About M14Hoops Franchise
M14Hoops is a youth basketball development academy franchise providing basketball instruction and life skills training for children of all ages.
The business can be operated from a home based administrative office, with programs delivered on site at schools, community centers, and commercial facilities within a designated territory, keeping overhead low while reaching a wide range of young athletes.
The franchise fee is $49,500, and M14Hoops has been franchising since 2021 under its parent company, M14 Enterprises, LLC.
M14Hoops Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $49,500 to $284,500 | One-time payment upon signing |
| Royalty Fee | 8% of weekly Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Not currently assessed; up to 1% of Gross Sales | National brand fund |
| Total Investment Range | $104,880 – $195,000 | Includes build-out, inventory, working capital |
The investment range of $105K–$195K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of weekly Gross Sales) and marketing fee (Not currently assessed; up to 1% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $49,500 | $49,500 |
| Travel for Owner’s Initial Training | $500 | $4,000 |
| Travel for New Hire Process | $500 | $2,500 |
| Initial Head Trainer/DBO Training | $37,500 | $37,500 |
| Travel for Head Trainer/DBO Initial Training | $1,500 | $5,000 |
| Initial Marketing | $6,500 | $10,000 |
| Furniture and Fixtures, Equipment, Signage, and Office Supplies | $1,000 | $3,500 |
| Computer and Software System | $2,250 | $4,250 |
| Insurance Deposits – 3 Months | $80 | $250 |
| Professional Fees | $500 | $3,000 |
| Licenses and Permits | $50 | $500 |
| Additional Funds – 3 months | $5,000 | $75,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 plus any third-party commissions |
| Renewal Fee | $10,000 |
| Technology Fee | $500 per year |
| Audit Fee | Cost of audit |
| Website Hosting Fee | $500 per year per Territory |
| Digital Communications Manager Program | $1,000, increasing annually up to $8,000, plus inflation |
| Digital Marketing Program | Not currently assessed; $1,000 per month when created |
| Annual Conference Attendance Fee | $1,000, plus your expenses for salary, travel, and accommodations |
| Additional Employee Initial Training | $5,000 - $15,000 depending on certification level, plus travel and accommodations |
| Supplemental Training Fee | Our then current daily rate per trainer, plus expenses we incur. Current rate is $500 per day |
| DBO Support Fee | Currently not assessed, $1,000 per month |
| Interest | 18% per annum from due date |
| Bookkeeping Fee | Not currently assessed; $50 - $150 per hour |
| Reporting Non-Compliance | $150 per occurrence |
| Operations Non-Compliance | $450 to $1,000 per occurrence |
| Payment Non-Compliance | $150 per occurrence |
| Quality Assurance Audit | Actual costs incurred by us |
| Collections | Actual fees, costs, and expenses |
| NSF Check Fee of Failed Electronic Fund Transfer | $50 per violation |
| Non-compliance | Actual fees, costs, and expenses |
| Legal Fees and Expenses | Costs and expenses |
| Indemnification | The amount of any claims, liability, or loss we incur from your Franchised Business |
| Post-Termination or Post-Expiration Expenses | Costs and expenses |
| Testing or Supplier Approval Fee | Actual fees, costs, and expenses |
| Management Service | 20% of Gross Sales, plus expenses |
| Operations Manual Replacement Fee | $500 |
| Relocation Fee | Costs and Expenses |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Owner/Management Training: 38-64 hours (12 classroom, 26-52 weekly calls). Head Trainer/DBO Training: 130-180 hours (30 classroom, 50 on-the-job, 100-150 on-going personal development/weekly advice). |
| Classroom Training | Owner/Management: 12 hours; Head Trainer/DBO: 30 hours |
| On-the-Job Training | Owner/Management: 0 hours; Head Trainer/DBO: 50 hours |
| Training Location | Aurora, Illinois or Indianapolis, Indiana |
| Additional Training | Yes, additional training for various certification levels (Junior Trainer, Senior Trainer, Private Instruction, Court Leader, Certified Trainer Trainer) is offered, with costs ranging from $0 to $20,000 depending on level and promotion status, plus travel if not local. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive, but franchisor will not open or grant other franchisees rights within the designated Territory, except for Closed Markets. |
| Exclusive Territory | No |
| Territory Size | Up to 300,000 people for a single territory. Multiple territories up to 3,000,000 individuals. Additional population for $0.165 per person. |
| Description | Geographic area determined by population density, demographics, and geographical boundaries, identified by zip code, boundary streets, highways, county lines, designated market area, and/or other recognizable demarcations. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Additional 10-year terms |
| Renewal Fee | $10,000 |
| Renewal Conditions | Must be in compliance with agreement terms, provide 180 days written notice, sign new franchise agreement (which may have materially different terms), sign general release, pay renewal fee, remodel/upgrade business to current standards, and meet other requirements. Owners and spouses must personally guarantee. |
| Transfer Fee | $10,000 plus any third-party commissions |
| Transfer Conditions | Prior written consent from franchisor (not unreasonably withheld), franchisee/owners not in default, transferee meets franchisor's qualifications (good moral character, business experience, financial resources, no competitive business), transferee agrees to be bound by agreement, transferee's owners/spouses personally guarantee, general release signed, assignment of approved location, assets transferred, transferee/managers complete training, franchisor approves price/terms, transferee's employees sign confidentiality. |
| Termination for Cause | Franchisor can terminate for various curable defaults (e.g., failure to pay fees, operational non-compliance, within 10 or 30 days cure period) and non-curable defaults (e.g., bankruptcy, intentional non-compliance, abandonment, misrepresentation, unauthorized transfer, disclosure of confidential info, felony conviction). |
| Non-Compete Period | During term: not engage in competitive business. Post-termination/expiration: 24 months (or 18 months if 24 is unenforceable). |
| Non-Compete Details | During the term, franchisee cannot own >3% in a publicly traded competitive business, operate/manage/fund/perform services for a competitive business, divert customers, or induce customers to other businesses. Post-term, these restrictions apply within the Restricted Territory (Operating Territory + 25-mile radius, or 25-mile radius of Administrative Office if no operating territory, and 25-mile radius of other M14Hoops Businesses). |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Managing Owner (franchisee or managing shareholder/partner if corporate entity) must be personally responsible for the daily management and supervision of the Franchised Business and must have satisfactorily completed initial training and obtained all required licenses/permits. On-premises supervision is recommended, but a manager can be hired if they meet criteria, complete training, and sign a confidentiality agreement. |
| Required Suppliers | Yes, franchisor designates or approves suppliers for products, supplies, equipment, technology systems, and services. |
| Supply Restrictions | Franchisees must purchase System Supplies through the franchisor, its affiliates, or designated approved suppliers. Franchisor or affiliates may be exclusive suppliers. |
| Franchisor Revenue from Suppliers | During the fiscal year ended December 31, 2024, $156,978 was earned from franchisees’ required purchases or leases directly from the franchisor, representing approximately 44.7% of total revenue. Affiliates did not earn any revenue from required franchisee purchases. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any note, lease, or other obligation on your behalf. |
M14Hoops Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
M14Hoops Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
M14Hoops System Growth
M14Hoops currently operates 13 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 1 | 0 | 3 |
| 2023 | 7 | 0 | 10 |
| 2024 | 6 | 0 | 16 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by Metwally CPA PLLC for year ending December 31.
M14Hoops Franchise — FAQ
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