Parmasters Golf Training Centers vs Parisi Speed School Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Parisi Speed School including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Parmasters Golf Training Centers Franchise
Parisi Speed School Franchise
Investment $261,900 - $2,500,000$9,000 - $183,500
Franchise Fee $25,000$2,000 - $6,000
Royalty Fee 8%$250-$1.4K/mo.
Advertising Fee --
Year Founded 20001992
Year Franchised 20012005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $6.2K-


Business Experience Requirements

 
Parmasters Golf Training Centers Franchise
Parisi Speed School Franchise
Experience
  • General business experience
  • Marketing skills
  • Must have a passion for golf
  • -

    Financing Options

     
    Parmasters Golf Training Centers Franchise
    Parisi Speed School Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Parmasters Golf Training Centers Franchise
    Parisi Speed School Franchise
    Training - Classroom Training: 40 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd Templates National Media Social media SEO Website development
    Operations 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

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

    -

    Expansion Plans

     
    Parmasters Golf Training Centers Franchise
    Parisi Speed School Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Parmasters Golf Training Centers

    Parmasters was founded in 1999 by Tod Wilcock, Tom Matzen, and Scott Hazledine--all golf enthusiasts. The indoor facilities are designed as practice and training centers, featuring driving bays, putting greens, and sand traps, as well as golf simulators. Centers are climate-controlled and range from 2,000 to 30,000 square feet.

    About Parisi Speed School

    Parisi Owners enjoy a vast array of benefits from a company with more than 20 years in the youth sports performance business. Parisi's proven business models allow owners to tap into the ever-growing youth market to:

     -Own your market through our protected territory program
     -Begin a youth program with instant credibility that includes an established concept, a reputable brand name, and a nationally recognized professional athlete client list 
     -Utilize proprietary and proven training methodologies that generate safe and effective results

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #424 in Franchise 500 for 2020.