- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$28K - $556K
- Units as of 2022
-
18 20.0% over 3 years
Company Overview
About Hi-Five Sports
Industry | Children's Businesses |
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Related Categories | Children's Fitness Programs, Miscellaneous Recreation Businesses, Children's Education/Enrichment |
Founded | 1990 |
Parent Company | Hi-Five Sports Franchising LLC |
Leadership | Ryan Tuchman, CEO |
Corporate Address |
5550 Glades Rd., #1051 Boca Raton, FL 33431 |
Social | Facebook, LinkedIn, YouTube |
More from Hi-Five Sports
About Us
Click here for full brochure!Hi-Five Sports has been enriching the lives of children for over 30 years! We are a family founded business that looked at youth sports options and thought… this could be a lot better! So, we’ve been innovating recreational youth sports ever since by growing and enhancing our programming, new technology, and our state of the art Hi-Five Sports Zone facilities and Murphy Mart concepts. We have some of the largest summer sports camps in our areas and year-round programming is just the tip of the iceberg. Between the various team sports the children play and the novel themes, events and contests – we’re number one in multi-sport summer camp fun for all kids’ ages.
We look at youth recreational sports as something for the whole family. We call this youth sports entertainment. And just like any good entertainment it needs to be full of fun and challenging. We have a great balance of fun and fundamentals and offer options for children of all ages. Options include preschool sports classes, leagues/clinic, camps, before/after school enrichment, birthday parties and so much more. We take sports seriously but we always say “you need a good sense of humor” too.
Hi-Five Sports Franchising launched in late 2015 to ensure Hi-Five becomes a household name in Youth Sports. Now is your chance to GET IN THE GAME and become part of the growing Hi-Five Family!
Looking for New and Different? Hi-Five Sports Zone!
The Hi-Five Sports Zone is your own state-of-the-art youth sports center. At under 20,000 square feet, you get to set up where families live and shop. You run all our fun-filled classes, leagues and camps plus amazing sports birthday parties- complete with our mascot "Hi-Five Murphy" and turning “Murphy Coins” into party prizes at the "Murphy Mart".
This great resource to your community scales fast, allows others to rent and connects with schools. We have a whole community launch plan to create the kind of splash at your grand opening that leads to program and birthday party sales right from day one. You get an exclusive territory that gives you opportunities to grow outside the building.
Home Based Business Model
Hi-Five Sports Club has high quality youth sports programming that can be utilized at third party venues. This franchise option requires limited capital and is set up to be home-based with the ability to rent locations by the season or by the hour. Focused on fun and fundamentals, we provide classes, leagues and fabulous sports camps. Our programs and marketing plans are documented, step-by-step. We also have face-to-face training and videos on demand. Fun and sports fundamentals is what we provide for ages 3 – 13. We recently created a digital murphy mart system that our brick and mortar locations use so you can now take our reward system mobile!
We also know how to build buzz and get the word out to fill the programs. We have multiple, easy to deploy marketing strategies including our costume mascot for community events, school relationship plans, direct mail and community promotion packages
Business Overview
Franchising Since | 2015 (10 years) |
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# of employees at HQ | 4 |
Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
# of Units | 18 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Hi-Five Sports franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$15,900 - $29,000 |
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Initial Investment
|
$28,450 - $556,165 |
Veteran Incentives
|
$2,000 off franchise fee |
Royalty Fee
|
8.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Hi-Five Sports has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 9 hours |
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Classroom Training | 10 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
Yes |
# of employees required to run | 1-3 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Hi-Five Sports landed on this year's Franchise 500 Ranking versus previous years.
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