Start Up Costs
Start Up Costs
Investment Requirement
Investing in Your Future with Golf Envy
Becoming a Golf Envy franchisee is not just about joining a business; it’s about becoming a part of a community passionate about the game of golf. Our franchise model is designed to provide you with a lucrative and fulfilling business opportunity, with clear and manageable startup costs.
Financial Requirements
To ensure the success and sustainability of your Golf Envy franchise, we require our franchisees to meet the following financial criteria:
Liquid Capital:
$250,000 per unit purchased
Total Net Worth:
$500,000 per unit purchased
These financial benchmarks are in place to ensure that you have the necessary resources to invest in your business and manage it effectively.
Investment Requirement
Investing in Your Future with Golf Envy
Becoming a Golf Envy franchisee is not just about joining a business; it’s about becoming a part of a community passionate about the game of golf. Our franchise model is designed to provide you with a lucrative and fulfilling business opportunity, with clear and manageable startup costs.
Financial Requirements
To ensure the success and sustainability of your Golf Envy franchise, we require our franchisees to meet the following financial criteria:
Liquid Capital:
$250,000 per unit purchased
Total Net Worth:
$500,000 per unit purchased
These financial benchmarks are in place to ensure that you have the necessary resources to invest in your business and manage it effectively.
| Item | Minimum | High End |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Opening Support Fee | $20,000 | $20,000 |
| Local Marketing Requirement – Pre-Open (3 Months) | $9,000 | $9,000 |
| Net Leasehold Improvements | $67,000 | $155,000 |
| Architecture, Engineering and Design Fees | $10,500 | $25,000 |
| Project Management Fee | $14,000 | $18,000 |
| Signage | $7,000 | $15,000 |
| Furniture, Fixtures & Equipment | $6,000 | $9,000 |
| Golf Simulators | $60,000 | $290,000 |
| Golf Simulator Software and Licenses – 3 Months | $2,400 | $2,400 |
| Opening Inventory and Supplies | $500 | $1,000 |
| Computer System and Required Software – 3 Months | $2,000 | $3,000 |
| Training Expenses | $1,000 | $5,000 |
| Lease Deposit, Rent – 3 Months | $8,000 | $31,500 |
| Professional Fees, Permits and Licenses | $2,000 | $5,000 |
| Insurance Premium – 3 Months | $2,000 | $3,000 |
| Pop-Up Location Fee (Optional) | $ - | $20,000 |
| Additional Funds (3 Months) | $20,000 | $40,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $276,400 | $696,900 |
We anticipate that the average franchised Golf Envy Clubhouse will typically be between approximately 2200 and 3200 square feet, with the prototype location size being approximately 2700 square feet. Item 7 contemplates a 2700 square foot premises, in the event that you obtain a smaller or larger location your cost may decrease or increase as well.
Time Commitment
At Golf Envy, we understand that time is a valuable asset. Our franchise model is flexible, allowing for various levels of involvement. Here’s what you need to know about the time commitment:
Minimum Weekly Hours: 5 hours
Management Style: Can range from absentee to semi-absentee
Time Commitment
At Golf Envy, we understand that time is a valuable asset. Our franchise model is flexible, allowing for various levels of involvement. Here’s what you need to know about the time commitment:
Minimum Weekly Hours: 5 hours
Management Style: Can range from absentee to semi-absentee
| Item | Minimum | High End |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Opening Support Fee | $20,000 | $20,000 |
| Local Marketing Requirement – Pre-Open (3 Months) | $9,000 | $9,000 |
| Net Leasehold Improvements | $67,000 | $155,000 |
| Architecture, Engineering and Design Fees | $10,500 | $25,000 |
| Project Management Fee | $14,000 | $18,000 |
| Signage | $7,000 | $15,000 |
| Furniture, Fixtures & Equipment | $6,000 | $9,000 |
| Golf Simulators | $60,000 | $290,000 |
| Golf Simulator Software and Licenses – 3 Months | $2,400 | $2,400 |
| Opening Inventory and Supplies | $500 | $1,000 |
| Computer System and Required Software – 3 Months | $2,000 | $3,000 |
| Training Expenses | $1,000 | $5,000 |
| Lease Deposit, Rent – 3 Months | $8,000 | $31,500 |
| Professional Fees, Permits and Licenses | $2,000 | $5,000 |
| Insurance Premium – 3 Months | $2,000 | $3,000 |
| Pop-Up Location Fee (Optional) | $ - | $20,000 |
| Additional Funds (3 Months) | $20,000 | $40,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $276,400 | $696,900 |
We anticipate that the average franchised Golf Envy Clubhouse will typically be between approximately 2200 and 3200 square feet, with the prototype location size being approximately 2700 square feet. Item 7 contemplates a 2700 square foot premises, in the event that you obtain a smaller or larger location your cost may decrease or increase as well.
Your Path to Success
Starting a Golf Envy franchise is a step towards a rewarding future. Our support system is designed to help you every step of the way, from initial training to ongoing operations. We provide you with the tools and knowledge needed to succeed in the competitive golf industry.
Whether you are looking to be hands-on or prefer to manage your business from a distance, Golf Envy offers the flexibility to suit your lifestyle and investment goals. Contact us today to learn more about how you can become a part of Golf Envy.
Investing in a Golf Envy franchise means you are choosing a business with a proven track record and a passionate community. Ready to take the next step?
Your Path to Success
Starting a Golf Envy franchise is a step towards a rewarding future. Our support system is designed to help you every step of the way, from initial training to ongoing operations. We provide you with the tools and knowledge needed to succeed in the competitive golf industry.
Whether you are looking to be hands-on or prefer to manage your business from a distance, Golf Envy offers the flexibility to suit your lifestyle and investment goals. Contact us today to learn more about how you can become a part of Golf Envy.
Investing in a Golf Envy franchise means you are choosing a business with a proven track record and a passionate community. Ready to take the next step?
This information is not intended as an offer to sell or the solicitation of an offer to buy a franchise. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin, If you are a resident of or want to location a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements and disclosure requirements in your state. Franchise offerings may be made only through delivery of a Franchise Disclosure Document.
Copyright 2024 . All rights reserved
This information is not intended as an offer to sell or the solicitation of an offer to buy a franchise. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin, If you are a resident of or want to location a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements and disclosure requirements in your state. Franchise offerings may be made only through delivery of a Franchise Disclosure Document.