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Updated RecentlyGolfTEC vs STACK Velocity Sports Performance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GolfTEC vs STACK Velocity Sports Performance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $125,345 - $470,445 | $554,750 - $1,485,000 |
| Franchise Fee | $17,500 - $35,000 | $54,000 |
| Royalty Fee | 5% | 6%+2%marketing fund |
| Advertising Fee | - | - |
| Year Founded | 1995 | 1999 |
| Year Franchised | 2003 | 2002 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $5K | - |
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/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Available at headquarters: 2 weeks
At franchisee's location: 1 week Periodic conferences and sales training |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad creative, direct mail pieces and marketing brochures available through approved third party vendor Partnerships with high profile national sports companies |
| Operations |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (40% of current franchisees are owner/operators) |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 - 15 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 | Yes |
Company Overviews
About GolfTEC
GolfTEC delivers real, significant tee-to-green skill improvement to golfers of all skill and avidity levels. The combination of patented data-capture technology and personal coaching by a PGA Professional provides a repeatable, fact-based approach. Franchise and corporate GolfTEC Improvement Centers nationwide and in Mexico include both standalone and Golfsmith locations.GolfTEC, the largest golf instruction company in the world based upon locations and lessons given, allows golf professionals and passionate investors an opportunity to pursue golf as business owners. With an estimated U.S. capacity for 325 locations, commitments already have been made for 70% of designated markets (September, 2008). The remaining 30% of markets may offer single or multi-location options based upon size, golf avidity, and seasonality. International markets represent ownership options that include Master Franchise designation with an alternate support package and royalty structure.
About STACK Velocity Sports Performance
STACK Velocity Sports Performance was founded in 1999 by world-renowned coach Loren Seagrave and a team of expert coaches to make the most advanced sports performance training from university and professional athletic programs available to the general public. STACK Velocity Sports Performance has training programs designed to improve the athletic ability of all age groups, genders and athletic skill levels.