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Below is an in-depth analysis and side-by-side comparison of LTS LeaderBoard vs Nevada Bob's Golf including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,800 - $173,900 | $300,000 - $722,000 |
Franchise Fee | $18,000 - $71,100 | $50,000 |
Royalty Fee | Varies | 2% |
Advertising Fee | - | 2% |
Year Founded | 1995 | 1974 |
Year Franchised | 2001 | 1974 |
Term Of Agreement | 5 years | 10 years +10 |
Term Of Agreement | 5 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 | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Calgary, AB Min 5 Days |
Support | - | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
NO LONGER FRANCHISING
In today's business environment, Golf as with most industries is a very competitive one. As an independent business person, it is critical to be aligned with a group that offers you: * Immediate recognition within the industry * Resources to draw on and to provide you with assistance in all facets of the golf retail business * Leverage that comes with being part of a group highly regarded in the Golf industry As a Nevada Bob's Franchise you will receive training and ongoing support in all aspects of the Store Operations, Purchasing and Marketing. The Nevada Bob's support team will provide: * Pre-opening training * On site support for the store opening * Ongoing programs and initiatives * Annual Franchise meeting The relationship between the support office team and you and your store staff is critical. We'll ensure that there is constant and effective communication with you to maximize the success of your store. We look forward to working with you!