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M14Hoops

Youth basketball training and development
Investment
$97,380
Initial Franchise Fee
$49,500
Units
14
Growth Rate
+600.0%

Overview

Industry
Children's Businesses
Founded
2009
Franchising Since
2021
Parent Company
Leadership
Nick Gabrione, VP, Business Development
# of Employees at HQ
20

Units and Growth Chart

Investment Details

Initial Franchise Fee
$49,500
Initial Investment
$97,380 - $127,500
Net Worth Requirement
$250,000
Cash Requirement
$100,000
Royalty Fee
8%
Ad Royalty Fee
0
Technology Fee
0
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
N/A
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
50 hours
Classroom Training
130 hours

Ongoing Support

Grand Opening

Marketing Support

Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
Yes
# of employees required to run
0
Are exclusive territories available?
Yes

Ranking History

M14Hoops performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022