Athlete's Foot vs Las Vegas Golf & Tennis Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Athlete's Foot vs Las Vegas Golf & Tennis including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Athlete's Foot Franchise
Las Vegas Golf & Tennis Franchise
Investment $201,600 - $640,300$537,000 - $774,000
Franchise Fee $35,000$39,000
Royalty Fee 5%3%
Advertising Fee --
Year Founded 19721974
Year Franchised 19731984
Term Of Agreement 10 years15 years
Term Of Agreement 10 years15 years
Renewal Fee --


Business Experience Requirements
 
Athlete's Foot Franchise
Las Vegas Golf & Tennis Franchise
Experience
  • General business experience

  • General business experience
    		•

    Financing Options
     
    Athlete's Foot Franchise
    Las Vegas Golf & Tennis Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesYes/No
    Equipment No/YesYes/Yes
    Inventory No/YesYes/Yes
    Receivables No/YesYes/No
    Payroll No/YesYes/No

    Training & Support
     
    Athlete's Foot Franchise
    Las Vegas Golf & Tennis Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks, Regional advertising
    Operations International franchisees required to buy multiple units/master licenses; 21% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 10

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    Number of employees needed to run franchised unit: 5 - 8

    Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    Athlete's Foot Franchise
    Las Vegas Golf & Tennis Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Athlete's Foot

    Robert and David Lando had a unique vision in 1971--to open a store specializing in athletic footwear. That year they opened the first The Athlete's Foot in Pittsburgh. The first franchise opened in 1972 in Oshkosh, Wisconsin, and the first international location opened in 1978 in Adelaide, Australia. The Athlete's Foot now operates company-owned and franchise locations in more than 40 countries. The company develops stores in malls, shopping districts and as freestanding locations. Each store sells name-brand athletic footwear and apparel. There are also The Athlete's Foot For Her stores, which specialize in athletic footwear and apparel for girls and women.
    The Athlete’s Foot is more than just a retail store; it’s a destination for athletic street style. At The Athlete’s Foot, we want to be known for encouraging our customers to break the rules and explore the unexpected. So we’re transforming into a place with a pulse on the street that offers them the chance to craft their own story through clothing and style.

    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.