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Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Soccer Post 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 | $190,000 - $250,000 |
Franchise Fee | $39,000 | $29,500 |
Royalty Fee | 3% | 5% |
Advertising Fee | - | - |
Year Founded | 1974 | 1978 |
Year Franchised | 1984 | 1991 |
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 | - | Plus Store, Voorhees, NJ 2 Weeks |
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 Inventory Control Franchisee Newsletter Regional or National Meetings: At Additional Cost 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) | - |
Expansion Plans |
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US Expansion | - | Yes |
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.
Join the country's largest chain of soccer retail stores + Currently there are Soccer Post stores in ten states, from New Hampshire to California + Soccer Post is the largest chain of franchised soccer specialty retail stores + Soccer Post has been in business since 1991 Initial Benefits To Owning A Soccer Post Franchise * Analyze whether a soccer post franchise is for you * Provide you with a complete capitalization requirements outline * Assist with site selection using demographic studies and vendor suggestions * Assist in negotiating lease * Consultation and assistance with design of store build out * Extensive pre-opening training program * Advise and assist on all pre-opening responsibilities * Determine opening inventory mix * ASSURE ADEQUATE INITIAL INVENTORY to begin successful operation day one * Introduction to major vendors * Exclusive use in your market of a brand name with retail and online recognition Long Term Benefits * Ongoing training * Team and tournament sales consultation * Product review and buying recommendations * Access to "hot" products in sufficient quantities * Preferred treatment by suppliers * Supplier intervention when required * Private label merchandise and apparel * Advertising support including group buying and agency creativity * Grass roots marketing and promotion * Extensive operations manual * Access to Soccer Post corp.'s $1,000,000++ inventory * Swapping/sharing of products with a chain of over thirty stores * Ongoing support from the Soccer Post corporate staff * Involved with a company and people who are interested in your success - someone who has been down the road before