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Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs X-Golf Franchise Corp. 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 | $547,200 - $916,000 |
Franchise Fee | $39,000 | $30,000 |
Royalty Fee | 3% | 7% |
Advertising Fee | - | 1% |
Year Founded | 1974 | 2005 |
Year Franchised | 1984 | 2015 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | A successful franchisee for X Golf America should possess a passion for golf and have some business know-how. The ideal candidate must also have proper funding in place. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | Yes/No | -/Yes |
Equipment | Yes/Yes | -/Yes |
Inventory | Yes/Yes | -/Yes |
Receivables | Yes/No | -/Yes |
Payroll | Yes/No | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 30 hours Additional Training: On-site training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
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) | Number of Employees Required to Run: 6 |
Expansion Plans |
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US Expansion | - | Yes |
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.
X-Golf Franchise Corporation is currently expanding across the U.S. with over 30 storea open and operating.
Our plan to revolutionize the indoor golf business is well underway!
Contact our franchise department today to discuss the possibility of opening your own indoor golf center.