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Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Mighty Kicks 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 | $10,200 - $16,200 |
Franchise Fee | $17,500 - $35,000 | $8,700 |
Royalty Fee | 5% | $3000 1st year, then $4500 |
Advertising Fee | - | - |
Year Founded | 1995 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | You receive The Mighty Kicks Operations Manual Age appropriate, Proven Curriculum (with Story Boards and DVDs) Start-up and Marketing Boost (we come to your territory to jump-start your new business) Client Database and Target Market Formation Market Research and Analysis of your Territory Marketing and Research materials, tools, techniques, and assistance Generous Territory that provides ample room for success The on-going Support and Service from Mighty Kicks Franchising Templates for marketing materials, newsletters, waivers, accounting, and more Technical assistance, your own web page, phone number, online registration, and e-mail account Use of our recognized name and marks Intensive and Extensive Training Economies of Scale (bulk purchasing power) Existing relationships with National Clients Assistance from the Team of current franchisees Established online presence with Search Engine Optimization Knowledge, Ability, Tools, and Proven Systems to build a successful business Years of experience, a proven system and business model, training, support and a national brand. Our commitment to the start-up of your franchise provides a strong foundation and crucial momentum. Our successful methods provide the premier introductory soccer program for kids. The age-appropriate Mighty Kicks Curriculum is creative, engaging, fun and extremely effective. |
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 |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.