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Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Golf Analytics Fitness 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 | $500,000 |
Franchise Fee | $17,500 - $35,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1995 | 0 |
Year Franchised | 2003 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 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 | -/- |
Start-up Costs | No/No | -/Yes |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - |
International Expansion | Yes | - |
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.
Whether you are a golf club or an individual there are new investment opportunities in golf. Invest in your passion! Golf is a top down sport. What is happening on the PGA and LPGA tours now is what will be happening at your local club in five years. Own a state-of-the-art Golf Center with advanced Golf Technology & Indoor Golf Simulator complete with a High Definition Championship Golf Simulator, the most advanced in the market today and is based on actual pictures of golf courses - the result is spectacular, you feel you're actually looking at the golf course and not a computer simulation. The Golf Simulator also has a module for golf club fitting. Golfers can try various club heads and shafts to find the best fit for them. The business uses the AMM TPI (Titleist Performance Institute) 3D 12-Sensor system and K-Vest to record every move the golfer makes from address through backswing, transition, impact and follow through. A separate system using the tiny AmmSensor is used for biofeedback. The business also uses the SAM PuttLab and the Zelocity Pure Launch monitor both inside and on the range. For more information contact us.