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Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Fitness Source 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 | N/A |
Franchise Fee | $39,000 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 1974 | - |
Year Franchised | 1984 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
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 | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
Fitness Source is Canada's premier source for fitness equipment. Fitness equipment is our specialty; everything from treadmills, stationary bikes and elliptical machines to mats, stability balls, and exercise videos. We also have resources and tools for group fitness classes, personal training, rehabilitation training and everything in between.
With an emphasis on both retail sales and commercial sales and service, Fitness Source has a long-standing tradition of outfitting Canadian fitness professionals and weekend warriors alike.