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Below is an in-depth analysis and side-by-side comparison of Hi-Five Sports vs Sport Star Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $17,900 - $388,225 | $46,500 - And Up |
Franchise Fee | $9,900 - $25,000 | $25,000 |
Royalty Fee | 8.75% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1990 | 2002 |
Year Franchised | 2015 | 2011 |
Term Of Agreement | - | 20 years |
Term Of Agreement | - | 20 years |
Renewal Fee | - | $1K |
Business Experience Requirements |
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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 | On-The-Job Training: 13 hours Classroom Training: 5 hours | - |
Support | 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 Allowed Number of Employees Required to Run: 1 - 3 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | No |
International Expansion | - | Yes |
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.