Destination Athlete vs Hi-Five Sports Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Destination Athlete vs Hi-Five Sports including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Destination Athlete Hi-Five Sports
Investment 28300 - 93610 17900 - 388225
Franchise Fee
Royalty Fee 5%-8% 8.75%
Advertising Fee 2%
Year Founded 2008 1990
Year Franchised 2008 2015
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Destination Athlete Hi-Five Sports
Experience

Financing Options
  Destination Athlete Hi-Five Sports
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Destination Athlete Hi-Five Sports
Training On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls On-The-Job Training: 13 hours Classroom Training: 5 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates Social media SEO Website development Email marketing
Operations Number of Employees Required to Run: 1 - 3 Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3

Expansion Plans
  Destination Athlete Hi-Five Sports
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Destination Athlete
Hi-Five Sports
Franchise Fee
Destination Athlete
Hi-Five Sports
Royalty Fee
Destination Athlete 5%-8%
Hi-Five Sports 8.75%
Advertising Fee
Destination Athlete 2%
Hi-Five Sports
Year Founded
Destination Athlete 2008
Hi-Five Sports 1990
Year Franchised
Destination Athlete 2008
Hi-Five Sports 2015
Term Of Agreement
Destination Athlete
Hi-Five Sports
Renewal Fee
Destination Athlete
Hi-Five Sports


Business Experience Requirements
Experience
Destination Athlete
Hi-Five Sports

Financing Options
 
Franchise Fees
Destination Athlete Yes
Hi-Five Sports Yes
Start-up Costs
Destination Athlete
Hi-Five Sports
Equipment
Destination Athlete}
Hi-Five Sports
Inventory
Destination Athlete
Hi-Five Sports
Receivables
Destination Athlete
Hi-Five Sports
Payroll
Destination Athlete
Hi-Five Sports

Training & Support
Training
Destination Athlete On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls
Hi-Five Sports On-The-Job Training: 13 hours Classroom Training: 5 hours
Support
Destination Athlete Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Hi-Five Sports Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Destination Athlete Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Hi-Five Sports Ad Templates Social media SEO Website development Email marketing
Operations
Destination Athlete Number of Employees Required to Run: 1 - 3
Hi-Five Sports Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3

Expansion Plans
US Expansion
Destination Athlete Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Hi-Five Sports Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Destination Athlete
Hi-Five Sports
International Expansion
Destination Athlete
Hi-Five Sports