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Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Puckmasters including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $261,900 - $2,500,000 | $30,000 - $995,000 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 2000 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $6.2K | - |
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/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
NO LONGER FRANCHISING
Puckmasters is the world's first and largest Hockey Training Center franchise. We are a year-round hockey training center that focuses not only on builds the local hockey players skills, we also build their self-confidence and enjoyment of the game. We do this through 5 main revenue streams: 1-on-1 hockey training (which makes us totally unique), Summer Hockey Schools, Hockey Academies, Team Training, and Hockey Power and Speed Dryland Training.
So, what about the business of running a Puckmasters. Why shouldn't you do this on your own? Great question. Many answers. Lets start with the specific advantages we offer potential franchise owners.
Puckmasters has developed a truly unique concept - one that allows you to have fun while offering you the opportunity to get closer to your financial goals.