GolfTEC vs Jin Jung Kwan Hapkido Franchise Comparison

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

Start-Up Costs and Fees

 
GolfTEC Franchise
Jin Jung Kwan Hapkido Franchise
Investment $125,345 - $470,445N/A
Franchise Fee $17,500 - $35,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 1995-
Year Franchised 2003-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements

 
GolfTEC Franchise
Jin Jung Kwan Hapkido Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    GolfTEC Franchise
    Jin Jung Kwan Hapkido Franchise
      In-House/3rd PartyIn-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

     
    GolfTEC Franchise
    Jin Jung Kwan Hapkido Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    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)

    -

    Expansion Plans

     
    GolfTEC Franchise
    Jin Jung Kwan Hapkido Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 Jin Jung Kwan Hapkido

    Martial Arts Instructors who are seeking professional training plus legitimate certification now have the opportunity of becoming a franchise owner. Are you currently a martial arts instructor who is looking for professional, organized backing and support to turn your passion into profits? Jin Jung Kwan Hapkido is proud to announce the opportunity of becoming a franchise owner to all legitimate, motivated, determined, honorable instructors who seek a professional guideline to stand out in the martial arts industry. As the worldwide Vice-President of Jin Jung Kwan Hapkido, Grandmaster Michael Rhoades' goal of standardizing martial arts has come to fruition. Establishing his first school in Warrenton, Missouri in 1994, he has cultivated a system that provides the highest standards to help the potential school owner achieve success. This system truly sets the instructor apart from any competition. With the franchise ownership, you can now take out some of the heartaches and pains of going into business for yourself with support and the many benefits that only come from belonging to a professional organization. What makes Jin Jung Kwan Hapkido-USA different: Opportunity to teach Hapkido plus other Korean martial arts-based programs Continued education and leadership development Association with like-minded professionals will help set you apart in the martial arts industry *Certification recognized worldwide *A comprehensive curriculum *Business management plus marketing *Technical and strategic support *Affiliation with the Leading Authority on Self-Defense This process has proven itself with the success of many school owners nationwide. If you're interested in learning more about this opportunity with Hapkido plus the many benefits of becoming a franchise owner, please contact the World Headquarters at (636) 327-KICK (5425).