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Updated RecentlyGolf Etc. vs Las Vegas Golf & Tennis Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golf Etc. vs Las Vegas Golf & Tennis including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $165,000 | $537,000 - $774,000 |
| Franchise Fee | $15,000 | $39,000 |
| Royalty Fee | $.35/sq. ft. | 3% |
| Advertising Fee | - | - |
| Year Founded | 1992 | 1974 |
| Year Franchised | 1995 | 1984 |
| Term Of Agreement | 10 years | 15 years |
| Term Of Agreement | 10 years | 15 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/No |
| Start-up Costs | No/No | Yes/No |
| Equipment | No/No | Yes/Yes |
| Inventory | No/No | Yes/Yes |
| Receivables | No/No | Yes/No |
| Payroll | No/No | Yes/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Toll-free phone line, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks | Co-op advertising, Ad slicks, Regional advertising |
| Operations |
1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Number of employees needed to run franchised unit: 5 - 8
Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Golf Etc.
Golf Etc. of America was founded in 1992 as a national golf consulting and construction company, but changed its focus in 1996 to golf retail shops. Stores provide custom-fitted golf clubs and club repair. Golfers can practice their skills on the stores' practice putting greens and the indoor hitting and driving area. Golf Etc. of America, Inc. is the fastest-growing golf retail franchise in America, with more new store openings since 2006 than any other golf retail franchise. In 2009, Inc. magazine named the company to the 2009 Inc. 5000 list, recognizing Golf Etc. among the fastest-growing private companies in America. Founded in 1992, Golf Etc. provides personal service, performance club fittings, professional repair centers and club and swing evaluations, using the latest technology in hitting bays and launch monitors. Each store also offers the latest selection of pro-line equipment, bags, footwear, balls, gloves, golf-related giftware, men's and women's apparel, accessories, junior clubs, used golf clubs and other golf-related products. Golf Etc. stores are located across the continental U.S., Puerto Rico and Canada. For more information, please visit www.golfetc.com or contact the company at 817.279.7888 or [email protected].
About Las Vegas Golf & Tennis
The first Las Vegas Golf & Tennis location was established in Nevada's biggest casino city in 1974 and began franchising in 1984. Stores offer new name-brand products including golf equipment, apparel, shoes and accessories, as well as an exclusive line of Vision Golf equipment.