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Updated RecentlyParmasters Golf Training Centers vs House of Speed Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs House of Speed 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 | $79,500 - And Up |
| Franchise Fee | $25,000 | $39,500 |
| Royalty Fee | 8% | 10% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 1998 |
| 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 | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High | |
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 | - | 3-5 business days in Aurora, IL |
| 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) | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
Expansion Plans |
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| US Expansion | - | - |
| 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 House of Speed
Explosion, Strength, Speed and Flexibility
House of Speed provides the best available sport-specific performance training. House of Speed is continuously developing and refining the most current training techniques, enabling athletes to increase their overall speed, strength, explosiveness, agility and sport-specific ability. Our curriculum and weight training techniques were developed and designed by Don Beebe and Dr. Jeffrey Schutt who are well-known as leaders in the industry.
Our athletes compete in a wide variety of sports and are of diverse age ranges and skill levels. Therefore, House of Speed designed its training programs to be diverse to meet the needs of each athlete. For example, our programs incorporate performance training and sport-specific training. Performance training is designed solely to make the athlete faster, stronger, more agile and explosive. Sport-specific training is designed to target athletic ability in the sport in which the athlete competes. House of Speed has a customized training program for every sport, every position, and every skill level.
Apply to Become a Franchise
1. Individual Training (1-2 athletes)
2. Small Group Training (3-5 athletes)
3. Group Training (5 athletes or more)
4. Team Training (individual teams)
5. Camps (2-day camps in a specific city)
6. Sport Specific training
For more information about owning your own House of Speed franchise please contact [email protected]