|
Below is an in-depth analysis and side-by-side comparison of Golf Etc. vs Nevada Bob's Golf including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $165,000 | $300,000 - $722,000 |
Franchise Fee | $15,000 | $50,000 |
Royalty Fee | $.35/sq. ft. | 2% |
Advertising Fee | - | 2% |
Year Founded | 1992 | 1974 |
Year Franchised | 1995 | 1974 |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | Calgary, AB Min 5 Days |
Support | Newsletter, Toll-free phone line, Field operations/evaluations | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
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) | Average Number of Employees: 2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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].
In today's business environment, Golf as with most industries is a very competitive one. As an independent business person, it is critical to be aligned with a group that offers you: * Immediate recognition within the industry * Resources to draw on and to provide you with assistance in all facets of the golf retail business * Leverage that comes with being part of a group highly regarded in the Golf industry As a Nevada Bob's Franchise you will receive training and ongoing support in all aspects of the Store Operations, Purchasing and Marketing. The Nevada Bob's support team will provide: * Pre-opening training * On site support for the store opening * Ongoing programs and initiatives * Annual Franchise meeting The relationship between the support office team and you and your store staff is critical. We'll ensure that there is constant and effective communication with you to maximize the success of your store. We look forward to working with you!