M14Hoops Franchising

Item 11

At all times, we will possess direct access to the Business Management System used by you and we will have access to all information entered into these systems including, including information about your sales and customers.

Franchise agreement

(2) Monthly Financial Statements and Reports – within 30 days of the end of each calendar month Franchisee shall submit to Franchisor monthly financial statements and other reports related to the operations of the Franchised business including, but not limited to, income statement, statement of cash flows, balance…

Item 8

Currently, we are, or our affiliates are, approved suppliers of certain source restricted goods and services identified below.

Item 8

We may designate a supplier (which may include us or our affiliates) as the exclusive supplier for the System.

Item 8

During the fiscal year ended December 31, 2024, we earned $156,978 from franchisees’ required purchases or leases directly from us, which represents approximately 44.7% of our total revenue.

Item 8

We estimate that your purchase of goods and services from suppliers according to our specifications, including your purchase of goods or services from our designated exclusive suppliers, to represent approximately 20% of your total purchases and leases in establishing the Franchised Business and approximately 20% of…

Item 6

M14Hoops Franchising, LLC 8 2025 FDD C Type of Fee Amount Due Date Remarks (Note 1) Testing or Supplier Actual fees, costs, Within 14 days of You must pay us the costs incurred Approval Fee and expenses invoice by us to review and evaluate a potential supplier, product, or service that you submit to us for approval.

Item 8

If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information that we may request.

Franchise agreement

in the event of the termination of this Agreement, for any reason, that the accounts related to all telephone numbers associated with the Franchised Business and all rights in and to the telephone numbers associated with the Franchised Business, shall, at Franchisor’s election, be transferred to Franchisor.

Franchise agreement

Franchisor has the right at any time during business hours, and without prior notice to Franchisee, to inspect Franchisee’s Administrative Office and System Supplies.

Item 11

At all times, we reserve the right to supplement, modify and update the Manuals.

Item 11

Otherwise, you are responsible for selecting a site for your Administrative Office and must obtain our approval of your selected location.

Item 11

You will also be required to utilize those customer reward programs and systems that we designate.

Franchise agreement

If Franchisee’s M14Hoops Business or Operating Territory is located within the geographic area of an Advertising Cooperative, franchisee must participate in and contribute to the Advertising Cooperative.

Item 8

We require that you purchase or lease certain source restricted goods and services for the development and operation of your M14Hoops Business.

Item 8

Source restricted goods and services are goods and services that must meet our specifications and/or must be purchased from an approved or designated supplier.

Item 8

You must use our designated supplier and vendor for credit card processing which may be integrated with the point-of-sale system that we designate.

Item 6

Payment is subject to our specification and instruction, including our election to have all fees automatically drafted from your business bank account or automatically debited or charged to your business bank account.

Item 8

You must use our designated supplier and vendor for the ability to access and use online, point of sale integrated, web based, and/or app based, ordering, customer rewards, and/or gift card systems.

Franchise agreement

The Managing Owner must at all times be actively involved in the operation of the Franchised Business unless Franchisee delegates management functions to an authorized Operating Manager who, among other things, satisfactorily completes Franchisor’s Initial Training program and, otherwise meets the criteria and…

Item 11

For the protection of the System, you must ensure that all employees wear and maintain the proper uniforms with our approved System branded apparel and uniforms including, but not limited to the apparel and uniforms comprising System Supplies.

Item 8

Currently you are required to purchase, license, and utilize a Sports Engine point of sale system with 1 configured hardware terminal.

Item 11

At all times, we will possess direct access to the Business Management System used by you and we will have access to all information entered into these systems including, including information about your sales and customers.

Item 11

You must use the Business Management System that we designate.

Franchise agreement

Franchisor provides instructors and training materials for those programs and seminars, but Franchisor reserves the right to assess Franchisee reasonable charges for such training.

Franchise agreement

Each DBO is required to attend the Annual System Conference during the first year of operations.