Start-Up Costs and Fees |
||
| Destination Athlete | House of Speed | |
| Investment | 28300 - 93610 | 79500 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 5%-8% | 10% |
| Advertising Fee | 2% | |
| Year Founded | 2008 | 1998 |
| Year Franchised | 2008 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Destination Athlete | House of Speed | |
| Experience | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High | |
Financing Options |
||
| Destination Athlete | House of Speed | |
| Franchise Fees | Yes | |
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Destination Athlete | House of Speed | |
| Training | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls | 3-5 business days in Aurora, IL |
| 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 | |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 1 - 3 | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
Expansion Plans |
||
| Destination Athlete | House of Speed | |
| 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Destination Athlete | |
| House of Speed | |
| Franchise Fee | |
| Destination Athlete | |
| House of Speed | |
| Royalty Fee | |
| Destination Athlete | 5%-8% |
| House of Speed | 10% |
| Advertising Fee | |
| Destination Athlete | 2% |
| House of Speed | |
| Year Founded | |
| Destination Athlete | 2008 |
| House of Speed | 1998 |
| Year Franchised | |
| Destination Athlete | 2008 |
| House of Speed | 0 |
| Term Of Agreement | |
| Destination Athlete | |
| House of Speed | |
| Renewal Fee | |
| Destination Athlete | |
| House of Speed | |
Business Experience Requirements |
|
| Experience | |
| Destination Athlete | |
| House of Speed | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High |
Financing Options |
|
| Franchise Fees | |
| Destination Athlete | Yes |
| House of Speed | Yes |
| Start-up Costs | |
| Destination Athlete | |
| House of Speed | |
| Equipment | |
| Destination Athlete} | |
| House of Speed | |
| Inventory | |
| Destination Athlete | |
| House of Speed | |
| Receivables | |
| Destination Athlete | |
| House of Speed | |
| Payroll | |
| Destination Athlete | |
| House of Speed | |
Training & Support |
|
| Training | |
| Destination Athlete | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls |
| House of Speed | 3-5 business days in Aurora, IL |
| 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 |
| House of Speed | |
| Marketing | |
| Destination Athlete | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| House of Speed | |
| Operations | |
| Destination Athlete | Number of Employees Required to Run: 1 - 3 |
| House of Speed | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
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 |
| House of Speed | |
| Canada Expansion | |
| Destination Athlete | |
| House of Speed | |
| International Expansion | |
| Destination Athlete | |
| House of Speed | |