Frequently Asked Questions
What will I receive as part of the Skyhawks franchise system?
Prior to the commencement of your business, you will receive four days of extensive training at Skyhawks University. You’ll also receive, among other things, a comprehensive operating manual, detailed sports program manuals, a staff training video, and the rights to use Skyhawks trademarks.
Do I need prior industry experience?
No, you don’t necessarily need sports camp industry experience. We look for franchisees who have strong business management skills, a positive attitude and work ethic, and a commitment to providing great customer service.
How much is the initial franchise fee and what is it for?
The initial franchise fee is $15,000. This fee funds our pre-opening support of your operation and your initial training.
How much is the initial investment?
How much is the initial investment? The estimated initial investment required ranges from $40,000 to $68,000 for a Franchise. As with any new business venture, it’s important that you have adequate working capital.
Does Skyhawks offer discounts to US Military Veterans?
Yes. To honor those men and women who have served in the U.S. Military, Skyhawks offers a discount of $1,000 toward the Franchise Fee.
What is the term of the franchise agreement?
The initial term of your Skyhawks franchise agreement is 7 years, with two optional subsequent 7-year terms.
Is financing available?
At this time, Skyhawks does not offer financing assistance. Financing options may be pursued through third parties.
How big are the territories?
Skyhawks territories are exclusive. The size of a territory is based on several factors, including but not limited on the general population, population of children under the age of 18, median household income and the number of elementary schools. We will exercise our judgment in defining each territory. Typically, Franchises are available in territories with up to 500,000 general population.
Are there ongoing fees paid to the Franchisor?
Yes. The franchisees in the Skyhawks system pay a royalty equal to 9% of the gross revenue. The royalty will help to fund our ongoing support services and the continued development of new products, services and systems.
Are there any advertising fees?
Yes. Our franchisees will contribute 1.5% of their gross revenue toward a marketing fund, which is used to develop marketing strategies to promote the Skyhawks brand and fund the creative costs of developing local franchise marketing materials. We also expect franchisees to spend 3.5% of gross revenue on local marketing efforts.
Is there a technology fee?
Yes. All franchisees will utilize a web-based software system to help manage their online registrations, credit card processing, programs, marketing, staff recruiting, hiring, scheduling, billing, risk management and more! Franchisees must sign a Software License Agreement with ITP, LLC and pay a one-time licensing fee of $5,000. The license fee is good for the term of the Franchise Agreement. Also, in order to pay for the ongoing technical service and support of ITP, franchisees pay ITP a technology fee in an amount equal to 4% of the gross revenue.
What training will I receive?
We will provide you with up to 4 days of detailed training at Skyhawks University prior to the date when you commence your business. There is no additional charge for this training service, but you must pay any travel and living expenses while attending the training. We will also provide up to 3 days of additional training at your site at no additional cost.
What about ongoing support?
We will provide ongoing support service to you via phone, email, webinar, and on-site visits to your territory. We regularly update our operations manuals with new procedures and other information designed to improve operations for all franchisees. We’re also available to conduct ongoing training programs.
|