Las Vegas Golf & Tennis vs Challenger sports Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs Challenger sports including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Las Vegas Golf & Tennis Franchise
Challenger sports Franchise
Investment $537,000 - $774,000$40,995 - $72,395
Franchise Fee $39,000$24,995
Royalty Fee 3%-
Advertising Fee --
Year Founded 19741985
Year Franchised 19841997
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
Las Vegas Golf & Tennis Franchise
Challenger sports Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Las Vegas Golf & Tennis Franchise
    Challenger sports Franchise
      In-House/3rd PartyIn-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

     
    Las Vegas Golf & Tennis Franchise
    Challenger sports Franchise
    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

     
    Las Vegas Golf & Tennis Franchise
    Challenger sports Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Challenger sports

    "Challenger

    Challenger Sports is a multi-faceted international sports company who provide a wide variety of player development programs, coach education clinics, tournaments, tours, and uniform and equipment supply to hundreds of thousands of players, parents, and coaches across the globe. Operating originally as ‘British Soccer Camps’ Challenger Sports began running summer soccer camps in the US in 1985. Each year the company grew and the founders of Challenger diversified and expanded their range of services and products in response to the increasing demands of the rapidly growing North American soccer population. In 1997 the “Challenger” brand was created along with a vision of duplicating the highly successful soccer services and products model into multiple sports. Within two years, company owners Ron Matsch, Peter Arch, Alan Jones, Paul Lawrence, Derek Shoare and Andy Bennett had established a network of regional offices serving soccer communities in every US state and 7 Canadian provinces. Challenger Sports  also invested heavily in the United Kingdom and were the first US based soccer company to set up a full-time recruitment and training operation in Britain.