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Sunday
May302010

Hoop Mountain Franchise

Basketball camp

Today 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 oversees, 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.

Start-up Costs & Franchises Fees

What is the total cost to open a Hoop Mountain Franchises?

Total Cost: $40,000 USD -$50,000 USD
Total Franchise Fees: $40,000 USD
Ongoing Royalty Fees:
Ongoing Advertising Fees:

Contact Information for Hoop Mountain

Hoop Mountain
100 Cummings Center
Beverly, MA
01915

Phone Number: 978-922-3342

Franchise Homepage:

Hoop Mountain In the Press

No results at this time.

Historical Expansion

In what year did Hoop Mountain begin operations? Not Available
When did Hoop Mountain begin selling franchises? Not Available

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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