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Updated RecentlyGolfTEC vs Putting Edge Fun Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Putting Edge Fun Center 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 | $350,000 - $450,000 |
| Franchise Fee | $17,500 - $35,000 | $25,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1995 | 1995 |
| Year Franchised | 2003 | 2007 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | Previous business and management experience are required We need our franchisees to have the right ATTITUDE! If you are outgoing, enthusiastic, positive and willing to do whatever it takes to provide the ultimate guest EXPERIENCE, then you will fit with our corporate culture. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | An intensive 2 week module-based training program facilitated by our Corporate Trainer. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | The Support Center consists of specialists in the areas of Accounting, Operations, Marketing, Information Technology and Human Resources. Many people in our Support Center team have worked at Putting Edge Fun Center locations, and combine a wealth of operational knowledge with their area of expertise. Our user-friendly POS systems track sales data, inventory and labor hours to help you track your business performance. Our Support Center performs weekly, monthly and quarterly analyses on your POS reports in order to provide you with the information you need to run an efficient and profitable business. Our trainers, Support Center and current franchisees are also available to offer ongoing support along the way. |
| 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 | 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 Putting Edge Fun Center
Putting Edge Fun Center is the world's originator and leader of one of the most successful concepts in the entertainment industry. The first Putting Edge opened in 1995 in Brampton, Ontario, Canada and today is the world's largest "Glow-in-the-Dark" Mini Golf with locations across North America. Colourful glow in the dark surroundings and upbeat music add a whole new dimension to the game of miniature golf. All of our team members are ENTERTAINERS! We pride ourselves in always having "a trick up our sleeves": balloon animals, card tricks, trivia, and the list goes on. We interact with our guests while they play at our Fun Centers- whether it's challenging them to play the hole with their eyes closed, or leading the crowd in a rousing rendition of "YMCA". When you leave, you walk away feeling entertained, energized, engaged, exuberant - this is the PUTTING EDGE EXPERIENCE! We also host the BEST birthday parties, camp and church groups, corporate team building events and educational field trips. Our interactive hosts can cater to any group's needs to create a FUN and unforgettable outing. If you are serious about the business of FUN, a Putting Edge franchise may be right for you! We are looking for passionate, creative, business-savvy entrepreneurs who can create the PUTTING EDGE EXPERIENCE for our guests.