Start-Up Costs and Fees |
||
| House of Speed | Recruit | |
| Investment | 79500 - 999999 | 12000 - 45000 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 0 |
| Advertising Fee | ||
| Year Founded | 1998 | 1996 |
| Year Franchised | 0 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| House of Speed | Recruit | |
| Experience | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High | Marketing skills Sports or sales background |
Financing Options |
||
| House of Speed | Recruit | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| House of Speed | Recruit | |
| Training | 3-5 business days in Aurora, IL | Available at headquarters, Available at franchisee's location, Long distance training available |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Co-op advertising | |
| Operations | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers | Franchise can be run from home. 15% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| House of Speed | Recruit | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| House of Speed | |
| Recruit | |
| Franchise Fee | |
| House of Speed | |
| Recruit | |
| Royalty Fee | |
| House of Speed | 10% |
| Recruit | 0 |
| Advertising Fee | |
| House of Speed | |
| Recruit | |
| Year Founded | |
| House of Speed | 1998 |
| Recruit | 1996 |
| Year Franchised | |
| House of Speed | 0 |
| Recruit | 2001 |
| Term Of Agreement | |
| House of Speed | |
| Recruit | 5 years |
| Renewal Fee | |
| House of Speed | |
| Recruit | |
Business Experience Requirements |
|
| Experience | |
| House of Speed | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High |
| Recruit | Marketing skills Sports or sales background |
Financing Options |
|
| Franchise Fees | |
| House of Speed | |
| Recruit | |
| Start-up Costs | |
| House of Speed | |
| Recruit | |
| Equipment | |
| House of Speed} | |
| Recruit | |
| Inventory | |
| House of Speed | |
| Recruit | |
| Receivables | |
| House of Speed | |
| Recruit | |
| Payroll | |
| House of Speed | |
| Recruit | |
Training & Support |
|
| Training | |
| House of Speed | 3-5 business days in Aurora, IL |
| Recruit | Available at headquarters, Available at franchisee's location, Long distance training available |
| Support | |
| House of Speed | |
| Recruit | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| House of Speed | |
| Recruit | Co-op advertising |
| Operations | |
| House of Speed | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
| Recruit | Franchise can be run from home. 15% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| House of Speed | |
| Recruit | |
| Canada Expansion | |
| House of Speed | |
| Recruit | |
| International Expansion | |
| House of Speed | |
| Recruit | |