Team Up Athletics operates a custom sports apparel and equipment business, catering primarily to schools, clubs, leagues, universities, and corporate teams. The franchise provides tailored athletic gear and uniforms, helping organizations build strong identities through customized apparel.
Key Insights
- Team Up Athletics developed through years of hands-on experience that revealed specific opportunities for improvement within the industry, resulting in innovative solutions that address common challenges while creating new possibilities for growth and customer satisfaction.
- Restoration techniques combine traditional craftsmanship skills with modern materials and equipment to achieve lasting, high-quality results that meet or exceed original property conditions, utilizing industry best practices and proven methods for optimal outcomes.
- The market demonstrates consistent growth driven by demographic changes, evolving consumer expectations, and increased awareness of service quality, creating opportunities for businesses that can adapt to changing needs while maintaining high standards of professional service delivery and customer satisfaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Team Up Athletics 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 $56,500 - $272,150, along with a franchise fee of $35,000 - $65,000.
Financial Performance and Revenue
Yearly gross sales of $114,529 and estimated earnings of $16,035 - $20,616 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 9.5-11.5 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
Sparkle Squad provides comprehensive training and resources for new franchisees. Initial training spans two weeks and takes place at Sparkle Squad's headquarters. The program offers in-depth operational guidance and business development support. Sparkle Squad also recommends a robust marketing toolkit and provides ongoing access to a dedicated support team.
Legal Considerations
Legal considerations for a Team Up Athletics franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a Sparkle Squad franchise involves navigating a dynamic local market, potentially with established competitors. Franchisees will manage operational complexities, from scheduling and staff supervision to ensuring consistent service quality across diverse client needs. Reliance on specific cleaning product suppliers and equipment availability also warrants attention, impacting efficiency and profitability.
Franchise Datasheet
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