| ||||
Updated RecentlyParmasters Golf Training Centers vs Sports Specific Training Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Sports Specific Training 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 | $100,000 - $200,000 |
| Franchise Fee | $25,000 | $50,000 |
| Royalty Fee | 8% | - |
| Advertising Fee | - | - |
| Year Founded | 2000 | 1997 |
| Year Franchised | 2001 | 2005 |
| 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | You will receive comprehensive training on business operations, sales, marketing and membership management. At SST the training never stops! |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Working with your Franchise Consultant, you will have a one-stop resource for all the phases of your facility. As a franchisee, you have access to ongoing support that helps with your RESULTS! Our team of Franchise Consultants and other corporate staff are continually developing new and exciting ways to support you. Just some of the tools available to you include: � Online operations and marketing manuals. � Training for managers and sales personnel. � Onsite visits to your club and the opportunity to shadow an existing club owner. � Conference calls and webinars. � Branding and Marketing Support |
| 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 |
||
| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
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 Sports Specific Training
SST uses a simple four step approach in fitness and the development of their athletes- strength, speed, nutrition and Functional training. We have found this 4 step model to be very successful and provide results in the fastest time possible. Our athletes get very strong and work the proper energy system during each workout. This is the main thing that every person wants and SST delivers... RESULTS!SST is now franchising Nationally. We have created elite training centers for athletes and adults of all types with a growing base of customers. With our low cost system, consistently providing RESULTS to our customers and franchisees, we have realized that we have a solid business model that both can use to pursue their desired lifestyle. From initial training for all new franchisees and annual franchisee conferences SST is committed to your success.