  • Less than 10 total employees needed to run a PickUp USA
  • Passionate staff that love fitness and basketball are naturally attracted to PickUp USA
  • Polished marketing, sales, and operating processes allow your gym to operate seamlessly 365 days/year
  • Established relationships with reputable suppliers and vendors:
    • Gatorade
    • SportCourt
    • Wilson Basketball
    • StarTrac
    • ClaytonKendall
  • Minimal inventory management with simple processes for ease of operating
  • Bottom-line: A polished operating system allows you to have fun, interact with customers, and grow your business!