| ||||
Updated RecentlyLas Vegas Golf & Tennis vs The Yak Shak Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Las Vegas Golf & Tennis vs The Yak Shak including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $537,000 - $774,000 | $114,200 - $534,000 |
| Franchise Fee | $39,000 | $20,000 |
| Royalty Fee | 3% | 3% |
| Advertising Fee | - | 1% |
| Year Founded | 1974 | 2019 |
| Year Franchised | 1984 | 2021 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| 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 The Yak Shak
!["The]("https://fddexchange.com/wp-content/uploads/2021/01/The-Yak-Shak.jpg")
The Yak Shak is a kayak pro shop headquartered in Pelham, Alabama that brings together
outdoor enthusiasts and builds community around supporting and
conserving our natural waterways. The Yak Shak carries fishing kayaks, tackle,
apparel and offers kayak rentals year-round.
The total investment necessary to begin operation of a single
The
Yak Shak franchise ranges from $114,200 to $534,000. This includes the
Initial Franchise Fee of $20,000 that is paid to the franchisor. They
also offer an area development agreement that allows you to open a
minimum of two stores within a designated territory. You must pay a
development fee of $61,000 to $68,500 for two franchise locations and an
additional fee of $15,000 for each franchised location after two.