General

Industry

Children Programs

Category

Sports

SBA Identifier

S5848

Year of Founding

2010

Fees

Marketing Fee

NA

Royalty Fee

$225 per month

Franchise Fee

$9,700-$9,700

Investment Range

$10K-$16K

Location units

Total U.S. Locations

39

U.S. Franchised Units

39

U.S. Corporate Units

0

Headquarters (City)

Colorado Springs

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2010

Issuance of FDD Data

02/22/2019

What to know about Mighty Kicks franchise?

The franchisee will operate a Mighty Kicks franchised business offering a Mobile Soccer Program to daycares, preschools, elementary schools, and child learning centers along with an Open Program (open to the community) and Recreational Leagues for children ages 2-8. Recreational League(s) are defined as non-competitive, fun, introductory soccer league with practices and games utilizing volunteer coaches to assist the teams.

Mighty Kicks is based in Colorado Springs, CO. Scroll down to learn more!

How much does a Mighty Kicks franchise cost?

Are you wondering how much is a Mighty Kicks franchise? Before starting a Mighty Kicks franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Mighty Kicks franchise is $10,200 and can go all the way up to $16,200. Keep in mind, you should also allocate additional funds to live off of while the Mighty Kicks business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Mighty Kicks franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Mighty Kicks business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Mighty Kicks franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare Mighty Kicks. Hotels to the Sports, Outdoor Children Programs industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 22 7 0 29
2017 29 8 3 34
2018 34 5 0 39

Additional Details

How much does a Mighty Kicks franchise owner make?

Mighty Kicks franchise earnings and revenue can vary significantly from one franchisee to another.
The Mighty Kicks franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Mighty Kicks unfortunately does not disclose financials on how much Mighty Kicks franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Mighty Kicks does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Mighty Kicks franchisees. Do note that Mighty Kicks is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Mighty Kicks franchisees to understand how much money they are making from their Mighty Kicks business.

You should also speak to former Mighty Kicks franchisees to understand why they left the system. Did they sell their Mighty Kicks at a profit? Were they forced to close their Mighty Kicks franchise down because it kept losing money?

What is the Mighty Kicks franchise fee?

Owning a Mighty Kicks franchise requires $225 per month royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Mighty Kicks Franchise Disclosure Document

Keep in mind, there is also an initial Mighty Kicks franchise fee of $9,700 that is included in the initial investment amount of $10,200 to $16,200. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Mighty Kicks franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Mighty Kicks franchise fee of $9,700.

Visit the Mighty Kicks metrics tab to explore the financials for this business, royalty and marketing fees compare to other Children Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Mighty Kicks founded?

Mighty Kicks started offering franchises in 2010. Mighty Kicks was founded 12 years ago in 2010.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Mighty Kicks locations are in the U.S.?

As of 2019, there were 39 locations across the U.S. There are also 0 corporate locations. Most Children Programs franchises like Mighty Kicks have more franchised locations than corporate locations.

How many Mighty Kicks franchises opened over the past few years?

Over the prior 3 years we have data for, Mighty Kicks has opened 20 outlets throughout the U.S. Visit the Mighty Kicks metrics tab to explore how the openings compare to other Children Programs franchises.

How many Mighty Kicks franchises closed over the past few years?

Over the prior 3 years we have data for, Mighty Kicks has closed 3 outlets throughout the U.S

Visit the Mighty Kicks metrics tab to explore how the openings compare to other Children Programs franchises.

Is Mighty Kicks growing? Are they opening more locations than they are closing?

The net unit growth rate for Mighty Kicks over the past 3 years is 77%. Over the last year we have data for, Mighty Kicks had a net unit growth rate of 15%.

Without a comparison, this number doesn’t mean much. Compare how the Mighty Kicks growth rate compares to 2,000+ other franchises and Industry franchises like Mighty Kicks. More info in the Mighty Kicks metrics tab.

Is Mighty Kicks franchise eligible for an SBA Loan?

Mighty Kicks is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Mighty Kicks franchise was assigned the SBA Franchise ID of S5848 on 08/13/2020. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Mighty Kicks that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Mighty Kicks a franchise in the United States?

According to the SBA, Mighty Kicks meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Mighty Kicks provides you with an FDD if you are in discussion to buy a Mighty Kicks.

What is the Mighty Kicks Franchise for Sale Rate?

The Mighty Kicks systemwide health and franchisee satisfaction can be measured by the Mighty Kicksfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Mighty Kicks franchise for sale rate over the past 3 years is 3%. Over the last year we have data for, Mighty Kicks had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Mighty Kicks franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Mighty Kicks. More info in the Mighty Kicks metrics tab.

What is the Mighty Kicks Franchise Failure Rate?

Mighty Kicks franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Mighty Kicks failure rate over the past 3 years is 8%. Over the last year we have data for, Mighty Kicks had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Mighty Kicks franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Mighty Kicks. More info in the Mighty Kicks metrics tab.

How can I find out more details on Mighty Kicks franchise?

Visit the Mighty Kicks metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Mighty Kicks

$13,200

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Mighty Kicks

$225 per month

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Mighty Kicks

$9,700

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Children Programs

Category

Sports

SBA Identifier

S5848

Year of Founding

2010

Fees

Marketing Fee

NA

Royalty Fee

$225 per month

Franchise Fee

$9,700-$9,700

Investment Range

$10K-$16K

Location units

Total U.S. Locations

39

U.S. Franchised Units

39

U.S. Corporate Units

0

Headquarters (City)

Colorado Springs

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2010

Issuance of FDD Data

02/22/2019

Detailed Franchise metrics for Mighty Kicks

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Mighty Kicks below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Mighty Kicks

0%

77%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Mighty Kicks

NA

3%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Mighty Kicks

NA

8%

Industry median

All franchises median

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Business details

Company Name

Business email

**********@******.com

Mailing address

9810 Rising Eagle Place

State headquarters

Colorado

Owner Name

Mighty Kicks

Phone

+1 (000) 0********00

City

Colorado Springs

Zip code

80908
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