Start-Up Costs and Fees |
||
| Personal Training Professionals | Hi-Five Sports | |
| Investment | 140300 - 223000 | 17900 - 388225 |
| Franchise Fee | ||
| Royalty Fee | 6% | 8.75% |
| Advertising Fee | 3% local +1% Nat'l | |
| Year Founded | 0 | 1990 |
| Year Franchised | 0 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Personal Training Professionals | Hi-Five Sports | |
| Experience | Previous experience in the fitness industry is required. | |
Financing Options |
||
| Personal Training Professionals | Hi-Five Sports | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Personal Training Professionals | Hi-Five Sports | |
| Training | You will participate in an initial training course which will focus on all aspects of the PTP franchise system and is comprised of classroom and on-the-job training. This includes administration, operations, sales/marketing, and on-the-job exposure. | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| Support | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates Social media SEO Website development Email marketing | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 | |
Expansion Plans |
||
| Personal Training Professionals | 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Personal Training Professionals | |
| Hi-Five Sports | |
| Franchise Fee | |
| Personal Training Professionals | |
| Hi-Five Sports | |
| Royalty Fee | |
| Personal Training Professionals | 6% |
| Hi-Five Sports | 8.75% |
| Advertising Fee | |
| Personal Training Professionals | 3% local +1% Nat'l |
| Hi-Five Sports | |
| Year Founded | |
| Personal Training Professionals | 0 |
| Hi-Five Sports | 1990 |
| Year Franchised | |
| Personal Training Professionals | 0 |
| Hi-Five Sports | 2015 |
| Term Of Agreement | |
| Personal Training Professionals | 5 years +5+5+5 |
| Hi-Five Sports | |
| Renewal Fee | |
| Personal Training Professionals | |
| Hi-Five Sports | |
Business Experience Requirements |
|
| Experience | |
| Personal Training Professionals | Previous experience in the fitness industry is required. |
| Hi-Five Sports | |
Financing Options |
|
| Franchise Fees | |
| Personal Training Professionals | |
| Hi-Five Sports | |
| Start-up Costs | |
| Personal Training Professionals | |
| Hi-Five Sports | |
| Equipment | |
| Personal Training Professionals} | |
| Hi-Five Sports | |
| Inventory | |
| Personal Training Professionals | |
| Hi-Five Sports | |
| Receivables | |
| Personal Training Professionals | |
| Hi-Five Sports | |
| Payroll | |
| Personal Training Professionals | |
| Hi-Five Sports | |
Training & Support |
|
| Training | |
| Personal Training Professionals | You will participate in an initial training course which will focus on all aspects of the PTP franchise system and is comprised of classroom and on-the-job training. This includes administration, operations, sales/marketing, and on-the-job exposure. |
| Hi-Five Sports | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| Support | |
| Personal Training Professionals | |
| Hi-Five Sports | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Personal Training Professionals | |
| Hi-Five Sports | Ad Templates Social media SEO Website development Email marketing |
| Operations | |
| Personal Training Professionals | |
| Hi-Five Sports | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| Personal Training Professionals | |
| 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 | |
| Personal Training Professionals | |
| Hi-Five Sports | |
| International Expansion | |
| Personal Training Professionals | |
| Hi-Five Sports | |