FranchiseVerdict
M14Hoops logo
FV-01532·MODERATEExcellent91

M14Hoops

Education - Children's ProgramsFranchising since 2021Website
Investment
$97K – $128K
37th pct Children's Pr…
Avg revenue
$518K
38th pct Children's Pr…
Royalty
8.0%
56th pct Children's Pr…
Units
10
36th pct Children's Pr…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $97K – $128K including a $50K franchise fee, 8.0% ongoing royalty.
  • Average unit revenue of $518K/year. Estimated payback in 0.9 years.
  • Rated MODERATE with a risk score of 60/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
M14Hoops Franchising LLC
Parent company
M14 Enterprises, LLC
Incorporated in
Illinois
HQ
2414 Church Road, Aurora, Illinois 60502
Auditor
Metwally CPA PLLC
Audited financials
Franchisor revenue
$39K
vs $346K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one M14Hoops unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $518,495
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $97K–$128K
Working capital
$
FDD reports $15K–$25K

Unlevered ROIC · per unit

55%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$73K
EBITDA margin
14.0%
Total invested
$132K
Payback
22 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 M14Hoops units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$726K

on $3.6M purchase

Total debt

$2.9M

SBA $1.8M + senior + seller note

Overview

About

M14Hoops franchisees operate indoor basketball facilities or courts (likely youth/adult recreational league play). Day-to-day operations include facility maintenance, scheduling games/leagues, customer service, coaching/instruction, and managing membership or pay-per-play revenue streams.

CEO
Matt Miller
Founded
2021
FDD year
2024
States available
7

Item 7 · what it costs

The Vitals

Total investment
$97K – $128K
All-in to open one unit
Liquid capital
$15K – $25K
Cash you must have on hand
Franchise fee
$50K
Royalty
8.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical
Payback period
0.9 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$518K
Per unit, per year
Median gross sales
Item 19 type
Actual
Sample size
3 units
vs category median 16 · small
Range (low → high)
$131K$975K
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank38th
vs Education - Children's Programs peers
Investment cost rank37th
Lower investment ranks lower (better)
Royalty rate rank56th
Lower royalty = lower percentile (better)
Unit count rank36th
vs Education - Children's Programs peers
Risk score rank46th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
10
Opened
6
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
3
Corporate units in the system
% franchised
70%
vs corporate-owned
Net growth (yr3)
Outlier (see FDD)
Likely small-sample artifact
2022
7+6
Franchised units
2023
1
Franchised units
2024
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 12 · 7 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

7

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
4
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

60
Risk · 0-100
MODERATE60 / 100

Early-stage, hyper-growth franchise with undisclosed financial performance data, questionable franchisor stability, and aggressive fee structure creates significant validation risk despite protected territory.

Score breakdown · what drove the 60 / 100 rating

  1. 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot verify if average revenue/net income figures are typical or cherry-picked
  2. 02MINORExtreme unit growth (600% YoY) suggests either rapid expansion or very small base (likely only ~1-2 units existed 12 months ago) — sustainability unclear
  3. 03HIGHGoing Concern status is FALSE — indicates franchisor may be operating without established financial stability or operational track record
  4. 04MINORHigh franchise fee ($49,500) relative to 10-unit system size raises questions about franchisor's business model and revenue dependency
  5. 05MINOR8% royalty on gross (not net) sales is aggressive and leaves little margin for error on $121k average net income across $518k revenue

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Illinois

Item 11

Training & Operations

Classroom training
168 hrs
On-the-job training
50 hrs
POS system
Sports Engine
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

1 numbers

Locked
(213) 576-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

M14Hoops · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above