Start-Up Costs and Fees |
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| World Class Athlete | Las Vegas Golf & Tennis | |
| Investment | 150000 - 150000 | 537000 - 774000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 3% |
| Advertising Fee | 2% | |
| Year Founded | 1976 | 1974 |
| Year Franchised | 1977 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| World Class Athlete | Las Vegas Golf & Tennis | |
| Experience | General business experience | |
Financing Options |
||
| World Class Athlete | Las Vegas Golf & Tennis | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| World Class Athlete | Las Vegas Golf & Tennis | |
| Training | 1. Headquarters 3 Weeks 2. On-Site 2 Weeks | |
| Support | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control: At Additional Cost Franchisee Newsletter 800 Telephone Hotline | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Average Number of Employees: 2 Full-time, 4 Part-timePassive Ownership: Not Allowed | Number of employees needed to run franchised unit: 5 - 8 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| World Class Athlete | Las Vegas Golf & Tennis | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion | Australia, Austria, Belgium, Canada, Denmark, England, Finland, France, Germany, Greece, Holland, Hungary, Iceland, Ireland, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Netherlands Antilles, New Zealand, Northern Ireland, Norway, Portugal, Scotland, Spain, Sweden, Switzerland, Turkey, United Kingdom, Wales |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
| Franchise Fee | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
| Royalty Fee | |
| World Class Athlete | 6% |
| Las Vegas Golf & Tennis | 3% |
| Advertising Fee | |
| World Class Athlete | 2% |
| Las Vegas Golf & Tennis | |
| Year Founded | |
| World Class Athlete | 1976 |
| Las Vegas Golf & Tennis | 1974 |
| Year Franchised | |
| World Class Athlete | 1977 |
| Las Vegas Golf & Tennis | 1984 |
| Term Of Agreement | |
| World Class Athlete | 15 years +15 |
| Las Vegas Golf & Tennis | 15 years |
| Renewal Fee | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
Business Experience Requirements |
|
| Experience | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | General business experience |
Financing Options |
|
| Franchise Fees | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
| Start-up Costs | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
| Equipment | |
| World Class Athlete} | |
| Las Vegas Golf & Tennis | |
| Inventory | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
| Receivables | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
| Payroll | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | |
Training & Support |
|
| Training | |
| World Class Athlete | 1. Headquarters 3 Weeks 2. On-Site 2 Weeks |
| Las Vegas Golf & Tennis | |
| Support | |
| World Class Athlete | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control: At Additional Cost Franchisee Newsletter 800 Telephone Hotline |
| Las Vegas Golf & Tennis | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| World Class Athlete | Average Number of Employees: 2 Full-time, 4 Part-timePassive Ownership: Not Allowed |
| 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) |
Expansion Plans |
|
| US Expansion | |
| World Class Athlete | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Las Vegas Golf & Tennis | |
| Canada Expansion | |
| World Class Athlete | |
| Las Vegas Golf & Tennis | 0 |
| International Expansion | |
| World Class Athlete | Australia, Austria, Belgium, Canada, Denmark, England, Finland, France, Germany, Greece, Holland, Hungary, Iceland, Ireland, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Netherlands Antilles, New Zealand, Northern Ireland, Norway, Portugal, Scotland, Spain, Sweden, Switzerland, Turkey, United Kingdom, Wales |
| Las Vegas Golf & Tennis | |