Hi-5 ABA specializes in behavioral therapy services for individuals with developmental disabilities using applied behavior analysis methods. The franchise employs licensed professionals for therapy delivery.
Key Insights
- Hi-5 ABA began as a direct response to inefficiencies and limitations that existed in conventional service approaches, with founders committed to establishing superior alternatives that prioritize customer experience, operational excellence, and sustainable business growth through systematic improvement.
- Continuous improvement processes incorporate client feedback and industry developments to enhance service offerings and operational effectiveness while maintaining the core values and quality standards that distinguish the business from competitors in the marketplace.
- Consumer education and awareness drive increasing demand for higher quality and more specialized service options, benefiting businesses that can demonstrate expertise, reliability, and value while building trust through consistent performance and professional service delivery.
Franchise Fee and Costs to Open
Exploring the financial picture of Hi-5 ABA gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $17,618 - $109,730, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Yearly gross sales of $461,969 and estimated earnings of $69,296 - $92,394 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 1.3-3.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Hi-5 ABA provides comprehensive training for new franchisees. Initial training, lasting two weeks, is conducted at Hi-5 ABA's headquarters. The franchisor offers resources designed to support business launch and ongoing operations. Hi-5 ABA recommends utilizing these materials for a strong start.
Legal Considerations
Legal considerations for a Hi-5 ABA franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee might navigate local market dynamics, understanding existing service providers and demand for applied behavior analysis. Operational complexity includes managing staff, client progress tracking, and adherence to regulatory standards. The reliance on specialized therapeutic materials and trained personnel represents another consideration, impacting service delivery and consistent quality.
Franchise Datasheet
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