Hoop It Up Exclusive Territory for sale - California
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Founded in 1989, Hoop It Up is recognized as the most prolific grassroots basketball tour in the world with millions of participants in city-based events. Hoop It Up is the original basketball series that provides participants with a memorable experience by elevating the game with its focus on fundamentals, speed, style and substance of the 3x3 format. Hoop It Up offers competition for all ages and levels of ability.
Hoop It Up offers territorial licenses to local promoters to operate Events.
A One time Territorial License Fee is payable based on the size of the territory:
New England, Florida, California, New York, Texas $150,000 each
Other states range between $25,000-$100,000.
Events covered under the License include tournaments, leagues, camps or clinics held throughout the year marketed under the “Hoop It Up” brand.
Licensee will also retain the Licensor to manage marketing and operations of the Events with the territory.
Opportunity to partner with NBA teams, municipalities, sports commissions, radio stations, brands as well as colleges to create NIL power events.
Hoop It Up offers territorial licenses to local promoters to operate Events.
A One time Territorial License Fee is payable based on the size of the territory:
New England, Florida, California, New York, Texas $150,000 each
Other states range between $25,000-$100,000.
Events covered under the License include tournaments, leagues, camps or clinics held throughout the year marketed under the “Hoop It Up” brand.
Licensee will also retain the Licensor to manage marketing and operations of the Events with the territory.
Opportunity to partner with NBA teams, municipalities, sports commissions, radio stations, brands as well as colleges to create NIL power events.
About the Business
- Years in Operation
- 37
- Employees
- 2 Contractors
Contractors used for events - Franchise
- This business is an established franchise
- Facilities & Assets
- Equipment available on an event basis.
- Website
- https://www.hoopitup.com/
- Opportunities for Growth
- Partner with NBA teams, sports commissions, indoor sports facilities, municipalities to create Hoop It Up tournaments and clinics. Also opportunity for NIL partnerships. Founded in 1989, Hoop It Up is recognized as the most prolific grassroots basketball tour in the world with millions of participants in city-based events.
About the Sale
- Transition Support
- Training available and turnkey support of operations of events.
Listing Info
- ID
- 2471472
- Listing Views
Listing ID: 2471472 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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