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Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Amazing Athletes 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 | $30,700 - $61,650 |
Franchise Fee | $17,500 - $35,000 | $25,000 - $35,000 |
Royalty Fee | 5% | 8% |
Advertising Fee | - | $150/mo. |
Year Founded | 1995 | 2003 |
Year Franchised | 2003 | 2006 |
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 | Yes/Yes |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | A very important benefit of our Franchise Package is our exceptional Training Program. That's why Amazing Athletes, Inc. offers a comprehensive training program to our franchisees. Included in the program are both classroom and hands-on training in valuable areas such as: teaching methods, promotional activities, customer service, administrative duties, as well as problem solving. On-The-Job Training: 13 hours Classroom Training: 23 hours Additional Training: Monthly conference calls |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | To help insure the success and growth of your operation, Amazing Athletes, Inc. will provide assistance, and in some cases, have final approval on the following: * Site selection research and selection of units * Accounting systems * Advertising and promotions * On-going advertising |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Regional Advertising Social media SEO Website development Email marketing |
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) | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | 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.
When you open your Amazing Athletes franchise, you will have a streamlined, organized business operation. In addition to our Field Coordinators who will provide Amazing Athletes Franchisees hands-on guidance during the preparation phase, we offer the following benefits:
* Long-term franchise contract up to twenty (20) years
* On-going guidance by an Amazing Athletes Director
* Operations Manual
* Accounting/reporting systems
We are looking for Individuals who are:
* Business-minded
* Marketing oriented
* Adequately financed
* Possess a strong desire and ambition to succeed
* Outgoing in nature and who enjoy working with children and people