Hi-Five Sports
Professional Services Child-RelatedCompany Information
Address
Suite 25, 4701 Patrick Henry Dr.Santa Clara, California 95054
Website
Tel
Email
Franchise Summary
Description
You will operate a sports club for pre-K to 8th grade children under the trade name Hi-FiveSports Clubs or Hi-Five Sports Zone.
Company Background
Hi-Five Sports is a safe, fun, and developmental experience for pre-K to 8th grade children. The company operates under the trade name of Hi-Five Sports and provides childcare during school hours. They offer before and after-school programs as well as summer camps for kids in grades PK3 to 5th. Their mission is to provide all students with an excellent opportunity for socialization, playtime, physical activity, homework assistance, nutrition education, environmental awareness and cultural enrichment that will prepare them physically mentally emotionally spiritually academically socially culturally globally locally personally holistically.
Franchise Opportunity
Children need to be physically active, but most parents don't have the time or knowledge to provide a well-rounded sports experience. According to the CDC, only 1 in 5 children meet the national guidelines for physical activity. This is largely due to a lack of access to quality sports programs. Hi-Five Sports provides an affordable and convenient way for children to get the exercise they need. Our experienced coaches will help your child learn new skills and make friends while having fun.
Corporate Structure
Hi-Five Sports Franchising LLC is a Delaware limited liability company formed on August 22, 2014. They currently do business under the names “Hi-Five Sports Franchising LLC” and “Hi-Five Sports Clubs®”. Their principal business address is 5411 Geary Blvd., San Francisco, California 94121. They began offering Hi-Five Sports Clubs and Hi-Five Sports Zone franchises in 2015.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Child-Related Industry$96,883 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
| # | Type | Investment | Fees |
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Distribution of Hi-Five Sports Franchisees
Hi-Five Sports Franchise System Development in 2021
FAQ
How much investment do I need to start my own Hi-Five Sports business?
Franchisees typically require at least $28 to $59 investment to get their Hi-Five Sports business started
What are the initial franchise fees for Hi-Five Sports?
Franchisees typically need to pay at least $15 in fees directly to Hi-Five Sports in order to earn the right to launch their business
How much money can I make with a Hi-Five Sports franchise? What are
the average revenues for a typical Hi-Five Sports business?
We estimate that the average revenue of an individual
Hi-Five Sports unit is approximately
$96,883. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Hi-Five Sports unit? What
is my contractual commitment?
Hi-Five Sports franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$28,450 to $59,350
which is
Much Lower
than the $0 to $0 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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