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Updated RecentlyArthur Murray vs Hoop Mountain Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Arthur Murray 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 | $46,485 - $225,250 | $40,000 - $50,000 |
| Franchise Fee | $12,500 - $100,000 | $40,000 |
| Royalty Fee | - | - |
| Advertising Fee | 12% local | - |
| Year Founded | 1912 | - |
| Year Franchised | 1946 | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Optional 2 to 3 day training program before the Studio opens, if you have no previous experience. | - |
| Support | - | - |
| Marketing | - | - |
| Operations | You must devote your full time, attention and best efforts to operating the Studio. The Studio always must be under your direct, on-premises control and full time supervision. If you operate more than one Studio, each Studio must be under the direct on-p remises supervision of an acceptable manager who has demonstrated the ab ility to operate a Studio. The manager need not have an equity inte rest in the business. However, the manager must sign an agreement containing confidentiality and noncompe titive provisions with the Studio. | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Arthur Murray
Arthur Murray Dance Studios provide trained professionals who can help
interested people in learning the art of dancing in their comfortable
and friendly dance studio atmosphere. The professionals enable students
to feel comfortable on any dance floor and with any dance partner.
Arthur Murray offers convenient times and enrollments that allow you to
take lessons in any of their franchised dance studios worldwide. Arthur
Murray instructors are specially trained and certified and can put
students in touch with today.
About Hoop Mountain
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.