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Below is an in-depth analysis and side-by-side comparison of Golf Etc. vs Putt-Putt Golf & Games 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 | $980,000 - $30,500,000 |
Franchise Fee | $15,000 | $20,000 - $50,000 |
Royalty Fee | $.35/sq. ft. | 5% |
Advertising Fee | - | 1% |
Year Founded | 1992 | 1954 |
Year Franchised | 1995 | 1955 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 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 | 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 | - |
Marketing | Ad slicks | - |
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) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
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].
Founded in 1954 in Fayetteville, NC Putt-Putt® cost only 25¢ per round! As the world’s first and only copyrighted and branded miniature golf game, all courses were built to exact standards to create a game enjoyed by children and adults alike. Putt-Putt pioneered the use of high quality outdoor carpet and aluminum bump boards and unique obstacles for a consistent roll and bounce. Our skill-based game gave rise to the Professional Putters Association (PPA) that still exists today and has awarded over $8 million in prize money to some of the best putters in the world. All tournaments are played on Putt-Putt copyrighted courses.
Putt-Putt began franchising in the 1950’s and quickly spread across the country and became a brand synonymous with its mission: A safe, clean, affordable entertainment venue for families within their own communities. As the company grew, other attractions were tested and added to expand the original franchise model of two or three Putt-Putt Golf courses into a complete family entertainment center.