GolfTEC vs Shoot 360 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Shoot 360 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
GolfTEC Franchise
Shoot 360 Franchise
Investment $125,345 - $470,445$93,500 - $908,500
Franchise Fee $17,500 - $35,000$3,500 - $8,500
Royalty Fee 5%-
Advertising Fee --
Year Founded 19952019
Year Franchised 20032019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
GolfTEC Franchise
Shoot 360 Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    GolfTEC Franchise
    Shoot 360 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
    Shoot 360 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
    Shoot 360 Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 Shoot 360

    "Shoot

    Shoot 360 is shaping the future of basketball development through interactive technology that allows our athletes to train, track, and compete like never before.
    The estimated initial investment required for this franchise ranges from $93,500 to $908,500. This includes a Software Set-Up Fee of $3,500 to $8,500 which is paid to the franchisor. It also includes with the price you pay to approved suppliers to deliver to you a completely furnished and equipped Shoot 360 training facility ready for installation at your site. The Shoot 360 Package price is typically $90,000 to $900,000.