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M14Hoops Franchise

M14Hoops is a youth basketball development academy franchise providing basketball instruction and life skills training for children of all ages. The business can be operated from a home based administrative office, with programs delivered…

Total Investment
$105K$195K
Franchise Fee
$49,500 to $284,500
Royalty Rate
8% of weekly Gross Sales Gross Sales
Total Units
16
Franchising Since
2021

🌻About M14Hoops Franchise

M14Hoops is a youth basketball development academy franchise providing basketball instruction and life skills training for children of all ages.

The business can be operated from a home based administrative office, with programs delivered on site at schools, community centers, and commercial facilities within a designated territory, keeping overhead low while reaching a wide range of young athletes.

The franchise fee is $49,500, and M14Hoops has been franchising since 2021 under its parent company, M14 Enterprises, LLC.

💰M14Hoops Franchise Cost & Fees

Minimum Investment
$105K
Average Investment
$150K
Maximum Investment
$195K
Fee TypeAmountNotes
Initial Franchise Fee$49,500 to $284,500One-time payment upon signing
Royalty Fee8% of weekly Gross Sales of gross salesOngoing; paid monthly
Marketing/Ad FundNot currently assessed; up to 1% of Gross SalesNational brand fund
Total Investment Range$104,880$195,000Includes build-out, inventory, working capital

The investment range of $105K–$195K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of weekly Gross Sales) and marketing fee (Not currently assessed; up to 1% of Gross Sales) are ongoing costs paid as a percentage of gross sales.

📋Investment Breakdown (Item 7)

ItemLowHigh
Initial Franchise Fee$49,500$49,500
Travel for Owner’s Initial Training$500$4,000
Travel for New Hire Process$500$2,500
Initial Head Trainer/DBO Training$37,500$37,500
Travel for Head Trainer/DBO Initial Training$1,500$5,000
Initial Marketing$6,500$10,000
Furniture and Fixtures, Equipment, Signage, and Office Supplies$1,000$3,500
Computer and Software System$2,250$4,250
Insurance Deposits – 3 Months$80$250
Professional Fees$500$3,000
Licenses and Permits$50$500
Additional Funds – 3 months$5,000$75,000

💵Additional Fees (Item 6)

Fee TypeAmount
Transfer Fee$10,000 plus any third-party commissions
Renewal Fee$10,000
Technology Fee$500 per year
Audit FeeCost of audit
Website Hosting Fee$500 per year per Territory
Digital Communications Manager Program$1,000, increasing annually up to $8,000, plus inflation
Digital Marketing ProgramNot currently assessed; $1,000 per month when created
Annual Conference Attendance Fee$1,000, plus your expenses for salary, travel, and accommodations
Additional Employee Initial Training$5,000 - $15,000 depending on certification level, plus travel and accommodations
Supplemental Training FeeOur then current daily rate per trainer, plus expenses we incur. Current rate is $500 per day
DBO Support FeeCurrently not assessed, $1,000 per month
Interest18% per annum from due date
Bookkeeping FeeNot currently assessed; $50 - $150 per hour
Reporting Non-Compliance$150 per occurrence
Operations Non-Compliance$450 to $1,000 per occurrence
Payment Non-Compliance$150 per occurrence
Quality Assurance AuditActual costs incurred by us
CollectionsActual fees, costs, and expenses
NSF Check Fee of Failed Electronic Fund Transfer$50 per violation
Non-complianceActual fees, costs, and expenses
Legal Fees and ExpensesCosts and expenses
IndemnificationThe amount of any claims, liability, or loss we incur from your Franchised Business
Post-Termination or Post-Expiration ExpensesCosts and expenses
Testing or Supplier Approval FeeActual fees, costs, and expenses
Management Service20% of Gross Sales, plus expenses
Operations Manual Replacement Fee$500
Relocation FeeCosts and Expenses

🎓Training Program (Item 11)

DetailInformation
Total DurationOwner/Management Training: 38-64 hours (12 classroom, 26-52 weekly calls). Head Trainer/DBO Training: 130-180 hours (30 classroom, 50 on-the-job, 100-150 on-going personal development/weekly advice).
Classroom TrainingOwner/Management: 12 hours; Head Trainer/DBO: 30 hours
On-the-Job TrainingOwner/Management: 0 hours; Head Trainer/DBO: 50 hours
Training LocationAurora, Illinois or Indianapolis, Indiana
Additional TrainingYes, additional training for various certification levels (Junior Trainer, Senior Trainer, Private Instruction, Court Leader, Certified Trainer Trainer) is offered, with costs ranging from $0 to $20,000 depending on level and promotion status, plus travel if not local.

📍Territory Rights (Item 12)

DetailInformation
Territory TypeNon-exclusive, but franchisor will not open or grant other franchisees rights within the designated Territory, except for Closed Markets.
Exclusive TerritoryNo
Territory SizeUp to 300,000 people for a single territory. Multiple territories up to 3,000,000 individuals. Additional population for $0.165 per person.
DescriptionGeographic area determined by population density, demographics, and geographical boundaries, identified by zip code, boundary streets, highways, county lines, designated market area, and/or other recognizable demarcations.

📄Renewal, Termination & Transfer (Item 17)

DetailInformation
Initial Term10 years
Renewal TermAdditional 10-year terms
Renewal Fee$10,000
Renewal ConditionsMust be in compliance with agreement terms, provide 180 days written notice, sign new franchise agreement (which may have materially different terms), sign general release, pay renewal fee, remodel/upgrade business to current standards, and meet other requirements. Owners and spouses must personally guarantee.
Transfer Fee$10,000 plus any third-party commissions
Transfer ConditionsPrior written consent from franchisor (not unreasonably withheld), franchisee/owners not in default, transferee meets franchisor's qualifications (good moral character, business experience, financial resources, no competitive business), transferee agrees to be bound by agreement, transferee's owners/spouses personally guarantee, general release signed, assignment of approved location, assets transferred, transferee/managers complete training, franchisor approves price/terms, transferee's employees sign confidentiality.
Termination for CauseFranchisor can terminate for various curable defaults (e.g., failure to pay fees, operational non-compliance, within 10 or 30 days cure period) and non-curable defaults (e.g., bankruptcy, intentional non-compliance, abandonment, misrepresentation, unauthorized transfer, disclosure of confidential info, felony conviction).
Non-Compete PeriodDuring term: not engage in competitive business. Post-termination/expiration: 24 months (or 18 months if 24 is unenforceable).
Non-Compete DetailsDuring the term, franchisee cannot own >3% in a publicly traded competitive business, operate/manage/fund/perform services for a competitive business, divert customers, or induce customers to other businesses. Post-term, these restrictions apply within the Restricted Territory (Operating Territory + 25-mile radius, or 25-mile radius of Administrative Office if no operating territory, and 25-mile radius of other M14Hoops Businesses).

Operations & Supply (Items 8 & 15)

DetailInformation
Owner-Operator RequiredYes
Participation DetailsThe Managing Owner (franchisee or managing shareholder/partner if corporate entity) must be personally responsible for the daily management and supervision of the Franchised Business and must have satisfactorily completed initial training and obtained all required licenses/permits. On-premises supervision is recommended, but a manager can be hired if they meet criteria, complete training, and sign a confidentiality agreement.
Required SuppliersYes, franchisor designates or approves suppliers for products, supplies, equipment, technology systems, and services.
Supply RestrictionsFranchisees must purchase System Supplies through the franchisor, its affiliates, or designated approved suppliers. Franchisor or affiliates may be exclusive suppliers.
Franchisor Revenue from SuppliersDuring the fiscal year ended December 31, 2024, $156,978 was earned from franchisees’ required purchases or leases directly from the franchisor, representing approximately 44.7% of total revenue. Affiliates did not earn any revenue from required franchisee purchases.

🏦Financing (Item 10)

DetailInformation
Financing AvailableNo
DescriptionWe do not offer direct or indirect financing. We do not guarantee any note, lease, or other obligation on your behalf.

📊M14Hoops Franchise Earnings — Item 19

Average Revenue
$154K
Revenue Range
$107K$226K
Sample Size
5 units

Past financial performance does not guarantee future results. Individual results will vary.

M14Hoops Litigation & Risk Flags

Clean Litigation RecordM14Hoops has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.

Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.

📈M14Hoops System Growth

Total Units
16
Franchised
13
Company-Owned
3

M14Hoops currently operates 13 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.

📅Unit History (Item 20)

YearOpenedClosedTotal
2022103
20237010
20246016

Transfers: 0 | Closures: 0

🇧State Registrations

Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI

💲Franchisor Financials (Item 21)

Revenue
$351K
Net Income
$7K
Total Assets
$581K

Audited by Metwally CPA PLLC for year ending December 31.

M14Hoops Franchise — FAQ

The total investment to open a M14Hoops franchise ranges from $104,880 to $195,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $49,500 to $284,500. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
M14Hoops charges a royalty fee of 8% of weekly Gross Sales of gross sales, plus a Not currently assessed; up to 1% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the M14Hoops Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from M14Hoops to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, M14Hoops franchise owners report average revenue of $154K. This is based on a sample of 5 units. Past performance does not guarantee future results.
M14Hoops has been franchising since 2021. The FDD shows an investment range of $104,880-$195,000, a 8% of weekly Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $49,500 to $284,500 and the total investment ranges from $104,880 to $195,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.

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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from M14Hoops and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with M14Hoops or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com
M14Hoops
Total Investment
$105K$195K
💰 Costs & Fees
Franchise Fee$49,500 to $284,500
Royalty8% of weekly Gross Sales
Marketing FeeNot currently assessed; up to 1% of Gross Sales
FinancingNot Available
🏢 System Overview
Total Units16
Franchising Since2021
Earnings Claim (Item 19)Yes
📄 Contract Terms
Initial Term10 years
Renewal TermAdditional 10-year terms
TerritoryNon-exclusive, but franchisor will not open or grant other franchisees rights within the designated Territory, except for Closed Markets.
Owner-OperatorRequired
⚖️ Legal & Risk
Pending LitigationClean
Bankruptcy HistoryNone
Download the Full M14Hoops FDD
2024 · Public Registry Document
Free · No paywall · Instant FDD report

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