GolfTEC vs Global LeaderBoard Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Global LeaderBoard including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
GolfTEC Franchise
Global LeaderBoard Franchise
Investment $125,345 - $470,445$48,000 - $120,000
Franchise Fee $17,500 - $35,000$18,000 - $71,100
Royalty Fee 5%Varies
Advertising Fee --
Year Founded 19951995
Year Franchised 20032001
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee $5K-


Business Experience Requirements
 
GolfTEC Franchise
Global LeaderBoard Franchise
Experience
  • General business experience

  • General business experience
  • Marketing skills
  • Golf knowledge
    		•

    Financing Options
     
    GolfTEC Franchise
    Global LeaderBoard Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    GolfTEC Franchise
    Global LeaderBoard Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Regional advertising
    Operations 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5

    Absentee ownership of franchise is allowed. (40% of current franchisees are owner/operators)

    		 Franchise can be run from home.

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    GolfTEC Franchise
    Global LeaderBoard Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About GolfTEC

    GolfTEC delivers real, significant tee-to-green skill improvement to golfers of all skill and avidity levels. The combination of patented data-capture technology and personal coaching by a PGA Professional provides a repeatable, fact-based approach. Franchise and corporate GolfTEC Improvement Centers nationwide and in Mexico include both standalone and Golfsmith locations.GolfTEC, the largest golf instruction company in the world based upon locations and lessons given, allows golf professionals and passionate investors an opportunity to pursue golf as business owners. With an estimated U.S. capacity for 325 locations, commitments already have been made for 70% of designated markets (September, 2008). The remaining 30% of markets may offer single or multi-location options based upon size, golf avidity, and seasonality. International markets represent ownership options that include Master Franchise designation with an alternate support package and royalty structure.

    About Global LeaderBoard

    LeaderBoard is a golf tournament scoring software company that combines proven marketing techniques in the business of tournament golf.
    Through its dynamic franchise distribution network,  LeaderBoard offers entrepreneurs an incredible business opportunity to provide customers with the very best in golf tournament management. Visit their site for more franchising information and for the specifics on how to buy a franchise.