Shoot 360 is a basketball training facility using technology-enhanced shooting, passing, and ball-handling equipment combined with coaching. The franchise supports athletes in skill improvement.
Key Insights
- Shoot 360 emerged from a vision to revolutionize basketball player development, growing from a singular concept into a network of training facilities dedicated to enhancing athletic performance through a structured approach. The franchise provides a consistent training methodology and operational framework.
- The business operates specialized indoor basketball training centers that utilize technology-driven programs and experienced coaching to provide comprehensive skill development. These centers offer individual and group training, catering to players of various skill levels and ages.
- The franchise operates within the sports training and youth athletic development sector, a market experiencing ongoing demand as parents and athletes seek structured programs to improve performance and gain a competitive edge. This industry includes various athletic disciplines focused on skill acquisition and physical conditioning.
Franchise Fee and Costs to Open
Exploring the financial picture of Shoot 360 gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $658,500 - $2,143,000, along with a franchise fee of $60,000 - $60,000.
Financial Performance and Revenue
Training and Resources
Shoot 360 provides comprehensive training for new franchisees. This initial program is two weeks long and takes place at Shoot 360's corporate location. The franchisor offers a robust operational manual, marketing materials, and ongoing support. Resources include access to proprietary software and guidance on facility setup. Shoot 360 recommends building a strong team to facilitate smooth day-to-day operations.
Legal Considerations
Legal considerations for a Shoot 360 franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee may encounter considerations regarding local market saturation with existing sports facilities, requiring distinct marketing strategies to attract and retain customers. The operational complexity of managing specialized equipment and scheduling training sessions presents a learning curve. Dependence on a consistent supply of specific training aids and maintenance parts for technology platforms also warrants attention within the business model.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Shoot 360 franchise?
How can I estimate the profitability and return on investment (ROI) of a Shoot 360 franchise?
What is the franchisee fee for a Shoot 360 franchise?
How to open a Shoot 360 franchise?
How many locations does Shoot 360 have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
