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Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Sports Traders 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 | $250,000 |
Franchise Fee | $39,000 | $25,000 |
Royalty Fee | 3% | $100/month |
Advertising Fee | - | - |
Year Founded | 1974 | 1983 |
Year Franchised | 1984 | 1987 |
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 | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter 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: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | Yes |
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.
Unique new and used retail concepts. For all sports equipment. We are a coaching franchise, not a controlling franchise, Allowing owners to run an independent store with group buying power and support.