What is the House of Speed philosophy?

First and foremost, House of Speed is all about the kids. We believe that sports are a tremendous tool for teaching an athlete the principles needed to tackle life’s challenges. It is not enough for us to possess the highest level of training methods and to teach athletes at every level how to excel in sports. It is also our aim to prepare and build an athlete’s character.

What is the market opportunity for House of Speed?

The market for sports performance training in the U.S. is growing rapidly. Parents, schools, and athletes have begun to see the difference how professional sports training and speed enhancement makes a huge difference in an athlete’s future. The demand for suppliers of this service are high, especially those that can deliver a high quality product and parents are realizing a program such as House of Speed can deliver a competitive edge for their child. House of Speed delivers exactly what the market is looking for.

What type of personnel would be needed to run a House of Speed franchise?

House of Speed is looking for highly motivated individuals that have a passion to help athletes succeed both on and off the field. There are three different personnel positions that would need to be filled. The first is the Operations Manager. This person’s responsibility is to handle the finances, logistics, and operations of the franchise. He or she works with House of Speed Corporate in applying logistical standards to the franchise. The second position is the Lead Trainer. This person oversees all training for the franchise. He or she works with House of Speed Corporate in applying the House of Speed training methods to the athletes and other trainers. The last position to fill is the Marketing Director. This person manages the “face” of the franchise by implementing House of Speed Corporate packaged marketing strategies.

How much does it cost to open a House of Speed facility?

Initial Franchise Fee – $39,500

Training Fee – $15,000

• Includes lodging and hospitality for a week in Chicago, Illinois at House of Speed corporate headquarters
• Includes training for 3 trainers and 1 business manager
• Each additional trainer is $1000 per trainer
• Software training for equipment and accounting

Equipment and Technology Fee – $25,000

Total Initial Franchise Investment – $79,500

Royalties – 10% of Gross Revenues

• Paid monthly – 8% after $1 million in revenues

What criteria/area does the facility need?

HOS is requiring a minimum of 15,000 square feet that would have 40 yards to work with athletes. Access to a weight room would also be a requirement.

What is the HOS royalty fee?

10% of gross income.
8% after $1 million in revenues

What type of ongoing support does HOS franchise provide its franchisees?

We pride ourselves on being a family run business. One of the principles that we live by at HOS is the belief that business should be done with a personal touch. Along with our internal controls already put in place, our executive staff is always a phone call away, ready to support you in any way you need. These topics include marketing, accounting, logistics, and any other issues that come along.

What differentiates HOS from the competition and why can’t I do this myself?

• Name recognition – Don Beebe was one of the fastest NFL players during his 9 year career. Don not only lends his name to the company, but is a very active person within the organization.
• Experience/proven program – In 10 years, HOS has trained approximately 35,000 athletes. We have trained athletes ranging from professional teams (Chicago Bears) and professional athletes to collegiate athletes and teams to a lot of younger athletes.
• Why can’t I do this myself? – One in three start-up businesses fail within the first 3 years. In 10 years, only 20% of businesses started today will still be in business. Conversely, a full 97% of franchise businesses are still operating after 10 years.