|
Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Amazing Athletes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $261,900 - $2,500,000 | $30,700 - $61,650 |
Franchise Fee | $25,000 | $25,000 - $35,000 |
Royalty Fee | 8% | 8% |
Advertising Fee | - | $150/mo. |
Year Founded | 2000 | 2003 |
Year Franchised | 2001 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $6.2K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/Yes |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | A very important benefit of our Franchise Package is our exceptional Training Program. That's why Amazing Athletes, Inc. offers a comprehensive training program to our franchisees. Included in the program are both classroom and hands-on training in valuable areas such as: teaching methods, promotional activities, customer service, administrative duties, as well as problem solving. On-The-Job Training: 13 hours Classroom Training: 23 hours Additional Training: Monthly conference calls |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | To help insure the success and growth of your operation, Amazing Athletes, Inc. will provide assistance, and in some cases, have final approval on the following: * Site selection research and selection of units * Accounting systems * Advertising and promotions * On-going advertising |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates 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: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | 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.
When you open your Amazing Athletes franchise, you will have a streamlined, organized business operation. In addition to our Field Coordinators who will provide Amazing Athletes Franchisees hands-on guidance during the preparation phase, we offer the following benefits:
* Long-term franchise contract up to twenty (20) years
* On-going guidance by an Amazing Athletes Director
* Operations Manual
* Accounting/reporting systems
We are looking for Individuals who are:
* Business-minded
* Marketing oriented
* Adequately financed
* Possess a strong desire and ambition to succeed
* Outgoing in nature and who enjoy working with children and people