Hi-5 ABA Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$12,000
Investment required
$16,000 - $75,000
Hi-5 ABA: Transforming Autism Care Through Clinical Excellence and Business Support
Hi-5 ABA is a franchise specializing in Applied Behavior Analysis (ABA) therapy, primarily focused on serving children with developmental disabilities, including autism. Founded in 2018 and headquartered in Warrenton, Virginia, the franchise started offering franchising opportunities in 2019.
Hi-5 ABA provides a unique model where Board Certified Behavior Analysts (BCBAs) can own and operate their own practices while receiving extensive administrative support from the franchisor. This support includes handling credentialing, billing, payroll, and more, allowing franchisees to focus on clinical care and client outcomes.
This model not only allows BCBAs to maintain clinical independence but also ensures that they can provide high-quality care while building a successful business. By focusing on both clinical excellence and business efficiency, Hi-5 ABA stands out in the ABA therapy industry, providing a valuable service to communities across the United States.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure | Amount |
Initial Franchise Fee | $500 - $15,000 |
Lease/Utility Deposits | $0 |
Leasehold Improvements/Signs | $0 |
Technology System Equipment | $600 - $2,500 |
Technology System Services | $93 - $780 |
Business Equipment and Supplies | $300 - $500 |
Business Licenses and Permits | $0 - $375 |
Insurance | $1,000 - $3,000 |
Professional Fees | $500 - $2,000 |
Initial Training Expenses | $0 |
Marketing | $125 - $575 |
Additional Funds (6 Months) | $12,500 - $50,000 |
Total | $15,618 - $74,730 |
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Franchise Disclosure Document
Training
Hi-5 ABA Franchise provides a structured training program that covers both clinical and business aspects to help franchisees successfully manage their ABA practices. The training is organized into the following key programs:
- Clinical Supervision and Treatment Plan Development: This program focuses on teaching franchisees how to provide effective clinical supervision and develop individualized treatment plans for clients. It ensures that franchisees are equipped to deliver high-quality ABA services.
- Administrative Training: Franchisees receive training on handling essential administrative tasks, including billing, payroll, and credentialing. This program is designed to alleviate the burden of these tasks so that franchisees can concentrate on clinical care.
- Practice Management and Marketing: This program provides training on how to manage the day-to-day operations of the practice, including staff recruitment and retention, as well as marketing strategies to grow the business. It ensures that franchisees are well-prepared to run their practices efficiently and effectively.
- Ongoing Support and Consulting: Beyond initial training, Hi-5 ABA offers continuous support through business consulting and access to resources that help franchisees stay updated on best practices in both clinical and business operations.
Territory Protection
Hi-5 ABA franchise does offer territory protection to its franchisees, ensuring that each franchisee has a designated geographic area in which they can operate exclusively.
This protection allows franchisees to develop their client base and grow their business without the risk of internal competition from other Hi-5 ABA locations within their assigned territory. The goal of this territorial exclusivity is to maximize the franchisee's market potential and help them establish a strong presence in their community.