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Updated RecentlyGolfTEC vs Sport Specific Training Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Sport Specific Training Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $125,345 - $470,445 | $100,000 - $150,500 |
| Franchise Fee | $17,500 - $35,000 | $50,000 |
| Royalty Fee | 5% | 9% |
| Advertising Fee | - | 1% |
| Year Founded | 1995 | 1997 |
| Year Franchised | 2003 | 2005 |
| Term Of Agreement | 10 years | 20 years |
| Term Of Agreement | 10 years | 20 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | General Business Experience. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | With SST, the training never stops. Initially, we have a mandatory, 90 hour training course at our corporate office in Burlington. Once this is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Please enquire about our 24 Benefit Points. |
| Marketing | Co-op advertising, Ad slicks, National media, 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) | Absentee ownership and owner/ operators are allowed. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
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 Sport Specific Training Inc.
SST's philosophy is simple: A no nonsense approach to training. With this approach our Clients get EXCELLENT RESULTS in the shortest period of time. RESULTS are what our athletes and private clients want.
SST's success is a direct reflection on the fact that all the SST staff members have a genuine interest in every athlete's development including, not only their physical well-being, but also their mental outlook and emotional and social health.
SST centers are new and unique sports training facilities geared toward athletes of every kind. SST was established in 1997 with the specific goal to produce top tier
athletes and to provide a no-nonsense gym environment and atmosphere
where athletes of all ages can excel. In addition our adult programs
have consistantly produced RESULTS for adults motivated by health and
fitness.
We have honed our skills of professional training programs, integrated nutrition management and simple hard work.