| ||||
Updated RecentlyLas Vegas Golf & Tennis vs Destination Athlete Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Destination Athlete including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $537,000 - $774,000 | $28,300 - $93,610 |
| Franchise Fee | $39,000 | $20,000 - $50,000 |
| Royalty Fee | 3% | 5%-8% |
| Advertising Fee | - | 2% |
| Year Founded | 1974 | 2008 |
| Year Franchised | 1984 | 2008 |
| 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 | Yes/Yes |
| Start-up Costs | Yes/No | -/Yes |
| Equipment | Yes/Yes | -/Yes |
| Inventory | Yes/Yes | -/Yes |
| Receivables | Yes/No | -/Yes |
| Payroll | Yes/No | -/Yes |
Training & Support |
||
| Training | - | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls |
| 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, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
| 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 Destination Athlete
Destination Athlete™ is an innovative company that focuses on the "complete athlete," offering products and services from "training to trophies."
We aspire to create legendary customer experiences in all meaningful sports communities in the Nation. Destination Athlete™ franchisees embody the passion and commitment to help youth and high school athletes get to their destination through our comprehensive tools and our proven system.
Contact us today to learn how a home based franchise career in sports could be rewarding to countless athletes, your community and of course to you.
Veteran Incentives 15% off franchise fee
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#59 in Gator's Top franchises.
#282 in Franchise 500 for 2020.
#211 in Franchise 500 for 2021.