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Promoted Opportunities

Parisi Speed School
#391

Initial Investment

LOW: $100,000
HIGH: $199,000

Change in Units

+5.6% +5 UNITS (1 Year)
+25.0% +19 UNITS (3 Years)

Company Profile

Founded

1992

Franchising Since

2005 (12 Years)

Corporate Address

516 Commerce St. Wyckoff, NJ 07481

CEO

Dr. Paul Staples

Parent Company

Parisi Training Systems

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.

Financials

Financial Requirements

Initial Investment

$100,000 - $199,000

Liquid Cash Requirement

$20,000

Ongoing Fees

Initial Franchise Fee

$6,000 - $30,000

Ongoing Royalty Fee

$600/mo.

Ad Royalty Fee

$600/mo.

Financing Options

Parisi Speed School has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


20% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1-3 days as needed

Training at headquarters: 5 days

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks
National Media

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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: March 20th, 2017

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