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Updated RecentlyLas Vegas Golf & Tennis Franchise
Retailer of golf and tennis equipment and related goods and services
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.
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How much does it cost to open a Las Vegas Golf & Tennis Franchise?
The investment required to open a Las Vegas Golf & Tennis Franchise is between $537,000-$774,000. There is an initial franchise fee of $39,000 which grants you the license to run a business under the Las Vegas Golf & Tennis name.
Individual Unit Costs
- Initial Investment:
$537,000-$774,000 - Initial Franchise Fee:
$39,000 - Royalty Fee:
3% - Advertising Fee:
- Term of Agreement:
15 years
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When did Las Vegas Golf & Tennis start Franchising? 1984
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2000 | 26 | 0 | 3 | 7 |
| 1999 | 28 | 0 | 3 | 9 |
| 1998 | 29 | 0 | 2 | 9 |
| 1997 | 27 | 5 | 1 | 6 |
| 1996 | 38 | 8 | 1 | 5 |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | Yes | No |
| Equipment | Yes | Yes |
| Inventory | Yes | Yes |
| Accounts Receivable | Yes | No |
| Payroll | Yes | No |
Third Party Financing Source(s): various sources
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
Number of employees needed to run franchised unit: 5 - 8
Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)
Business Experience:
Your income potential as a Las Vegas Golf & Tennis Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
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Legal Disclaimer: This information is not a franchise offering for Las Vegas Golf & Tennis and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Las Vegas Golf & Tennis franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Las Vegas Golf & Tennis
Las Vegas Golf & Tennis Inc.
780 Brookline Trace
Alpharetta,
GA
30022