GolfTEC vs iLoveKickboxing Franchise Comparison

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

Start-Up Costs and Fees

 
GolfTEC Franchise
iLoveKickboxing Franchise
Investment $125,345 - $470,445$214,944 - $559,494
Franchise Fee $17,500 - $35,000$49,999 - $100,000
Royalty Fee 5%6%
Advertising Fee -1%
Year Founded 19952009
Year Franchised 20032012
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee $5K-


Business Experience Requirements

 
GolfTEC Franchise
iLoveKickboxing Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    GolfTEC Franchise
    iLoveKickboxing 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-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    GolfTEC Franchise
    iLoveKickboxing Franchise
    Training -

    Your live training at our headquarters in Long Island, NY literally covers everything: hiring the perfect staff, creating an amazing atmosphere for your kickboxing members, how to make sales presentations feel more like natural conversations, customer retention, construction and layout challenges and how to overcome them, and a lot more. Hired a couple of new instructors and want to quickly get them up to speed? Or maybe you want your current instructors to "freshen" up on their skills? Twice a year we hold complimentary training for all of our franchisees' staff members. For new staff, we'll train them from the bottom up to be the most passionate, knowledgable instructors that they possibly can be. For "veteran" staff, we'll brush up on their kickboxing technique, their customer-relation skills, sales skills and more. Classroom Training: 42 hours

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives

    Our headquarters are open to you for questions and guidance Monday - Friday, 10am - 6pm EST. If you have an urgent situation and need attention ASAP, we've got you covered too. There's a special line you can reach. When you call, you'll be treated with courtesy, respect and consideration. The last thing you'll feel is "brushed aside." We'll spend however much time you need to get the question or challenge you're facing sorted out. And of course we're available via email too for those quick questions you have that can be answered in a few sentences. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software

    Marketing Co-op advertising, Ad slicks, National media, Regional advertising

    1)From top to bottom we've crafted a website that's proven to convert visitors into qualified leads. Your location will receive such a site, customized for your area. And because the site gets visitors to enroll on a paid trial membership - you know only extremely qualified leads are coming through your doors. Most fitness centers offer free trials. This produces leads that waste your time, without ever intending to buy from you. However, a lead that pays for a trial is very serious about fitness and weight loss, and willing to pay for it. 2) Your website offers prospects access to the web special in exchange for their name and email address. Sometimes, people don't purchase the trial membership right then and there. When this happens, they'll automatically roll over to our Done-for-You Email Marketing program that sends them a mixture of valuable fitness content, and sales messages, to convert them to your customer down the road. Of course you don't lift a finger through all of this. We take care of it for you. 3)In your in-person training, as well as in your operations manual, you'll see exactly how to use these Social Media outlets to build your business - without being salesy, pitchy, or a nuisance to the community (many businesses spam these outlets with their sales messages - which just pushes away prospects). In fact, when following our proven plan, it's actually a lot of fun and very rewarding to interact with the community through these channels. In addition, we run the nationwide Facebook Fan Page & blog which gets traffic from all over the country, and directs it to each location's website. 4) On top of all of this, we constantly use a blend of article marketing, blog marketing, search engine marketing, video marketing, social bookmark marketing and more to get your website ranked in the search engines - and deliver you high-quality traffic. Co-op Advertising Ad Templates National Media 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)

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    Expansion Plans

     
    GolfTEC Franchise
    iLoveKickboxing Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion YesNo

    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 iLoveKickboxing

    Michael Parrella opened his first martial arts school in 1991. In 2009, he used his years of industry experience to start iLoveKickboxing.com, and he began franchising the concept in 2012. iLoveKickboxing.com locations offer group kickboxing fitness classes. Fitness kickboxing is not some hobby we picked up over the weekend. We've been at it for decades, testing and tweaking the entire time to discover the key elements of running a great facility. We've crafted systems for low-pressure sales that are natural and conversational (NOT high-pressure or in-your-face)
    - We've crafted systems for referrals that make your customers excited to send their friends and family your way
    - We've learned things that only fellow facility owners can, like who the best vendors in the industry are, and where you'll get the best deals on equipment & supplies.
    By joining the iLoveKickboxing.com family, you reap the benefits of our years of hard work, trial & error. In short, you get the ripened fruit of our experience to use at your disposal. And we're happy to hand it over to you.