Start-Up Costs and Fees |
||
| Hoop Mountain | Hi-Five Sports | |
| Investment | 40000 - 50000 | 17900 - 388225 |
| Franchise Fee | 0 | |
| Royalty Fee | 8.75% | |
| Advertising Fee | ||
| Year Founded | 0 | 1990 |
| Year Franchised | 0 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hoop Mountain | Hi-Five Sports | |
| Experience | ||
Financing Options |
||
| Hoop Mountain | Hi-Five Sports | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Hoop Mountain | Hi-Five Sports | |
| 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 | Hi-Five Sports | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Franchise Fee | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Royalty Fee | |
| Hoop Mountain | |
| Hi-Five Sports | 8.75% |
| Advertising Fee | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Year Founded | |
| Hoop Mountain | 0 |
| Hi-Five Sports | 1990 |
| Year Franchised | |
| Hoop Mountain | 0 |
| Hi-Five Sports | 2015 |
| Term Of Agreement | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Renewal Fee | |
| Hoop Mountain | |
| Hi-Five Sports | |
Business Experience Requirements |
|
| Experience | |
| Hoop Mountain | |
| Hi-Five Sports | |
Financing Options |
|
| Franchise Fees | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Start-up Costs | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Equipment | |
| Hoop Mountain} | |
| Hi-Five Sports | |
| Inventory | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Receivables | |
| Hoop Mountain | |
| Hi-Five Sports | |
| Payroll | |
| Hoop Mountain | |
| Hi-Five Sports | |
Training & Support |
|
| Training | |
| Hoop Mountain | |
| Hi-Five Sports | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| Support | |
| Hoop Mountain | |
| Hi-Five Sports | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Hoop Mountain | |
| Hi-Five Sports | Ad Templates Social media SEO Website development Email marketing |
| Operations | |
| Hoop Mountain | |
| Hi-Five Sports | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| Hoop Mountain | |
| Hi-Five Sports | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Hoop Mountain | |
| Hi-Five Sports | |
| International Expansion | |
| Hoop Mountain | |
| Hi-Five Sports | |