|
Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Mighty Kicks 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 | $10,200 - $16,200 |
Franchise Fee | $25,000 | $8,700 |
Royalty Fee | 8% | $3000 1st year, then $4500 |
Advertising Fee | - | - |
Year Founded | 2000 | - |
Year Franchised | 2001 | - |
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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | You receive The Mighty Kicks Operations Manual Age appropriate, Proven Curriculum (with Story Boards and DVDs) Start-up and Marketing Boost (we come to your territory to jump-start your new business) Client Database and Target Market Formation Market Research and Analysis of your Territory Marketing and Research materials, tools, techniques, and assistance Generous Territory that provides ample room for success The on-going Support and Service from Mighty Kicks Franchising Templates for marketing materials, newsletters, waivers, accounting, and more Technical assistance, your own web page, phone number, online registration, and e-mail account Use of our recognized name and marks Intensive and Extensive Training Economies of Scale (bulk purchasing power) Existing relationships with National Clients Assistance from the Team of current franchisees Established online presence with Search Engine Optimization Knowledge, Ability, Tools, and Proven Systems to build a successful business Years of experience, a proven system and business model, training, support and a national brand. Our commitment to the start-up of your franchise provides a strong foundation and crucial momentum. Our successful methods provide the premier introductory soccer program for kids. The age-appropriate Mighty Kicks Curriculum is creative, engaging, fun and extremely effective. |
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 | - |
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.