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Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Body Balance for Performance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $261,900 - $2,500,000 | $80,025 - $202,375 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 2000 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $6.2K | - |
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/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
Body Balance for Performance specializes in exercises and training to help improve the golf skills of its customers. Catering to a highly niche market, Body Balance for Performance offers training courses and advice to customers who are seeking to improve their scores or simply better enjoy their game of golf. The franchise is expanding as the game of golf is also gaining popularity both in the United States and abroad while becoming more competitive. Body Balance for Performance offers customers with classes to improve their posture; increase their shot distance and to more actively pursue their golfing ambitions.