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Updated RecentlyGolfTEC vs Sports Specific Training Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Sports Specific Training 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 | $100,000 - $200,000 |
| Franchise Fee | $17,500 - $35,000 | $50,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1995 | 1997 |
| Year Franchised | 2003 | 2005 |
| 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 | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | You will receive comprehensive training on business operations, sales, marketing and membership management. At SST the training never stops! |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Working with your Franchise Consultant, you will have a one-stop resource for all the phases of your facility. As a franchisee, you have access to ongoing support that helps with your RESULTS! Our team of Franchise Consultants and other corporate staff are continually developing new and exciting ways to support you. Just some of the tools available to you include: � Online operations and marketing manuals. � Training for managers and sales personnel. � Onsite visits to your club and the opportunity to shadow an existing club owner. � Conference calls and webinars. � Branding and Marketing Support |
| 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 | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | 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 Sports Specific Training
SST uses a simple four step approach in fitness and the development of their athletes- strength, speed, nutrition and Functional training. We have found this 4 step model to be very successful and provide results in the fastest time possible. Our athletes get very strong and work the proper energy system during each workout. This is the main thing that every person wants and SST delivers... RESULTS!SST is now franchising Nationally. We have created elite training centers for athletes and adults of all types with a growing base of customers. With our low cost system, consistently providing RESULTS to our customers and franchisees, we have realized that we have a solid business model that both can use to pursue their desired lifestyle. From initial training for all new franchisees and annual franchisee conferences SST is committed to your success.