i9 Sports Franchise
Monday, April 26, 2010 at 02:18PM Amateur sports leagues, tournaments & events
i9 Sports was founded by Frank V. Fiume, Jr., in 2002 and began franchising
in 2003. Franchise business owners operate local amateur sports leagues, tournaments,
camps, clinics and special events for kids. Sports include flag football,
basketball, cheerleading, and soccer.
Start-up Costs & Franchises Fees
What is the total cost to open a i9 Sports Franchises?
Total Cost: $45,900-$86,900
Total Franchise Fees: $28,405-$39,900
Ongoing Royalty Fees: 7.5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 7 years
Contact Information for i9 Sports
|
i9 Sports |
Phone Number: (813)662-6773 |
i9 Sports In the Press
No results at this time.Historical Expansion
In what year did i9 Sports begin operations? 2002
When did i9 Sports begin selling franchises? 2003
Year United States Canada International Corporate 2008 117 0 0 0 2005 39 0 0 2 2004 24 0 0 2 2003 0 0 0 2 2002 0 0 0 2 2001 0 0 0 0
Future Expansion
United States: Nationwide
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Training & Support
Training
Optional refresher training available
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.International franchise business owners required to buy multiple units/master licenses; 20%% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 1
Absentee ownership of this franchise business is not available to new franchisees. (20% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes