Hi-Five Sports Franchise Review
Franchise Facts
How much does a Hi-Five Sports franchise cost?
Hi-Five Sports has a franchise fee of up to $25,000, with a total initial investment range of $28,800 to $567,100.- Initial Franchise Fee: $12,900 to $25,000
- Total Investment: $28,800 to $567,100
- Working Capital: $5,000 to $80,000
- Royalty Fee: 9%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Hi-Five Sports franchise make?
Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.How many franchise locations do they have?
As of the 2016 Franchise Disclosure Document, there are 0 franchised Hi-Five Sports locations in the USA.Are there any Hi-Five Sports franchise opportunities near me?
Based on 2016 FDD data, Hi-Five Sports has franchise locations in 0 states. The largest region is the West with 0 franchise locations.This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2016
Hi-Five Sports is graded based on our most recent research.
Hi-Five Sports Franchise Stats
Total Investment
$28,800 - $567,100
Franchise Fee
$12,900 - $25,000
Franchise Agreement
Initial Term
5 Years
5 Years
Renewal Term
5 Years
5 Years
Franchisee Outlet Growth
2010
0
0
2015
4
4
Ongoing Fees
Royalty
8.5%
8.5%
Ad Fees
1.0%
1.0%
# of Franchised Outlets
0
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 19 hours. This includes 10 hours of classroom training and 9 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.| Online | 0 |
|---|---|
| On-the-Job | 9 |
| Classroom | 10 |
| Total | 19 |
Do they offer Territory Rights?
Hi-Five Sports does NOT offer exclusive territories.Do they have computer and technology support in place?
No. But in some instances, franchises may not need to offer support.When did they begin franchising?
They began franchising in 2015. The average Children's Services franchise began franchising in 2009.Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Our Franchise Analysts have prepared detailed notes about Hi-Five Sports, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!
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Unlocking gives you access to this and the questions below. Signing up lets you see all franchises, you get access to our entire research team and industry experts and free advice.
- What are the historical franchisee revenues?
- Do they have any lawsuits?
- Do they provide Veteran or First Responder Discounts?
- Do they provide Minority Discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Are they affiliated with any other franchise brands?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Do they operate any company or affiliate outlets?
- How long is their initial term length?
- How do they solve franchisee disputes?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they provide discounts for buying more than one franchise?