Hoop Mountain vs Hi-Five Sports Franchise Comparison

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

Start-Up Costs and Fees
	Hoop Mountain Franchise	Hi-Five Sports Franchise
Investment	$40,000 - $50,000	$17,900 - $388,225
Franchise Fee	$40,000	$9,900 - $25,000
Royalty Fee	-	8.75%
Advertising Fee	-	-
Year Founded	-	1990
Year Franchised	-	2015
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	Hoop Mountain Franchise	Hi-Five Sports Franchise
Experience	-	-
Financing Options
	Hoop Mountain Franchise	Hi-Five Sports Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/Yes
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/Yes
Inventory	-/-	-/Yes
Receivables	-/-	-/Yes
Payroll	-/-	-/Yes
Training & Support
	Hoop Mountain Franchise	Hi-Five Sports Franchise
Training	-	On-The-Job Training: 13 hours Classroom Training: 5 hours
Support	-	Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing	-	Ad Templates Social media SEO Website development Email marketing
Operations	-	Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3
Expansion Plans
	Hoop Mountain Franchise	Hi-Five Sports Franchise
US Expansion	-	Yes
Canada Expansion	-	-
International Expansion	-	-

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 Hi-Five Sports

Hi-Five is your ticket to get in the game with your very own youth sports business. Hi-Five will give you the tools necessary to have your very own Hi-Five Sports Camp. We see our summer multi-sport camp as the "sporty" version of your typical day camp with all the themes and events that go along with it. Hi-Five Sports Franchises also include the following programs to feed into your Hi-Five Sports Camp.

• Preschool Sports Classes
• K-8th Grade Basketball and Flag Football Leagues
• After-School Enrichment Programs
• Hi-Five Birthday Parties
• School-Break Camps
• P.E Outsource Programs
• Specialty Sporting Events
• And More...

With nearly 30 years of experience, Hi-Five continues to innovate the youth sports industry with its unique take on "Youth Sports Entertainment".

Veteran Incentives  50% off franchise fee

#464 in Franchise 500 for 2020.