GolfTEC vs Putt-2-Go Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Putt-2-Go including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
GolfTEC Franchise
Putt-2-Go Franchise
Investment $125,345 - $470,445$50,100 - $80,500
Franchise Fee $17,500 - $35,000$15,000 - $30,000
Royalty Fee 5%5%
Advertising Fee -8% Local+2%Nat'l
Year Founded 1995-
Year Franchised 2003-
Term Of Agreement 10 years5 years +5+5+5
Term Of Agreement 10 years5 years +5+5+5
Renewal Fee $5K-


Business Experience Requirements
 
GolfTEC Franchise
Putt-2-Go Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    GolfTEC Franchise
    Putt-2-Go Franchise
      In-House/3rd PartyIn-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
     
    GolfTEC Franchise
    Putt-2-Go Franchise
    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
     
    GolfTEC Franchise
    Putt-2-Go Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 Putt-2-Go

    Life may not be a party all the time.... BUT WORK CAN BE! Even in a slow economy, 2009 was our best year yet! In 2010, our expected revenue for the first quarter is already over 140% above last year's! With our lowered franchise fee, it's the perfect time for you to get into business and grow as the economy recovers! The increasing popularity of golf has created innumerable opportunities in the business world. Putt-2-Go, the portable miniature golf business now expanding through franchising, is one of those opportunities. We bring a fantastic franchise opportunity to qualified entrepreneurs that includes: Relatively low start-up costs Opportunity to work from home Fun, energizing, and people- oriented career Work in the golf business And more! New course development The advantages of franchising as a pathway to business ownership are numerous�and have not gone unnoticed by smart entrepreneurs. Today, there are more than 760,000 franchised businesses generating $1.5 trillion in annual economic input. Franchising offers the best of both worlds: you own your own business, but also receive guidance from an experienced franchisor. All Putt-2-Go franchise owners receive support that is on par with the top franchisors in the business.