GolfTEC vs CKO Kickboxing Franchise Comparison

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

Start-Up Costs and Fees
 
GolfTEC Franchise
CKO Kickboxing Franchise
Investment $125,345 - $470,445$125,012 - $251,862
Franchise Fee $17,500 - $35,000$35,000
Royalty Fee 5%7%
Advertising Fee -1%
Year Founded 19951997
Year Franchised 20032007
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
GolfTEC Franchise
CKO Kickboxing Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    GolfTEC Franchise
    CKO Kickboxing Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    GolfTEC Franchise
    CKO Kickboxing Franchise
    Training - On-The-Job Training: 33 hours Classroom Training: 35 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd Templates 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)

    		-

    Expansion Plans
     
    GolfTEC Franchise
    CKO Kickboxing Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 CKO Kickboxing

    CKO's membership-based financial model is driven by recurring income. This business model has the ability to create consistent revenue streams. Fitness kickboxing is rated as the number one calorie burning exercise by Health and Fitness magazine, burning up to 1000 calories an hour - nothing else comes close! 
    CKO Kickboxing uses REAL heavy bags for REAL results - By incorporating real heavy bags into the CKO workout, we ensure that members are working their muscles as well as burning a lot of calories through an intensive cardio workout. 
    CKO Kickboxing has a very high retention rate - Our members have historically remained very loyal and one of our best marketing tools is member referral. 
    CKO Kickboxing emphasizes quality workouts - The CKO workout produces results without having to resort to expensive machinery.
    CKO Kickboxing classes are very time efficient and very effective - The workout is easily adapted to a class size of 3 people or 75, without generating extra expenses. A winning formula of results and fun keeps members coming back and bringing their friends in droves.
     The low capital expenditure combined with a low acquisition cost per client and high revenue per square foot results in fast growth and sustained profitability.
    CKO supports new franchise owners in many ways, including:
     *Brand Recognition - CKO appeared in Entrepreneur Magazine, Fox Business News, NBC Today Show.
     *Low Overhead - Location size determined by your market needs.
     *Two-Part Training - Business training and fitness instructor training.
     *Equipment - Top-of-the-line equipment vendors, with national pricing.
     *Profit Centers - Membership, personal training and retail product line.
     *Marketing Support - Grand opening media blitz and monthly advertising campaigns.
     *Software - Web-based management system.
     *Site Selection - Assistance with lease negotiations, term and concessions.
     *Protected Territories - Area developments awarded in qualified markets/candidates.
     *Ongoing Support - We are involved throughout your development.