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Updated RecentlyParmasters Golf Training Centers vs Putt-2-Go Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Putt-2-Go 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 | $50,100 - $80,500 |
| Franchise Fee | $25,000 | $15,000 - $30,000 |
| Royalty Fee | 8% | 5% |
| Advertising Fee | - | 8% Local+2%Nat'l |
| Year Founded | 2000 | - |
| Year Franchised | 2001 | - |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| 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 | - | Yes |
| Canada Expansion | No | - |
| 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 Putt-2-Go
Life may not be a party all the time.... BUT WORK CAN BE! Even in a slow economy, 2009 was our best year yet! In 2010, our expected revenue for the first quarter is already over 140% above last year's! With our lowered franchise fee, it's the perfect time for you to get into business and grow as the economy recovers! The increasing popularity of golf has created innumerable opportunities in the business world. Putt-2-Go, the portable miniature golf business now expanding through franchising, is one of those opportunities. We bring a fantastic franchise opportunity to qualified entrepreneurs that includes: Relatively low start-up costs Opportunity to work from home Fun, energizing, and people- oriented career Work in the golf business And more! New course development The advantages of franchising as a pathway to business ownership are numerous�and have not gone unnoticed by smart entrepreneurs. Today, there are more than 760,000 franchised businesses generating $1.5 trillion in annual economic input. Franchising offers the best of both worlds: you own your own business, but also receive guidance from an experienced franchisor. All Putt-2-Go franchise owners receive support that is on par with the top franchisors in the business.