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Updated RecentlyLas Vegas Golf & Tennis vs Nevada Bob's Golf Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Nevada Bob's Golf 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 | $300,000 - $722,000 |
| Franchise Fee | $39,000 | $50,000 |
| Royalty Fee | 3% | 2% |
| Advertising Fee | - | 2% |
| Year Founded | 1974 | 1974 |
| Year Franchised | 1984 | 1974 |
| Term Of Agreement | 15 years | 10 years +10 |
| Term Of Agreement | 15 years | 10 years +10 |
| 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 | - | Calgary, AB Min 5 Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| 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) | Average Number of Employees: 2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| 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 Nevada Bob's Golf
In today's business environment, Golf as with most industries is a very competitive one. As an independent business person, it is critical to be aligned with a group that offers you: * Immediate recognition within the industry * Resources to draw on and to provide you with assistance in all facets of the golf retail business * Leverage that comes with being part of a group highly regarded in the Golf industry As a Nevada Bob's Franchise you will receive training and ongoing support in all aspects of the Store Operations, Purchasing and Marketing. The Nevada Bob's support team will provide: * Pre-opening training * On site support for the store opening * Ongoing programs and initiatives * Annual Franchise meeting The relationship between the support office team and you and your store staff is critical. We'll ensure that there is constant and effective communication with you to maximize the success of your store. We look forward to working with you!