Challenger sports vs The Yak Shak Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Challenger sports vs The Yak Shak including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$40,995 - $72,395 | $114,200 - $534,000 |
Franchise Fee |
$24,995 | $20,000 |
Royalty Fee |
- | 3% |
Advertising Fee |
- | 1% |
Year Founded |
1985 | 2019 |
Year Franchised |
1997 | 2021 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Challenger sports
Challenger Sports is a multi-faceted
international sports company who provide a wide variety of player
development programs, coach education clinics, tournaments, tours, and
uniform and equipment supply to hundreds of thousands of players,
parents, and coaches across the globe.
Operating originally as ‘British
Soccer Camps’ Challenger Sports began running summer soccer camps in the
US in 1985. Each year the company grew and the founders of Challenger
diversified and expanded their range of services and products in
response to the increasing demands of the rapidly growing North American
soccer population.
In 1997 the “Challenger” brand was
created along with a vision of duplicating the highly successful soccer
services and products model into multiple sports. Within two years,
company owners Ron Matsch, Peter Arch, Alan Jones, Paul Lawrence, Derek
Shoare and Andy Bennett had established a network of regional offices
serving soccer communities in every US state and 7 Canadian provinces. Challenger Sports also invested heavily in the United Kingdom and were the
first US based soccer company to set up a full-time recruitment and
training operation in Britain.
About The Yak Shak
The Yak Shak is a kayak pro shop headquartered in Pelham, Alabama that brings together
outdoor enthusiasts and builds community around supporting and
conserving our natural waterways. The Yak Shak carries fishing kayaks, tackle,
apparel and offers kayak rentals year-round.
The total investment necessary to begin operation of a single
The
Yak Shak franchise ranges from $114,200 to $534,000. This includes the
Initial Franchise Fee of $20,000 that is paid to the franchisor. They
also offer an area development agreement that allows you to open a
minimum of two stores within a designated territory. You must pay a
development fee of $61,000 to $68,500 for two franchise locations and an
additional fee of $15,000 for each franchised location after two.