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Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Premier Martial Arts Studios 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 | $141,048 - $201,448 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 2000 | 2018 |
Year Franchised | 2001 | 2018 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $6.2K | - |
Business Experience Requirements |
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Experience | While the instructor is running the studio, your primary responsibility is to make sure your students have a world class martial arts experience. Your role will be in networking, building relationships with your community, marketing with our proven systems and implementing our processes that you will learn during training at our headquarters. Premier Martial Arts is a simple business to run with enormous profit potential. | |
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 | We offer initial business training, curriculum training, instructor training and a wide range of ongoing support. You will receive ongoing marketing, support for you and your staff, as well as coaching to help ensure your business is running smoothly and that you are reaching your financial goals. We train all Premier Martial Arts instructors extensively to be martial arts professionals before they ever teach any of our students. |
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 | - |
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.