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Below is an in-depth analysis and side-by-side comparison of Hoop Mountain vs Fun Fieldz 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 | $29,790 - $50,115 |
Franchise Fee | $40,000 | $15,000 - $22,500 |
Royalty Fee | - | 5% |
Advertising Fee | - | $150/mo. |
Year Founded | - | 2012 |
Year Franchised | - | 2013 |
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 | - | On-The-Job Training: 10 hours Classroom Training: 10 hours |
Support | - | Grand Opening Field Operations |
Marketing | - | Co-op Advertising Social media SEO Website development Email marketing |
Operations | - | Number of Employees Required to Run: 5 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.
Fun Fieldz offers franchise units that bring a range of miniature, authentic sports fields to your location to create a unique and memorable experience. Yes, we take the ball game out to you! Fun Fieldz was created by fathers as a way to compete with video games, computers and social media. We wanted to get our children off the couch and outside for good old active fun. We realized that what we had created was not just a great way to keep kids active, but also a chance for adults to reconnect with their childhood and a way to build stronger relationships between family, friends and co-workers. We launched our company in 2012 and have been building the Fun Fieldz experience every day since.