SHOOT 360
Shoot 360 franchises operate basketball training facilities under the Shoot 360 brand, utilizing proprietary equipment and software for shooting, passing, and ball handling training that provides real-time metrics and personalized workout programs. The business model includes single-unit franchises and area development rights, requiring franchisees to follow strict system standards for operations, memberships, classes, camps, clinics, and leagues. The target market is individual basketball players, particularly youth and aspiring athletes, seeking skill development in a fun, gamified environment.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
12% royalty + $500/mo gym management applications fee. Brand development fund up to 2% of gross revenue not yet required.
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 28 franchised gyms operated for the entire 12-month period ended October 31, 2024
* Gross revenue metrics were calculated based on the 'Training Units of Measured Gyms', 'Monthly Membership Level Per Training Unit', 'Membership Revenue Per Member Per Month', and 'Non-Membership Revenue (Expressed as a Percentage of Membership Revenue)' from the Item 19 table. Average monthly members per gym were estimated by multiplying average training units (6) by average monthly membership level per training unit (47). This product (282) was then multiplied by average membership revenue per member per month ($126) to get average monthly membership revenue per gym ($35,532). This was annualized (x 12) to $426,384. Non-membership revenue was added as 15% of membership revenue ($63,957.6) for a total average annual gross revenue of $490,341.6. Similar calculations were performed for median, high, and low values using the respective figures from the table, with 'High' and 'Low' values serving as proxies for top and bottom quartile revenues.
Extracted Item 19 Section
How SHOOT 360 Compares to Other Fitness Studios Franchises
Key Insights
- Higher investment than 87% of Fitness Studios franchises
- Higher than average SBA loan default rate in Fitness Studios
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
SHOOT 360 Current | $659K - $2.1M | $60K | 12.0% | 40 |
| Planet Fitness | $1.5M - $5.2M | $20K | 7.0% | 2,298 |
| ANYTIME FITNESS | $459K - $908K | $43K | N/A | 2,290 |
| F45 Training | $349K - $786K | $60K | 7.0% | 751 |
| Pure Barre | $314K - $629K | $60K | 7.0% | 617 |
| HOTWORX | $259K - $878K | $20K | N/A | 578 |
Fitness Studios Average 55 franchises | $425K - $1.0M | $47K | 6.9% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+10 more states
SBA Loan History
Historical SBA 7(a) loan data for SHOOT 360 franchisees (2020 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a SHOOT 360 franchise?
The total initial investment to open a SHOOT 360 franchise ranges from $658,500 to $2,143,000. This includes a franchise fee of $60,000. Ongoing royalty fees are 12.0% of gross sales.
How much revenue does a SHOOT 360 franchise make?
According to the 2025 FDD, the average gross revenue for a SHOOT 360 franchise is $490,341.6. The median revenue is $444,709.44.
How many SHOOT 360 franchise locations are there?
As of the 2025 FDD, SHOOT 360 has 40 franchise locations. The company has been franchising since 2019.
Can you get an SBA loan for a SHOOT 360 franchise?
Yes, SBA loans are available for SHOOT 360 franchises. Historical data shows 22 SBA 7(a) loans have been approved for SHOOT 360 franchisees, with an average loan amount of $662,118. The historical default rate is 0.0%.
Is SHOOT 360 a good franchise to buy?
SHOOT 360 shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in SHOOT 360?
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