STACK Velocity Sports Performance vs Shoot 360 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of STACK Velocity Sports Performance vs Shoot 360 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
STACK Velocity Sports Performance Franchise
Shoot 360 Franchise
Investment $554,750 - $1,485,000$93,500 - $908,500
Franchise Fee $54,000$3,500 - $8,500
Royalty Fee 6%+2%marketing fund-
Advertising Fee --
Year Founded 19992019
Year Franchised 20022019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
STACK Velocity Sports Performance Franchise
Shoot 360 Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    STACK Velocity Sports Performance Franchise
    Shoot 360 Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    STACK Velocity Sports Performance Franchise
    Shoot 360 Franchise
    Training Available at headquarters: 2 weeks

    At franchisee's location: 1 week

    Periodic conferences and sales training

    		-
    Support Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training -
    Marketing Ad creative, direct mail pieces and marketing brochures available through approved third party vendor

    Partnerships with high profile national sports companies

    		-
    Operations International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 9 - 15

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    STACK Velocity Sports Performance Franchise
    Shoot 360 Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About STACK Velocity Sports Performance

    STACK Velocity Sports Performance was founded in 1999 by world-renowned coach Loren Seagrave and a team of expert coaches to make the most advanced sports performance training from university and professional athletic programs available to the general public. STACK Velocity Sports Performance has training programs designed to improve the athletic ability of all age groups, genders and athletic skill levels.

    About Shoot 360

    "Shoot

    Shoot 360 is shaping the future of basketball development through interactive technology that allows our athletes to train, track, and compete like never before.
    The estimated initial investment required for this franchise ranges from $93,500 to $908,500. This includes a Software Set-Up Fee of $3,500 to $8,500 which is paid to the franchisor. It also includes with the price you pay to approved suppliers to deliver to you a completely furnished and equipped Shoot 360 training facility ready for installation at your site. The Shoot 360 Package price is typically $90,000 to $900,000.