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Below is an in-depth analysis and side-by-side comparison of Nevada Bob's Golf vs Putt-2-Go including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $300,000 - $722,000 | $50,100 - $80,500 |
Franchise Fee | $50,000 | $15,000 - $30,000 |
Royalty Fee | 2% | 5% |
Advertising Fee | 2% | 8% Local+2%Nat'l |
Year Founded | 1974 | - |
Year Franchised | 1974 | - |
Term Of Agreement | 10 years +10 | 5 years +5+5+5 |
Term Of Agreement | 10 years +10 | 5 years +5+5+5 |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
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!
Life may not be a party all the time.... BUT WORK CAN BE! Even in a slow economy, 2009 was our best year yet! In 2010, our expected revenue for the first quarter is already over 140% above last year's! With our lowered franchise fee, it's the perfect time for you to get into business and grow as the economy recovers! The increasing popularity of golf has created innumerable opportunities in the business world. Putt-2-Go, the portable miniature golf business now expanding through franchising, is one of those opportunities. We bring a fantastic franchise opportunity to qualified entrepreneurs that includes: Relatively low start-up costs Opportunity to work from home Fun, energizing, and people- oriented career Work in the golf business And more! New course development The advantages of franchising as a pathway to business ownership are numerous�and have not gone unnoticed by smart entrepreneurs. Today, there are more than 760,000 franchised businesses generating $1.5 trillion in annual economic input. Franchising offers the best of both worlds: you own your own business, but also receive guidance from an experienced franchisor. All Putt-2-Go franchise owners receive support that is on par with the top franchisors in the business.