GolfTEC vs Parisi Speed School Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Parisi Speed School including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	GolfTEC Franchise	Parisi Speed School Franchise
Investment	$125,345 - $470,445	$9,000 - $183,500
Franchise Fee	$17,500 - $35,000	$2,000 - $6,000
Royalty Fee	5%	$250-$1.4K/mo.
Advertising Fee	-	-
Year Founded	1995	1992
Year Franchised	2003	2005
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	$5K	-
Business Experience Requirements
	GolfTEC Franchise	Parisi Speed School Franchise
Experience	General business experience	-
Financing Options
	GolfTEC Franchise	Parisi Speed School Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	No/Yes
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
	GolfTEC Franchise	Parisi Speed School Franchise
Training	-	Classroom Training: 40 hours
Support	Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing	Co-op advertising, Ad slicks, National media, Regional advertising	Ad Templates National Media Social media SEO Website development
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)	-
Expansion Plans
	GolfTEC Franchise	Parisi Speed School Franchise
US Expansion	-	Yes
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 Parisi Speed School

Parisi Owners enjoy a vast array of benefits from a company with more than 20 years in the youth sports performance business. Parisi's proven business models allow owners to tap into the ever-growing youth market to:

 -Own your market through our protected territory program
 -Begin a youth program with instant credibility that includes an established concept, a reputable brand name, and a nationally recognized professional athlete client list 
 -Utilize proprietary and proven training methodologies that generate safe and effective results

Veteran Incentives  20% off franchise fee

#424 in Franchise 500 for 2020.