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Below is an in-depth analysis and side-by-side comparison of Nevada Bob's Golf 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 | $300,000 - $722,000 | $547,200 - $916,000 |
Franchise Fee | $50,000 | $30,000 |
Royalty Fee | 2% | 7% |
Advertising Fee | 2% | 1% |
Year Founded | 1974 | 2005 |
Year Franchised | 1974 | 2015 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | Calgary, AB Min 5 Days | On-The-Job Training: 30 hours Additional Training: On-site training |
Support | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
Operations | Average Number of Employees: 2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged | Number of Employees Required to Run: 6 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | 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!
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.