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Updated RecentlyLas Vegas Golf & Tennis vs Putt-2-Go Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Putt-2-Go including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $537,000 - $774,000 | $50,100 - $80,500 |
| Franchise Fee | $39,000 | $15,000 - $30,000 |
| Royalty Fee | 3% | 5% |
| Advertising Fee | - | 8% Local+2%Nat'l |
| Year Founded | 1974 | - |
| Year Franchised | 1984 | - |
| Term Of Agreement | 15 years | 5 years +5+5+5 |
| Term Of Agreement | 15 years | 5 years +5+5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | Yes/No | -/- |
| Equipment | Yes/Yes | -/- |
| Inventory | Yes/Yes | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/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, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 5 - 8
Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Las Vegas Golf & Tennis
The first Las Vegas Golf & Tennis location was established in Nevada's biggest casino city in 1974 and began franchising in 1984. Stores offer new name-brand products including golf equipment, apparel, shoes and accessories, as well as an exclusive line of Vision Golf equipment.
About Putt-2-Go
Life may not be a party all the time.... BUT WORK CAN BE! Even in a slow economy, 2009 was our best year yet! In 2010, our expected revenue for the first quarter is already over 140% above last year's! With our lowered franchise fee, it's the perfect time for you to get into business and grow as the economy recovers! The increasing popularity of golf has created innumerable opportunities in the business world. Putt-2-Go, the portable miniature golf business now expanding through franchising, is one of those opportunities. We bring a fantastic franchise opportunity to qualified entrepreneurs that includes: Relatively low start-up costs Opportunity to work from home Fun, energizing, and people- oriented career Work in the golf business And more! New course development The advantages of franchising as a pathway to business ownership are numerous�and have not gone unnoticed by smart entrepreneurs. Today, there are more than 760,000 franchised businesses generating $1.5 trillion in annual economic input. Franchising offers the best of both worlds: you own your own business, but also receive guidance from an experienced franchisor. All Putt-2-Go franchise owners receive support that is on par with the top franchisors in the business.