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Below is an in-depth analysis and side-by-side comparison of GolfTEC vs Premier Martial Arts Studios 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 | $141,048 - $201,448 |
Franchise Fee | $17,500 - $35,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1995 | 2018 |
Year Franchised | 2003 | 2018 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | While the instructor is running the studio, your primary responsibility is to make sure your students have a world class martial arts experience. Your role will be in networking, building relationships with your community, marketing with our proven systems and implementing our processes that you will learn during training at our headquarters. Premier Martial Arts is a simple business to run with enormous profit potential. | |
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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | We offer initial business training, curriculum training, instructor training and a wide range of ongoing support. You will receive ongoing marketing, support for you and your staff, as well as coaching to help ensure your business is running smoothly and that you are reaching your financial goals. We train all Premier Martial Arts instructors extensively to be martial arts professionals before they ever teach any of our students. |
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 | - |
International Expansion | Yes | - |
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.