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Below is an in-depth analysis and side-by-side comparison of GolfTEC 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 | $125,345 - $470,445 | $980,000 - $30,500,000 |
Franchise Fee | $17,500 - $35,000 | $20,000 - $50,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1995 | 1954 |
Year Franchised | 2003 | 1955 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 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/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
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 |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
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.
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.