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Below is an in-depth analysis and side-by-side comparison of Hoop Mountain vs Amazing Athletes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $40,000 - $50,000 | $30,700 - $61,650 |
Franchise Fee | $40,000 | $25,000 - $35,000 |
Royalty Fee | - | 8% |
Advertising Fee | - | $150/mo. |
Year Founded | - | 2003 |
Year Franchised | - | 2006 |
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 | -/- | Yes/Yes |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | A very important benefit of our Franchise Package is our exceptional Training Program. That's why Amazing Athletes, Inc. offers a comprehensive training program to our franchisees. Included in the program are both classroom and hands-on training in valuable areas such as: teaching methods, promotional activities, customer service, administrative duties, as well as problem solving. On-The-Job Training: 13 hours Classroom Training: 23 hours Additional Training: Monthly conference calls |
Support | - | To help insure the success and growth of your operation, Amazing Athletes, Inc. will provide assistance, and in some cases, have final approval on the following: * Site selection research and selection of units * Accounting systems * Advertising and promotions * On-going advertising |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
When you open your Amazing Athletes franchise, you will have a streamlined, organized business operation. In addition to our Field Coordinators who will provide Amazing Athletes Franchisees hands-on guidance during the preparation phase, we offer the following benefits:
* Long-term franchise contract up to twenty (20) years
* On-going guidance by an Amazing Athletes Director
* Operations Manual
* Accounting/reporting systems
We are looking for Individuals who are:
* Business-minded
* Marketing oriented
* Adequately financed
* Possess a strong desire and ambition to succeed
* Outgoing in nature and who enjoy working with children and people