Start-Up Costs and Fees |
||
| Extra Innings | House of Speed | |
| Investment | 239000 - 650000 | 79500 - 999999 |
| Franchise Fee | ||
| Royalty Fee | Varies | 10% |
| Advertising Fee | Varies | |
| Year Founded | 1996 | 1998 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Extra Innings | House of Speed | |
| Experience | Our team members have diverse backgrounds. Experience playing or coaching at the high school, collegiate, or professional level is helpful. However, if a franchisee lacks this type of background, he or she must be able to hire individuals with this baseball and softball experience. Although we would never dictate how a coach should teach, the terms they should use, or their particular philosophical beliefs we do offer ongoing training in these areas. The franchise company provides the program structure and techniques to maximize revenue with every lesson and clinic that your facility provides. | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High |
Financing Options |
||
| Extra Innings | House of Speed | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Extra Innings | House of Speed | |
| Training | 3-5 business days in Aurora, IL | |
| Support | As an Extra Innings franchisee, here is just some of the ongoing support you will receive to help grow your business: * Continued access to the "The Clubhouse," our company wide intranet training and communication site. Franchisees are able to tap into the knowledge and experience of the entire Extra Innings team, including all other franchisees and managers 24 hours a day, 7 days a week. You are never alone in the batters box when you join our team. * Comprehensive e-mail marketing and social media system which promotes your facility's programs and special events. You benefit from our proven strategy developed and executed by advertising, internet and social media professionals. * Custom mobile responsive website and eCommerce developed, maintained and optimized by contracted web & digital marketing professionals. * Access to a proprietary schedule manager software that will help streamline your business and enhance your facility's marketability through email and text reminders to your customers. * Continued marketing and public relations development provided by a contracted professional communications firm. * Ongoing training on how to take advantage of the Extra Innings buying power that enables you access to the Extra Innings approved vendors and distributors. This access includes unprecedented pricing and distribution programs made available to each franchisee on the Extra Innings team. These companies provide nationally recognized products and equipment for you to sell in your Pro Shop or use in your facility. * Approved vendor and distributor web training forums hosted on the "The Clubhouse". This training includes representatives from the nation's top baseball and softball manufacturers. Each one of these forums is designed to educate your employees about the exciting product they will be selling in your Pro Shop. * Assistance and analysis with ongoing administrative functions such as accounting, finance, inventory control, and insurance. * Continued performance analysis including a sales bench marking module. By using this module, your performance can be compared historically to other team members. This bench marking module gives you a competitive advantage when trying to recognize potential problems or areas that need improvement. * Continued in facility reviews and training. A senior member of the EIFC team will make routine visits to your facility to continually train and observe your employees and programs in action. These visits result in a report to you with suggestions on how to improve your facility's performance. * An annual owners meeting and trade show that consists of continued education programs, hands-on training techniques, executive round tables, vendor and distributor booths, social events and special guests. This meeting is the highlight of the year with a unique combination of business education, product review and social interaction with other team members. | |
| Marketing | Extra Innings provides a comprehensive email marketing system to help effectively promote your facility's programs and drive traffic to your website. | |
| Operations | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers | |
Expansion Plans |
||
| Extra Innings | House of Speed | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Extra Innings | |
| House of Speed | |
| Franchise Fee | |
| Extra Innings | |
| House of Speed | |
| Royalty Fee | |
| Extra Innings | Varies |
| House of Speed | 10% |
| Advertising Fee | |
| Extra Innings | Varies |
| House of Speed | |
| Year Founded | |
| Extra Innings | 1996 |
| House of Speed | 1998 |
| Year Franchised | |
| Extra Innings | 2004 |
| House of Speed | 0 |
| Term Of Agreement | |
| Extra Innings | 10 years |
| House of Speed | |
| Renewal Fee | |
| Extra Innings | $5,000 |
| House of Speed | |
Business Experience Requirements |
|
| Experience | |
| Extra Innings | Our team members have diverse backgrounds. Experience playing or coaching at the high school, collegiate, or professional level is helpful. However, if a franchisee lacks this type of background, he or she must be able to hire individuals with this baseball and softball experience. Although we would never dictate how a coach should teach, the terms they should use, or their particular philosophical beliefs we do offer ongoing training in these areas. The franchise company provides the program structure and techniques to maximize revenue with every lesson and clinic that your facility provides. |
| 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 | |
| Extra Innings | No |
| House of Speed | No |
| Start-up Costs | |
| Extra Innings | |
| House of Speed | |
| Equipment | |
| Extra Innings} | |
| House of Speed | |
| Inventory | |
| Extra Innings | |
| House of Speed | |
| Receivables | |
| Extra Innings | |
| House of Speed | |
| Payroll | |
| Extra Innings | |
| House of Speed | |
Training & Support |
|
| Training | |
| Extra Innings | |
| House of Speed | 3-5 business days in Aurora, IL |
| Support | |
| Extra Innings | As an Extra Innings franchisee, here is just some of the ongoing support you will receive to help grow your business: * Continued access to the "The Clubhouse," our company wide intranet training and communication site. Franchisees are able to tap into the knowledge and experience of the entire Extra Innings team, including all other franchisees and managers 24 hours a day, 7 days a week. You are never alone in the batters box when you join our team. * Comprehensive e-mail marketing and social media system which promotes your facility's programs and special events. You benefit from our proven strategy developed and executed by advertising, internet and social media professionals. * Custom mobile responsive website and eCommerce developed, maintained and optimized by contracted web & digital marketing professionals. * Access to a proprietary schedule manager software that will help streamline your business and enhance your facility's marketability through email and text reminders to your customers. * Continued marketing and public relations development provided by a contracted professional communications firm. * Ongoing training on how to take advantage of the Extra Innings buying power that enables you access to the Extra Innings approved vendors and distributors. This access includes unprecedented pricing and distribution programs made available to each franchisee on the Extra Innings team. These companies provide nationally recognized products and equipment for you to sell in your Pro Shop or use in your facility. * Approved vendor and distributor web training forums hosted on the "The Clubhouse". This training includes representatives from the nation's top baseball and softball manufacturers. Each one of these forums is designed to educate your employees about the exciting product they will be selling in your Pro Shop. * Assistance and analysis with ongoing administrative functions such as accounting, finance, inventory control, and insurance. * Continued performance analysis including a sales bench marking module. By using this module, your performance can be compared historically to other team members. This bench marking module gives you a competitive advantage when trying to recognize potential problems or areas that need improvement. * Continued in facility reviews and training. A senior member of the EIFC team will make routine visits to your facility to continually train and observe your employees and programs in action. These visits result in a report to you with suggestions on how to improve your facility's performance. * An annual owners meeting and trade show that consists of continued education programs, hands-on training techniques, executive round tables, vendor and distributor booths, social events and special guests. This meeting is the highlight of the year with a unique combination of business education, product review and social interaction with other team members. |
| House of Speed | |
| Marketing | |
| Extra Innings | Extra Innings provides a comprehensive email marketing system to help effectively promote your facility's programs and drive traffic to your website. |
| House of Speed | |
| Operations | |
| Extra Innings | |
| House of Speed | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
Expansion Plans |
|
| US Expansion | |
| Extra Innings | |
| House of Speed | |
| Canada Expansion | |
| Extra Innings | 0 |
| House of Speed | |
| International Expansion | |
| Extra Innings | |
| House of Speed | |