Parisi Speed School FDD Summary
Type of Business
This license is for the operation of a sports performance training concept (Speed School) for the youth/adult fitness market focused on total sports performance. The franchisees will provide youth and active adults a performance enhancement training experience with a specific focus on improving speed, coordination, agility, flexibility, endurance, athleticism and overall self esteem.
Corporate Information
Parisi Franchise Systems, Inc. is a New Jersey corporation that was formed on February 19, 2008. They merged with Parisi Franchise Systems, LLC a New Jersey limited liability company that was formed on July 27, 2004, and has its principal place of business at 291 Franklin Avenue, Wyckoff, NJ 07481. This merger was a legal technicality that was required to transition the entity from an LLC to a corporation and they are the surviving entity. They do business under their trade name “Parisi Speed School” and “Parisi Sports Performance”. They started selling franchises in Spring 2008.
Investment
The total investment necessary to begin operation of a Parisi Speed School Franchise is $86,150 to $187,900. This includes from $9,600 to $33,600 that must be paid to the franchisor and/or its affiliate, as appropriate.