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Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Body Balance for Performance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $537,000 - $774,000 | $80,025 - $202,375 |
Franchise Fee | $39,000 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 1974 | - |
Year Franchised | 1984 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | Yes/Yes | -/- |
Inventory | Yes/Yes | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/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, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 5 - 8
Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The first Las Vegas Golf & Tennis location was established in Nevada's biggest casino city in 1974 and began franchising in 1984. Stores offer new name-brand products including golf equipment, apparel, shoes and accessories, as well as an exclusive line of Vision Golf equipment.
Body Balance for Performance specializes in exercises and training to help improve the golf skills of its customers. Catering to a highly niche market, Body Balance for Performance offers training courses and advice to customers who are seeking to improve their scores or simply better enjoy their game of golf. The franchise is expanding as the game of golf is also gaining popularity both in the United States and abroad while becoming more competitive. Body Balance for Performance offers customers with classes to improve their posture; increase their shot distance and to more actively pursue their golfing ambitions.