M14 Hoops

At M14Hoops, we offer basketball development for youth grades K-12 in year-round programming dedicated to teaching transferable basketball and life skills.

Interested in Franchise Ownership?

Request a Consultation

M14 Hoops

Request a Consultation

M14 Hoops Franchise Cost and Requirements for 2024

Low overhead with very high margins around 40% Net

No long-term leases to sign - rent space for only the hours you use it

Fun Industry that makes an impact on youth

M14 Hoops will be the first national brand in basketball training, there are many people who do basketball training, but very few basketball training businesses.

Strong support around hiring and training your operator so that franchisees can keep their full-time job if they choose.

Established: 2009
First Unit Franchised: 2022
Franchised Units: 19
Company Owned Units: 3
Registration State Approvals: CA, HI, IL, IN, MI, RI, SD, VA, & WI
Canada Franchises: No
International Franchises: No

Industry: $19B Youth Sports --> Youth Basketball, which is the #1 youth sport.

Watch our Brand Story video to learn more about how we started: https://vimeo.com/showcase/10104140/video/799512837

Initial Training

Owner: 12 classroom hours

Operator: 2-week classroom and live training 40 hours a week in Aurora or Indianapolis. Certifications for private training, group training, and court leadership. 10 weeks of three times a week phone calls with M14 director followed by 52 weeks of twice a week calls with another M14 director.

M14 Director visits location for first large event for training, support and site discovery.

On-Going Support

Operator: The operator will have 3 calls per week for the first 10 weeks, then two calls per week for the next 52 weeks. Weekly professional development sessions.

Owner: The franchisee will have weekly calls with assigned member of M14 leadership team. These calls are to provide weekly professional development sessions and strategic planning.

Marketing Strategies

In person at basketball games and tournaments
Digital
In-program mailchimp
Marketing Calendar that outlines exactly what programs to offer when
Corresponding marketing campaigns for social media

What does a M14 Hoops Franchise Cost?

M14 Hoops franchise fees for 2024:

Item 7 Investment: $97,380 - $127,500
Minimum Net Worth: $250,000 / Minimum Liquidity: $100,000
Franchise Fee: 1 Unit $49,500 / 2 Units $91,500 / 3 Units $129,500
Royalty: 8% / Ad Fund: None!
Item 19: Yes
Average Number of Employees: 1 Director of Basketball Operations (highly vetted and trained by the Franchisor)
Visa Candidates: No
Home-Based: Yes - no brick & mortar requirements. Rent gym space.
B2C
Master Franchise Opportunities: No
Veteran Discount: Yes - $5,000 discount on initial territory franchise fee

Is M14 Hoops a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. M14 Hoops is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is M14 Hoops a Home Based franchise?

Yes. M14 Hoops is a home based franchise opportunity.

What Do M14 Hoops Franchise Owners Make?

Click here to find out how much M14 Hoops franchisees make. M14 Hoops offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is M14 Hoops a Master Franchise Opportunity?

No. M14 Hoops is not a master franchise opportunity.

Does M14 Hoops Offer a Veteran Discount?

Yes. M14 Hoops franchise does offer a veteran discount.

Does M14 Hoops Work with E2 Visa and EB-5 Visa Candidates?

No. M14 Hoops franchise does not work with E2 Visa and EB-5 Visa candidates.

Is M14 Hoops Looking for Franchisees in Canada?

No. M14 Hoops franchise is not looking for Canada franchisees.

Is M14 Hoops Looking for International franchisees?

No. M14 Hoops franchise is not looking for International franchisees.

Where can I see M14 Hoops's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Categories

Child Related, Fitness, Sports, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

B2B

Franchise Opportunities in Canada

International Franchise Opportunities

E2 Visa Franchise

M14Hoops Franchise Scores Another Franchisee in DFW!

Click Here to inquire about existing M14 Hoops franchises for sale. We may have M14 Hoops franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

Schedule a Free Tour with IFPG

“IFPG’s mission is to serve the franchise industry with innovation, growth and opportunity. We do that by constantly improving and adding to the value we bring our members. Find out why more than 1,500 of the industry’s most respected professionals chose IFPG. Schedule a one-on-one virtual tour with a member of our team. Thank you for the opportunity to serve you.”

Red Boswell, President

M14 Hoops Franchise Cost and Requirements for 2024

Background

Company Details