Start-Up Costs and Fees |
||
| Las Vegas Golf & Tennis | Sports Traders | |
| Investment | 537000 - 774000 | 250000 - 250000 |
| Franchise Fee | ||
| Royalty Fee | 3% | $100/month |
| Advertising Fee | ||
| Year Founded | 1974 | 1983 |
| Year Franchised | 1984 | 1987 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Las Vegas Golf & Tennis | Sports Traders | |
| Experience | General business experience | |
Financing Options |
||
| Las Vegas Golf & Tennis | Sports Traders | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Las Vegas Golf & Tennis | Sports Traders | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| 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) | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Las Vegas Golf & Tennis | Sports Traders | |
| US Expansion | ||
| Canada Expansion | 0 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Franchise Fee | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Royalty Fee | |
| Las Vegas Golf & Tennis | 3% |
| Sports Traders | $100/month |
| Advertising Fee | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Year Founded | |
| Las Vegas Golf & Tennis | 1974 |
| Sports Traders | 1983 |
| Year Franchised | |
| Las Vegas Golf & Tennis | 1984 |
| Sports Traders | 1987 |
| Term Of Agreement | |
| Las Vegas Golf & Tennis | 15 years |
| Sports Traders | |
| Renewal Fee | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
Business Experience Requirements |
|
| Experience | |
| Las Vegas Golf & Tennis | General business experience |
| Sports Traders | |
Financing Options |
|
| Franchise Fees | |
| Las Vegas Golf & Tennis | Yes |
| Sports Traders | Yes |
| Start-up Costs | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Equipment | |
| Las Vegas Golf & Tennis} | |
| Sports Traders | |
| Inventory | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Receivables | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Payroll | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
Training & Support |
|
| Training | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Support | |
| Las Vegas Golf & Tennis | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Sports Traders | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Las Vegas Golf & Tennis | Co-op advertising, Ad slicks, Regional advertising |
| Sports Traders | |
| Operations | |
| Las Vegas Golf & Tennis | Number of employees needed to run franchised unit: 5 - 8 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Sports Traders | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |
| Canada Expansion | |
| Las Vegas Golf & Tennis | 0 |
| Sports Traders | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Las Vegas Golf & Tennis | |
| Sports Traders | |