Shoot 360
Entertainment & Recreation · Sports & Recreation
- Active units
- 40
- Royalty
- 12.0%
Franchised, year-end 2024
of weekly Net Sales
About Shoot 360
Shoot 360 is a brand that is revolutionizing basketball training and competition through technology and innovation. Founded by Craig Moody, a passionate basketball coach and parent, Shoot 360 aims to help players of all levels improve their skills and elevate their game. With a focus on creating an immersive and imaginative experience, Shoot 360 combines basketball training, technology, and video gaming to deliver the ultimate basketball training and competition experience. Through the use of powerful training tools and performance metrics, Shoot 360 provides instant feedback and real-time virtual training and competition. It is no longer just a concept, but a reality. The brand's dedication to pushing the boundaries of technology and innovation in basketball is evident in their continuous progress and development. Shoot 360 has garnered the praise and support of basketball professionals, including NBA veterans Casey Jacobsen and Lou Amundson, as well as University of Washington's Andrew Andrews. Members and parents also speak highly of their experience with Shoot 360, citing the valuable training and growth opportunities it provides. With Shoot 360, the future of basketball training and competition is here, offering an unparalleled experience for players all over the world.
Key terms
- Franchise fee
$60k
- Discretionary reduction
We may reduce the Initial Franchise Fee by $5,000-$10,000 in certain situations.
- Existing franchisee incentive
We may award existing franchisees who have excelled a reduction or waiver to obtain additional Franchise Agreements.
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Area Development Agreement - Development Fee
$0
- Veteran discount
10.0% off franchise fee — 10% discount off the Initial Franchise Fee to purchasers who are U.S. military Veterans; not applicable to Area Development Agreements or fees under them.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations50
Franchised units open at year-end
- New openings10
Gross new units opened during the calendar year
- 1-year unit growth rate25.0%
Net unit growth versus prior year
- 3-year unit CAGR29.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio10.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.4M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open14 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate12.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 60 of 62 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.