| ||||
Updated RecentlyLas Vegas Golf & Tennis vs Kindergolf Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Kindergolf including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $537,000 - $774,000 | $50,000 |
| Franchise Fee | $39,000 | $50,000 |
| Royalty Fee | 3% | 8% |
| Advertising Fee | - | - |
| Year Founded | 1974 | - |
| Year Franchised | 1984 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | 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 Kindergolf
Started in Year 2000, KinderGolf is a
well-established international golf academy that specializes in
imparting golf, mental and life skills to children ages 2 - 7 years old.
With KinderGolf, you own more than a business. You own the future of golf.KinderGolf is an unique golf academy with proven strong business market growth.
We are looking for long-term business partners who must be passionate about children golf instruction and committed to grow a premium preschooler education business in new markets as part of the KinderGolf Family.
As a KinderGolf Franchisee, you will benefit from a quality world-class brand, a proven business system, training and ongoing support, thus allowing your KinderGolf school to offer our proven programs and service quality in the shortest possible time. We will assist you from strategic planning to onsite support for business startup, marketing, purchasing, business support, human resource and training.