Hoop Mountain vs CKO Kickboxing Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hoop Mountain vs CKO Kickboxing including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hoop Mountain Franchise
CKO Kickboxing Franchise
Investment $40,000 - $50,000$125,012 - $251,862
Franchise Fee $40,000$35,000
Royalty Fee -7%
Advertising Fee -1%
Year Founded -1997
Year Franchised -2007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hoop Mountain Franchise
CKO Kickboxing Franchise
Experience --

Financing Options

 
Hoop Mountain Franchise
CKO Kickboxing Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Hoop Mountain Franchise
CKO Kickboxing Franchise
Training - On-The-Job Training: 33 hours Classroom Training: 35 hours
Support -Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing -Ad Templates Social media SEO Website development Email marketing
Operations --

Expansion Plans

 
Hoop Mountain Franchise
CKO Kickboxing Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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.

About CKO Kickboxing

CKO's membership-based financial model is driven by recurring income. This business model has the ability to create consistent revenue streams. Fitness kickboxing is rated as the number one calorie burning exercise by Health and Fitness magazine, burning up to 1000 calories an hour - nothing else comes close! 
CKO Kickboxing uses REAL heavy bags for REAL results - By incorporating real heavy bags into the CKO workout, we ensure that members are working their muscles as well as burning a lot of calories through an intensive cardio workout. 
CKO Kickboxing has a very high retention rate - Our members have historically remained very loyal and one of our best marketing tools is member referral. 
CKO Kickboxing emphasizes quality workouts - The CKO workout produces results without having to resort to expensive machinery.
CKO Kickboxing classes are very time efficient and very effective - The workout is easily adapted to a class size of 3 people or 75, without generating extra expenses. A winning formula of results and fun keeps members coming back and bringing their friends in droves.
 The low capital expenditure combined with a low acquisition cost per client and high revenue per square foot results in fast growth and sustained profitability.
CKO supports new franchise owners in many ways, including:
 *Brand Recognition - CKO appeared in Entrepreneur Magazine, Fox Business News, NBC Today Show.
 *Low Overhead - Location size determined by your market needs.
 *Two-Part Training - Business training and fitness instructor training.
 *Equipment - Top-of-the-line equipment vendors, with national pricing.
 *Profit Centers - Membership, personal training and retail product line.
 *Marketing Support - Grand opening media blitz and monthly advertising campaigns.
 *Software - Web-based management system.
 *Site Selection - Assistance with lease negotiations, term and concessions.
 *Protected Territories - Area developments awarded in qualified markets/candidates.
 *Ongoing Support - We are involved throughout your development.