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- 2021 Franchise 500 Rank
#488 Ranked #464 last year
- Initial investment
$25K - $554K
- Units as of 2021
20 66.7% over 3 years
About Hi-Five Sports
More from Hi-Five Sports
About UsClick 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
- Franchising Since
- 2015 (6 years)
- # of employees at HQ
- # of Units
- 20 (as of 2021)
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
- $12,900 - $27,000
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
- $25,450 - $554,165
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.
- Veteran Incentives
- $5,000 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.
- Term of Agreement
- 5 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
- 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
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
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Ad TemplatesMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail Marketing
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.
Franchise 500 Ranking History
Compare where Hi-Five Sports landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Hi-Five Sports ranked on other franchise lists? Find out below.
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