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Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Golf Analytics Fitness 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 | $500,000 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 2000 | 0 |
Year Franchised | 2001 | 0 |
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 | -/Yes |
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.
Whether you are a golf club or an individual there are new investment opportunities in golf. Invest in your passion! Golf is a top down sport. What is happening on the PGA and LPGA tours now is what will be happening at your local club in five years. Own a state-of-the-art Golf Center with advanced Golf Technology & Indoor Golf Simulator complete with a High Definition Championship Golf Simulator, the most advanced in the market today and is based on actual pictures of golf courses - the result is spectacular, you feel you're actually looking at the golf course and not a computer simulation. The Golf Simulator also has a module for golf club fitting. Golfers can try various club heads and shafts to find the best fit for them. The business uses the AMM TPI (Titleist Performance Institute) 3D 12-Sensor system and K-Vest to record every move the golfer makes from address through backswing, transition, impact and follow through. A separate system using the tiny AmmSensor is used for biofeedback. The business also uses the SAM PuttLab and the Zelocity Pure Launch monitor both inside and on the range. For more information contact us.