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- 2023 Franchise 500 Rank
#488 Not ranked last year
- Initial investment
$78K - $84K
- Units as of 2022
72 500.0% over 3 years
Helping fund the dreams of school sports teams across the United States, Fundraising University employs a playbook of efficient strategies proven to raise the money needed to keep sports programs alive and student-athletes active. Comprised of former athletes and coaches, the team at Fundraising University has been helping equip students, reach out of town tournaments, and more for over ten years.
With more than $150 million raised for school sports teams throughout the U.S., Fundraising University has made it their mission to raise the most money in the least amount of time without adding to the already heavy workload of teachers and student-athletes. Fundraising University believes its proven methods not only bring teams closer together, but enrich communities with positive, lasting change.
Why You May Want To Start a Fundraising University Franchise
Anyone with a drive to help develop America’s next top athletes or who wants to ensure every student gets the opportunity to play may make an ideal Fundraising University franchisee. Although no specific prior experience is required, a business and/or sports background would prove beneficial.
Most of all, Fundraising University franchisees should be people whose leadership abilities will prove crucial in helping coaches and students plan and execute fundraisers year after year. Relatively fast startup and low overhead costs also may help make Fundraising University appeal to budding entrepreneurs.
Fundraising University has been ranked in Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make a Fundraising University Franchise a Good Choice?
A Fundraising University franchise employs an expert team of former athletes and coaches including basketball, football, baseball, softball, volleyball, cheer/dance, and more. Fundraising University’s experts work directly alongside coaches and students and remain at their side every step of the way. In fact, not only does Fundraising University aid school sports teams to set and achieve their funding goals, but establishes strategies to bring even greater growth in subsequent seasons.
To be part of the Fundraising University team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Fundraising University Franchise
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Fundraising University franchising team questions.
If a Fundraising University franchise is awarded to you, franchisees enter an intensive multi-week training course before returning to their communities where they’ll be able to remotely access ongoing training materials and the vast resources of Fundraising University’s corporate team.
About Fundraising University
- Children's Businesses
- Related Categories
- Miscellaneous Services, Fundraising
- Mike Bahun, President
- Corporate Address
7111 W. 151st St., #36
Overland Park, KS 66223
- Franchising Since
- 2020 (3 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, 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
- 72 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Fundraising University 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $77,850 - $84,100
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Fundraising University 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
- 18 hours
- Classroom Training
- 74 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Fundraising University? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Fundraising University landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Fundraising University ranked on other franchise lists? Find out below.
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