M14Hoops
At M14Hoops, we offer basketball development for youth grades K-12 in year-round programming dedicated to teaching transferable basketball and life skills. We have found a unique way to systematically integrate ‘old school’ fundamental skills training with ‘new school’ advanced moves, allowing us to work with all levels of skill sets. With quality as our #1 priority, we ensure every player we interact with will learn and be challenged in a positive environment.
M14 gets results for athletes. 90+% of athletes re-enroll in future programs because they see the results they are getting. We offer camps, clinics, team and private training as well as our academy programs. M14Hoops rents gym space as necessary to run our programming. The operator runs the business while the owner manages the systems and keeps their job. Becoming an M14Hoops franchise owner will give you the opportunity to instill the love of the game into young athletes and help turn everyone’s Dream Into A Reality!
Why M14Hoops?
Low overhead with very high margins around 40% Net
No long-term leases to sign – rent space for 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.
Professional training and trainers
Training curriculum to train athletes from 1st – 12th grade for 1:1 or group training
90+ % re-enrolment rate
Attract the best coaches because there are relatively few jobs available in basketball
M14 will be the first national brand in basketball training
Required Net Worth: $250,000
Required Liquid Capital: $100,000
Item 19 Earnings Claims
Full P&L for each year from 2020-2022 & detailed KPI’s showing:
– 2022 Gross Sales: $1,196,004
– 2022 Adjusted Profit: $487,367
Approximate Breakeven Time Frame: 3 months to 1 year
Business Model: B2C
Number/Type of Employees: 1 Director of Basketball Operations
Real Estate Description: Rent court space as needed – public rec centers, private gyms, churches, YMCA, Boys & Girls Clubs, schools
Ideal Franchisee
Loves basketball and kids
Connections to local youth basketball community
Entrepreneurial
Somewhat of a pioneer as 2 out of the 3 franchisees are newer but validate well.
Financials
Investment: $97,000 – $127,000
Liquid Required: $100,000
Franchise Fee: $49,500
Royalty: 8%
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