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Below is an in-depth analysis and side-by-side comparison of Parisi Speed School vs Hoop Mountain including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $9,000 - $183,500 | $40,000 - $50,000 |
Franchise Fee | $2,000 - $6,000 | $40,000 |
Royalty Fee | $250-$1.4K/mo. | - |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 2005 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 40 hours | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Social media SEO Website development | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Parisi Owners enjoy a vast array of benefits from a company with more than 20 years in the youth sports performance business. Parisi's proven business models allow owners to tap into the ever-growing youth market to:
-Own your market through our protected territory program
-Begin a youth program with instant credibility that includes an established concept, a reputable brand name, and a nationally recognized professional athlete client list
-Utilize proprietary and proven training methodologies that generate safe and effective results
Hoop Mountain is the premier basketball company in the United States with locations in the North East, Mid-Atlantic, the South and Mid West. Hoop Mountain was founded in 1985 by Steven Gibbs and since its beginning has positively impacted the lives of thousands of youth basketball players. Former Hoop participants have played in the NBA, professionally overseas, as well as at the NCAA Division I, II, and III level. It is our mission to provide the best programs and staff to fully meet the various basketball and fitness needs of our participants. Hoop Mountain provides maximum exposure to college and prep school scouts. The organization provides young basketball players with the highest level of coaching, elite competition, and allows each athlete to develop a sense of pride and accomplishment. Hoop Mountain is determined to create an unmatched basketball atmosphere. Hoop Mountain does everything involved with basketball from private coaching, to college exposure, to educational consulting. This is a complete service business that has a profound affect on young athletes everywhere.