Shoot 360 Franchise FDD, Profits & Costs (2025)

Shoot 360, established in 2012 by Craig Moody, is a pioneering basketball training franchise that integrates advanced technology with personalized coaching to revolutionize player development.
Headquartered in Vancouver, Washington, Shoot 360 has expanded its presence across the United States and Europe, with 25 locations as of 2023. The franchise offers an immersive basketball training experience by combining in-person skill development with digital gamification and virtual competition.
Utilizing proprietary technology, Shoot 360 provides real-time analytics on shooting, passing, and ball-handling skills, allowing players to track their progress through a dedicated mobile app. Shoot 360 began franchising in 2019, offering entrepreneurs the opportunity to operate state-of-the-art basketball training facilities.
The franchise’s unique approach, blending cutting-edge technology with hands-on coaching, sets it apart in the sports training industry. This innovative model has garnered recognition, with Shoot 360 earning a place in industry rankings for top franchises and emerging concepts.
Initial Investment
How much does it cost to start a Shoot 360 franchise? It costs on average between $637,000 – $2,210,000 to start a Shoot 360 franchised center.
This includes costs for construction, equipment, technology, and initial operating expenses. The exact amount depends on various factors, including the type of facility you choose, the location, and whether the franchisee opts to lease or purchase the property.
Type of Expenditure | Amount (Low-High Range) |
---|---|
Initial Franchise Fee | $60,000 |
Shoot 360 Package | $390,000 – $955,000 |
Real Estate (Rent and Security Deposits) | $0 – $280,000 |
Equipment, Fixtures, and Leasehold Improvements | $50,000 – $445,000 |
Training Expenses | $5,000 – $11,000 |
Employees | $35,000 – $56,000 |
Inventory to Begin Operating | $2,000 – $10,000 |
Security Deposits, Utility Deposits, Licenses | $0 – $35,000 |
Professional Fees | $5,000 – $50,000 |
Insurance | $2,000 – $7,000 |
Uniforms | $2,000 – $5,000 |
Office Supplies and Equipment | $4,000 – $11,000 |
Promotional Materials | $5,000 – $50,000 |
Security Cameras and Monitoring System | $2,000 – $10,000 |
Additional Funds – Three Months | $75,000 – $225,000 |
Total Estimated Initial Investment | $637,000 – $2,210,000 |
Average Revenue (AUV)
How much revenue can you make with a Shoot 360 franchise? A Shoot 360 franchised business makes on average $588,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $317,000 yearly revenue for similar personal training franchises. Below are a few Shoot 360 competitors as a comparison:
Shoot 360 Franchise Disclosure Document
Frequently Asked Questions
How many Shoot 360 locations are there?
As of the latest data, Shoot 360 has expanded to over 50 locations across the United States and Europe. This growth includes both company-owned and franchise-owned facilities, with a significant number being franchise-operated.
What is the total investment required to open a Shoot 360 franchise?
The total investment required to open a Shoot 360 franchise ranges from $637,000 to $2,210,000.
What are the ongoing fees for a Shoot 360 franchise?
Shoot 360 franchisees pay a monthly royalty fee ranging from $8,000 to $11,600, depending on location and revenue. They are also required to invest in local marketing to support promotional efforts for their facilities.
What are the financial requirements to become a Shoot 360 franchisee?
To qualify as a Shoot 360 franchisee, you should have a minimum net worth between $1,000,000 and $1,500,000, along with at least $500,000 in liquid capital.
These financial prerequisites ensure that franchisees possess the necessary resources to support the initial investment and ongoing operational expenses associated with establishing and running a Shoot 360 facility.
How much can a Shoot 360 franchise owner expect to earn?
The average gross sales for a Shoot 360 franchise are approximately $0.59 million per location. Assuming a 15% operating profit margin, $0.59 million yearly revenue can result in $89,000 EBITDA annually.
Who owns Shoot 360?
Shoot 360 is a privately held company founded by Craig Moody, who serves as President. Terry Michaelson joined as CEO in 2020, bringing extensive leadership experience to the team.
The company has also attracted investment from notable individuals, including professional athletes such as Breanna Stewart, Brittney Griner, Kelsey Plum, and Maurice Harkless.
Disclaimer
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