Hi-Five Sports Franchising

Hi-Five Sports Franchising

Youth sports programs
Want to open a Hi-Five Sports Franchising?
Units as of 2021
17 (3 years)
30.8%
2021 Franchise 500 Rank
#488 Ranked #464 last year
24
Initial investment
$21K - $414K

Company Overview

Interested in opening a Hi-Five Sports Franchising?

If you want to know if Hi-Five Sports Franchising is the right franchise for you, we’re here to help you start the process of opening this business.

About Hi-Five Sports Franchising

Founded
1990
Leadership
Ryan Tuchman, CEO

Franchising Overview

Franchising Since
2015 (6 years)
# of employees at HQ
6
Where seeking
Franchisor is seeking new franchise units throughout the U.S.
# of Units
17

Franchisor Information

Corporate Address
1515 Lake Cook Rd.
Northbrook, IL 60062

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Hi-Five Sports Franchising 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
$12,900 - $27,000
Initial Investment
$20,900 - $413,715
Royalty Fee
8.5%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Interested in opening a Hi-Five Sports Franchising?

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 Franchising has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
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
Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Interested in opening a Hi-Five Sports Franchising? We can help you with that!

If you want to know if Hi-Five Sports Franchising is the right franchise for you, we’re here to help you start the process of opening this business.

Franchise 500 Ranking History

Compare where Hi-Five Sports Franchising landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Hi-Five Sports Franchising ranked on other franchise lists? Find out below.

Ranked #488

In Franchise 500 Ranking

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From the Advertiser

Looking for New and Different? Hi-Five Sports Zone!

 

The Hi-Five Sports Zone is your own small, 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 Murphy and turning “Murphy coins” into party prizes.

 

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

You love kids’ sports, now, build your business!

Hi-Five Sports has the best quality youth sports programs in the nation. Focused on fun and fundamentals, we provide classes, leagues and fabulous sports camps. Our programs 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.

About Us

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 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 over one dozen 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, 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 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!

Interested in opening a Hi-Five Sports Franchising?

If you want to know if Hi-Five Sports Franchising is the right franchise for you, we’re here to help you start the process of opening this business.

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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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