What does a M14 Hoops Franchise Cost?
M14 Hoops franchise fees for 2023:
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
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
Semi-Absentee Ownership / Executive Model: Yes
Home-Based: Yes - no brick & mortar requirements. Rent gym
Master Franchise Opportunities: No
Veteran Discount: Yes - $5,000 discount on initial territory
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.