Fundraising University
Fundraising- 2023 Franchise 500 Rank
-
#488 Not ranked last year
- Initial investment
-
$78K - $84K
- Units as of 2022
-
72 500.0% over 3 years
Helping fund the dreams of school sports teams across the United States, Fundraising University employs a playbook of efficient strategies proven to raise the money needed to keep sports programs alive and student-athletes active. Comprised of former athletes and coaches, the team at Fundraising University has been helping equip students, reach out of town tournaments, and more for over ten years.
With more than $150 million raised for school sports teams throughout the U.S., Fundraising University has made it their mission to raise the most money in the least amount of time without adding to the already heavy workload of teachers and student-athletes. Fundraising University believes its proven methods not only bring teams closer together, but enrich communities with positive, lasting change.
Why You May Want To Start a Fundraising University Franchise
Anyone with a drive to help develop America’s next top athletes or who wants to ensure every student gets the opportunity to play may make an ideal Fundraising University franchisee. Although no specific prior experience is required, a business and/or sports background would prove beneficial.
Most of all, Fundraising University franchisees should be people whose leadership abilities will prove crucial in helping coaches and students plan and execute fundraisers year after year. Relatively fast startup and low overhead costs also may help make Fundraising University appeal to budding entrepreneurs.
Fundraising University has been ranked in Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make a Fundraising University Franchise a Good Choice?
A Fundraising University franchise employs an expert team of former athletes and coaches including basketball, football, baseball, softball, volleyball, cheer/dance, and more. Fundraising University’s experts work directly alongside coaches and students and remain at their side every step of the way. In fact, not only does Fundraising University aid school sports teams to set and achieve their funding goals, but establishes strategies to bring even greater growth in subsequent seasons.
To be part of the Fundraising University team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Fundraising University Franchise
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Fundraising University franchising team questions.
If a Fundraising University franchise is awarded to you, franchisees enter an intensive multi-week training course before returning to their communities where they’ll be able to remotely access ongoing training materials and the vast resources of Fundraising University’s corporate team.
Company Overview
About Fundraising University
- Industry
- Children's Businesses
- Related Categories
- Fundraising, Miscellaneous Services
- Founded
- 2009
- Leadership
- Mike Bahun, President
- Corporate Address
-
7111 W. 151st St., #36
Overland Park, KS 66223
Business Overview
- Franchising Since
- 2020 (2023-2020 years)
- # of employees at HQ
- 18
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 72 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Fundraising University franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $59,500
-
Initial Investment
Information Circle - $77,850 - $84,100
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Net Worth Requirement
Information Circle - $100,000
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Cash Requirement
Information Circle - $50,000
-
Veteran Incentives
Information Circle - 10% off franchise fee
-
Royalty Fee
Information Circle - 1.5K+/mo.
-
Ad Royalty Fee
Information Circle - $500+/mo.
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Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Fundraising University has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 18 hours
- Classroom Training
- 74 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - Yes
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 1-2
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like Fundraising University? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Fundraising University landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Fundraising University ranked on other franchise lists? Find out below.
Ranked #488 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #73 in 2023
Meet the companies that are leveraging their ability to scale fast across the U.S. and Canada in Entrepreneur's annual fastest-growing franchises ranking.
Ranked #126 in 2023
Check out the top franchises that offer you the freedom of working from home or on-the-go.
Ranked #77 in 2023
Buying a franchise on a budget? No problem. Here are the top franchises that can be started for less than $100,000. For more low-cost opportunities, see our lists of franchises that can be started for less than $50,000 and less than $150,000.
Ranked #22 in 2023
Want to get in on the ground floor of the next big thing? You might just find it here on our list of the top companies that have been franchising for five years or less.
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