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Updated RecentlyParmasters Golf Training Centers vs X-Golf Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs X-Golf 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 | $547,200 - $900,000 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 8% | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2000 | 2005 |
| Year Franchised | 2001 | 2015 |
| 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 | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 40 hours Classroom Training: 20 hours Additional Training: On-site training |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Number of Employees Required to Run: 6 |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 X-Golf
X-Golf’s state of the art simulators each have their own view screens designed with a real world perspective for the ultimate golf simulator experience. Each simulator has an automatic ball feeder, a high performance 35 graphics/physics engine, precision sensor system, and sophisticated swing analysis. On X-Golf simulators, customers will have the ability to play over 150 world famous golf courses. Whether the customer wants to shoot a round or compete with other golfers, the simulator is able to adapt and offer the versatility to account for local tastes and trends of golfers.
Beyond that, the atmosphere is similar to a bowling alley. There is socializing and consumption of alcohol to help create a vibrant atmosphere that allows customers to have fun on and off the tee.
There are approximately 25,000,000 golfers in the U.S. and parents continue to introduce their kids to the game at a young age. As these digital age customers continue to grow, we believe that the demand for the X-Golf model will become more and more valuable in any given market. This demand will fuel continued growth for each franchisee and place us at the forefront of pleasing these new golfers entering the game. These golfers want a faster paced game with larger flexibility on time, location, weather, accessibility, etc. and X-Golf is a viable solution.
Seeking new franchise units throughout the U.S., Australia/New Zealand and Canada