SHOOT 360

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.

40
Locations
$659K–$2143K
Investment
Since 2019
Franchising
ServicesVancouver, WAShoot 360 Inc.www.Shoot360.comDisclaimer

Franchise Costs


Franchise Fee
$60,000
Item 5 of FDD
Initial Investment Range
$658,500 $2,143,000
Low: $658,500High: $2,143,000
Item 7 of FDD
Royalty Rate
12.00%
of gross sales
Brand Fund
0.00%
Item 6 of FDD
Fixed Monthly Fees
$500 – $500
Item 6 of FDD

12% royalty + $500/mo gym management applications fee. Brand development fund up to 2% of gross revenue not yet required.

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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


Key Insights

  • Higher investment than 87% of Fitness Studios franchises
  • Higher than average SBA loan default rate in Fitness Studios
FranchiseInvestmentFeeRoyaltyLocations
SHOOT 360
Current
$659K – $2.1M$60K12.0%40
Planet Fitness$1.5M – $5.2M$20K7.0%2,298
ANYTIME FITNESS$459K – $908K$43KN/A2,290
F45 Training$349K – $786K$60K7.0%751
Pure Barre$314K – $629K$60K7.0%617
HOTWORX$259K – $878K$20KN/A578
Fitness Studios Average
55 franchises
$425K – $1.0M$47K6.9%

* 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

Top States
1CA
7
2TX
4
3WA
3
4AL
2
5UT
2
6TN
2
7ND
2
8KY
1
9LA
1
10MI
1
11MN
1
12MO
1
13NC
1
14NE
1
15NV
1

+10 more states

SBA Loan History


Historical SBA 7(a) loan data for SHOOT 360 franchisees (20202025)

Total Loans
22
Average Loan
$662,118
Total Volume
$14.6M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


61 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

61 Contacts Available

Unlock all SHOOT 360 franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
3
Sold to Franchisees
0
Projected New
11

Frequently Asked Questions


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.

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