Start-Up Costs and Fees |
||
| Las Vegas Golf & Tennis | X-Golf | |
| Investment | 537000 - 774000 | 547200 - 900000 |
| Franchise Fee | ||
| Royalty Fee | 3% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1974 | 2005 |
| Year Franchised | 1984 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Las Vegas Golf & Tennis | X-Golf | |
| Experience | General business experience | |
Financing Options |
||
| Las Vegas Golf & Tennis | X-Golf | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Las Vegas Golf & Tennis | X-Golf | |
| Training | On-The-Job Training: 40 hours Classroom Training: 20 hours Additional Training: On-site training | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Number of Employees Required to Run: 6 |
Expansion Plans |
||
| Las Vegas Golf & Tennis | X-Golf | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
| Franchise Fee | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
| Royalty Fee | |
| Las Vegas Golf & Tennis | 3% |
| X-Golf | 6% |
| Advertising Fee | |
| Las Vegas Golf & Tennis | |
| X-Golf | 1% |
| Year Founded | |
| Las Vegas Golf & Tennis | 1974 |
| X-Golf | 2005 |
| Year Franchised | |
| Las Vegas Golf & Tennis | 1984 |
| X-Golf | 2015 |
| Term Of Agreement | |
| Las Vegas Golf & Tennis | 15 years |
| X-Golf | |
| Renewal Fee | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
Business Experience Requirements |
|
| Experience | |
| Las Vegas Golf & Tennis | General business experience |
| X-Golf | |
Financing Options |
|
| Franchise Fees | |
| Las Vegas Golf & Tennis | Yes |
| X-Golf | Yes |
| Start-up Costs | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
| Equipment | |
| Las Vegas Golf & Tennis} | |
| X-Golf | |
| Inventory | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
| Receivables | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
| Payroll | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
Training & Support |
|
| Training | |
| Las Vegas Golf & Tennis | |
| X-Golf | On-The-Job Training: 40 hours Classroom Training: 20 hours Additional Training: On-site training |
| Support | |
| Las Vegas Golf & Tennis | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| X-Golf | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Las Vegas Golf & Tennis | Co-op advertising, Ad slicks, Regional advertising |
| X-Golf | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| X-Golf | Number of Employees Required to Run: 6 |
Expansion Plans |
|
| US Expansion | |
| Las Vegas Golf & Tennis | |
| X-Golf | |
| Canada Expansion | |
| Las Vegas Golf & Tennis | 0 |
| X-Golf | |
| International Expansion | |
| Las Vegas Golf & Tennis | |
| X-Golf | |