Franchise FAQ

how much is it to buy an i9 franchise

by Prof. Tremayne O'Kon Published 2 years ago Updated 1 year ago
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Our Business Model is designed to be accessible for passionate entrepreneurs who want to create a life-changing business for their families and for the kids in their communities. An i9 Sports franchise owner's initial investment and franchise startup costs will range from a low of $36,500 to a high of $69,900.

What is franchise investment?

What is franchise fee?

How long is a franchise agreement?

What is net worth?

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How much is an i9 franchise?

$36,500 - $69,900What Does a i9 Sports® Franchise Cost? To buy a franchise with i9 Sports®, you'll need to have at least $50,000 in liquid capital. Franchisees can expect to make a total investment of $36,500 - $69,900. They also offer financing via 3rd party as well as a discount for veterans ($5,000 discount on first unit agreement).

Is i9 a franchise?

i9 Sports is the nation's first and largest youth sports franchise. Since our first franchise was sold in 2003, i9 Sports® has given entrepreneurs a time-tested way to combine their passion for youth sports with their desire for a new career path.

Is i9 Sports a for profit?

The i9 Sports Association was established in 2006 as a non-profit organization and reorganized in 2011 to expand its reach nationally.

Who is the owner of i9 Sports?

Frank FiumeFranDev Players: Frank Fiume, Founder of i9® Sports.

What does i9 Sports stand for?

i to the 9th powerThe name “i9 Sports®” was chosen to symbolize nine key differences in our approach to youth sports: imaginative, innovative, interactive, integrity-driven, impassioned, inspirational, instructional, insightful and inclusive. i9 Sports® literally means “i to the 9th power.”

What is i9 identification?

Use Form I-9 to verify the identity and employment authorization of individuals hired for employment in the United States. All U.S. employers must properly complete Form I-9 for each individual they hire for employment in the United States.

How long has i9 Sports been around?

In 2003, i9 Sports® was born and the first i9 Sports franchise was sold. Little did Frank know at the time that his simple goal to put fun back into youth sports would revolutionize the industry.

Is i9 competitive?

Families seeking a highly competitive format with a win-at-all-cost culture will not feel at home in our leagues. Our format is unabashedly recreational as we reclaim youth sports for the millions of kids across the nation who just want to play sports as they should be… fun. That's the i9 Sports difference.

When did i9 sports come out?

2003In 2003, i9 Sports® was born with a simple goal of putting fun back into youth sports. Today we have thousands of kids enjoying youth sports every week throughout the country!

Who is Frank Fiume?

Frank Fiume is a pioneer in the youth sports industry and the founder of i9 Sports—the nation's first and leading franchisor of youth leagues and camps. Since 2003, i9 has generated over 300 million dollars—with more than two million participants in 900 communities across 30 states nationwide.

What happens if I-9 is not completed in 3 days?

Employees who cannot produce documentation to complete the Form I-9 within three days of hire must not work or be paid. If documentation is not produced by the end of the third day, employees must not be permitted to work.

What is the difference between an I-9 and a W9?

I9 vs W9. I9 form is an official verification of identity and legal authorization to work for all paid employees. W9 is a form filled by third party companies such as independent contractors who provide services to companies, upon the request from the respective company.

Is i7 or I-9 better for gaming?

The i9 line is the top of Intel's consumer stack, representing the peak of what Intel can do on either desktop or laptops, while the i7 fulfills the niche of being a more modestly priced engine for prosumer content creation and a solid driver for gaming throughout.

What is the difference between I-9 and w2?

If you worked as an employee for a company in the previous year, you should receive a W-2. When you work as an independent contractor or freelancer, you should fill out and submit a W-9. Independent contractors or freelancers who require a W-9 form are also required to earn $600 or more during their contract.

How much does it cost to buy an i9 sports franchise?

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.

Is i9 sports a good fit for you?

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 by completing the form below, and we’ll follow up with more information soon.

Is i9 a low cost franchise?

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.

How much does an i9 Sports franchise make?

Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

Are there any i9 Sports franchise opportunities near me?

Based on 2018 FDD data, i9 Sports has franchise locations in 33 states. The largest region is the South with 89 franchise locations.

How much does it cost to start an i9 sports franchise?

An i9 Sports franchise owner’s initial investment and franchise start up costs will range from a low of $36,500 to $69,900 depending on the size of territory purchased. 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. Learn More.

What is an i9 sports franchise?

An i9 Sports® franchise is a complete system for success providing all of the tools necessary to make each franchise thrive. Your franchise earning potential is truly dependent on your efforts; how aggressively you market, how many sports and venues you offer each season, and the quality of the programs you provide all determine how big your franchise earning potential can be.

How does i9 make money?

i9 Sports® franchise owners make money primarily through the registration fees paid by participants to play in our leagues, camps, clinics, and after-school programs. Our franchise owners build market share and a loyal following by offering multiple sports, at multiple locations, four seasons a year. In addition to registration fees, our youth sports franchise owners generate supplemental revenue from local sponsor advertisements, concessions, merchandise and partnership fees.

When was the first i9 sports franchise sold?

Since our first franchise was sold in 2003, i9 Sports® has given entrepreneurial individuals who have the desire to make a living doing something they love a time-tested way to achieve their dreams.

Who owns i9 sports?

Franchise owner Ted Smith says i9 Sports gives you a way to do good and drive revenue.

Is i9 sports exclusive?

This means that no other franchisee will ever have the right to offer i9 Sports programs within the zip codes you own. Learn More.

What is franchise investment?

Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

How long is a franchise agreement?

10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

What is net worth?

What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.

What is franchise investment?

Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

How long is a franchise agreement?

10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

What is net worth?

What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.

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