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Updated RecentlyGolf Etc. vs Parmasters Golf Training Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golf Etc. vs Parmasters Golf Training Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $165,000 | $261,900 - $2,500,000 |
| Franchise Fee | $15,000 | $25,000 |
| Royalty Fee | $.35/sq. ft. | 8% |
| Advertising Fee | - | - |
| Year Founded | 1992 | 2000 |
| Year Franchised | 1995 | 2001 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $6.2K |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Toll-free phone line, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations |
1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Golf Etc.
Golf Etc. of America was founded in 1992 as a national golf consulting and construction company, but changed its focus in 1996 to golf retail shops. Stores provide custom-fitted golf clubs and club repair. Golfers can practice their skills on the stores' practice putting greens and the indoor hitting and driving area. Golf Etc. of America, Inc. is the fastest-growing golf retail franchise in America, with more new store openings since 2006 than any other golf retail franchise. In 2009, Inc. magazine named the company to the 2009 Inc. 5000 list, recognizing Golf Etc. among the fastest-growing private companies in America. Founded in 1992, Golf Etc. provides personal service, performance club fittings, professional repair centers and club and swing evaluations, using the latest technology in hitting bays and launch monitors. Each store also offers the latest selection of pro-line equipment, bags, footwear, balls, gloves, golf-related giftware, men's and women's apparel, accessories, junior clubs, used golf clubs and other golf-related products. Golf Etc. stores are located across the continental U.S., Puerto Rico and Canada. For more information, please visit www.golfetc.com or contact the company at 817.279.7888 or [email protected].
About Parmasters Golf Training Centers
Parmasters was founded in 1999 by Tod Wilcock, Tom Matzen, and Scott Hazledine--all golf enthusiasts. The indoor facilities are designed as practice and training centers, featuring driving bays, putting greens, and sand traps, as well as golf simulators. Centers are climate-controlled and range from 2,000 to 30,000 square feet.