Initial Investment and Startup Costs
What are my franchise startup costs?
Low-cost franchises are — and will always be —in great demand. i9 Sports® offers a low-cost franchise opportunities with high return on investment potential for someone with a strong desire to succeed.
We have two franchise agreement options:
10-year agreement with an initial investment range of $59,900 – $69,900 which includes:
Territory Fee: $15,000
Franchise Fee: $24,900
5-year agreement with an initial investment range of $36,500 – $46,500 which includes:
Territory Fee: $15,000
Franchise Fee: $500/mth*
*As initial investment period is based on 3 months, $1,500 is included above.
In the five-year agreement option, the Franchise Fee is paid monthly over five years. For those who aren’t ready to pay the entire fee upfront, it’s a great way to launch the business and access our proven business model and support.
In addition to these upfront costs for the five-year and ten-year terms we offer, there are other costs that you would pay as you open your business. For instance, there are marketing, equipment, inventory, insurance, training expenses, etc.
The following costs are excerpted from the i9 Sports Franchise Disclosure Document Item 7 and are estimated.
MN# F-4858
A. Lump Sum Franchise Fee for a 10-Year Agreement
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Franchise Fee | $24,900 - $24,900 | Lump Sum | Upon signing the 10 Year Area Developer Agreement | Us |
| Territory Fee | $15,000 - $15,000 | Lump Sum | Upon Signing Area Developer Agreement | Us |
| Grand Opening Advertising | $5,000 - $7,000 | As Incurred | As Incurred | Suppliers and Third Parties |
| Insurance | $1,000 - $1,500 | As Agreed | As Incurred | Suppliers and Third Parties |
| Legal & Accounting Services | $800 - $1,500 | As Agreed | As Incurred | Third Parties |
| Furniture, Equipment, Inventory, and Supplies | $3,000 - $4,000 | As Incurred | As Incurred | Suppliers and Third Parties |
| Training Expenses | $1,200 - $2,000 | As Incurred | As Incurred | Third Parties |
| Additional Funds– 3 months | $9,000 - $14,000 | As Incurred | As Incurred | Suppliers and Third Parties |
| TOTAL ESTIMATED INITIAL INVESTMENT | $59,900 - $69,900 | |||
B. Monthly Franchise Fee for a 5-Year Agreement
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Franchise Fee | $1,500 - $1,500 | Lump Sum | $500 per month in connection with a 5 Year Area Developer Agreement | Us |
| Territory Fee | $15,000 - $15,000 | Lump Sum | Upon Signing Area Developer Agreement | Us |
| Grand Opening Advertising | $5,000 - $7,000 | As Incurred | As Incurred | Suppliers and Third Parties |
| Insurance | $1,000 - $1,500 | As Agreed | As Incurred | Suppliers and Third Parties |
| Legal & Accounting Services | $800 - $1,500 | As Agreed | As Incurred | Third Parties |
| Furniture, Equipment, Inventory, and Supplies | $3,000 - $4,000 | As Incurred | As Incurred | Suppliers and Third Parties |
| Training Expenses | $1,200 - $2,000 | As Incurred | As Incurred | Third Parties |
| Additional Funds– 3 months | $9,000 - $14,000 | As Incurred | As Incurred | Suppliers and Third Parties |
| TOTAL ESTIMATED INITIAL INVESTMENT | $36,500 - $46,500 | |||
All item 7 notes can be viewed within our Franchise Disclosure Document (FDD)
A standout among low cost franchise opportunities
Today, buying a franchise appears to be a choice between paying hundreds of thousands of dollars for a franchise from a well established brand or paying much less for a young, unproven franchise concept. Luckily an i9 Sports franchise offers the best of both: an established concept and a low initial investment. An i9 Sports franchise owner’s initial investment and franchise startup costs will range from a low of $36,500 to $69,900. It is important to consider that these figures do not include funds that a franchise owner will need for living expenses while starting the business.
Low-cost purchase option
Our five-year agreement purchase option is ideal for those looking to lower the upfront investment and preserve cash while starting their business.
This approach offers the key advantages of:
Streamlining and accelerating the financial approval process.
- Enabling franchisees to put less money down upfront, reducing their total startup costs to as little as $36,500, detailed in our Franchise Disclosure Document.
Providing franchisees more financial flexibility in the crucial start-up period.
The program makes our affordable startup costs even more achievable for potential franchise owners.
Why is our initial investment so low?
Three key reasons:
- No real estate purchase is required;
- No major capital equipment or significant upfront inventory is required;
- We’re an established franchise system with a formula that works. We understand that if we keep our fees low, our franchise owners can invest in growth and thereby achieve their goals faster.
If you are looking for low cost franchise opportunities that come with high emotional reward and the ability to create a better work/life balance, an i9 Sports franchise may be the perfect fit for you. Request a copy of our free Franchise Report, How the Business Works, and we’ll follow up with more information soon.
