Parisi Speed School

At a Glance

Products & Services: Youth performance training

Number of Locations: 82

Total Investment: $79K - $171.3K

Founded: 1992

Began Franchising: 2005

About Parisi Speed School

Bill Parisi started Parisi Speed School in 1992 by offering free clinics and seminars on speed training and motivation for high school athletes. The next year, he opened a 3,000 square-foot personal training studio in Wyckoff, New Jersey, to offer youth sports performance training. Over the years, he opened three more faciltiies, combining health clubs with Parisi Speed Schools. He began franchising the concept in 2005. Parisi Speed Schools offer training to improve speed, coordination, agility, flexibility and endurance for children 7-years-old and up, adults, and even professional athletes.

Franchise Units

Year U.S. Canadian International Company Owned
2014 82 0 0 0
2013 76 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $79,035 - $171,285
Franchise Fee: $19,995 - $29,985
Ongoing Royalty Fee: $1.1K/mo.
Term of Franchise Agreement: Term of agreement not renewable
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #469 (2014),

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