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Updated RecentlyLas Vegas Golf & Tennis vs Sparkle Brite Pool Stores Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Sparkle Brite Pool Stores 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 | $66,250 - $354,000 |
| Franchise Fee | $39,000 | $30,000 |
| Royalty Fee | 3% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1974 | 1999 |
| Year Franchised | 1984 | 2007 |
| Term Of Agreement | 15 years | 5 years |
| Term Of Agreement | 15 years | 5 years |
| Renewal Fee | - | 25% of then-current 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 | No/No |
| Start-up Costs | Yes/No | No/No |
| Equipment | Yes/Yes | No/No |
| Inventory | Yes/Yes | No/No |
| Receivables | Yes/No | No/No |
| Payroll | Yes/No | 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, 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 | - |
Company Overviews
About Las Vegas Golf & Tennis
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.
About Sparkle Brite Pool Stores
Pool and spa ownership is on the rise in the United States and with it comes the opportunity to own and operate your own professional pool and spa retail business. According to the Association of Pool & Spa Professionals, more than 176,000 additional in-ground pools were sold and installed in 2005, bringing the total number of in-ground pools in the U.S. to 4.7 million. This represents an almost 10% increase in total pools since 2002! And the growth is continuing. PK Data, a research company for the pool and spa industry, projects the growth rate of new pools in the coming years to be approximately 3% annually. Sparkle Brite Pool Stores has capitalized on this growth by developing a proven system of operation that maximizes profit and operational efficiencies and leaves the competition in the dust! Our operational model has allowed us to compete with privately owned stores, national chains, and other franchise outlets. Over the past nine years, Sparkle Brite Pool Stores has grown to include 15 locations in the Southwest Florida counties of Sarasota, Manatee, and Charlotte. Along the way, the Sparkle Brite name has become synonymous with quality pool products and superior customer service.