Parmasters Golf Training Centers vs LTS LeaderBoard Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs LTS LeaderBoard including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Parmasters Golf Training Centers Franchise
LTS LeaderBoard Franchise
Investment $261,900 - $2,500,000$49,800 - $173,900
Franchise Fee $25,000$18,000 - $71,100
Royalty Fee 8%Varies
Advertising Fee --
Year Founded 20001995
Year Franchised 20012001
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee $6.2K-


Business Experience Requirements

 
Parmasters Golf Training Centers Franchise
LTS LeaderBoard Franchise
Experience
  • General business experience
  • Marketing skills
  • Must have a passion for golf
  • -

    Financing Options

     
    Parmasters Golf Training Centers Franchise
    LTS LeaderBoard Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Parmasters Golf Training Centers Franchise
    LTS LeaderBoard Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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: 15

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Parmasters Golf Training Centers Franchise
    LTS LeaderBoard Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Parmasters Golf Training Centers

    Parmasters was founded in 1999 by Tod Wilcock, Tom Matzen, and Scott Hazledine--all golf enthusiasts. The indoor facilities are designed as practice and training centers, featuring driving bays, putting greens, and sand traps, as well as golf simulators. Centers are climate-controlled and range from 2,000 to 30,000 square feet.

    About LTS LeaderBoard

    NO LONGER FRANCHISING