Start-Up Costs and Fees |
||
| Las Vegas Golf & Tennis | World Class Athlete | |
| Investment | 537000 - 774000 | 150000 - 150000 |
| Franchise Fee | ||
| Royalty Fee | 3% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1974 | 1976 |
| Year Franchised | 1984 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Las Vegas Golf & Tennis | World Class Athlete | |
| Experience | General business experience | |
Financing Options |
||
| Las Vegas Golf & Tennis | World Class Athlete | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Las Vegas Golf & Tennis | World Class Athlete | |
| Training | 1. Headquarters 3 Weeks 2. On-Site 2 Weeks | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 |
| 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: 2 Full-time, 4 Part-timePassive Ownership: Not Allowed |
Expansion Plans |
||
| Las Vegas Golf & Tennis | World Class Athlete | |
| 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 | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | |
| Franchise Fee | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | |
| Royalty Fee | |
| Las Vegas Golf & Tennis | 3% |
| World Class Athlete | 6% |
| Advertising Fee | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | 2% |
| Year Founded | |
| Las Vegas Golf & Tennis | 1974 |
| World Class Athlete | 1976 |
| Year Franchised | |
| Las Vegas Golf & Tennis | 1984 |
| World Class Athlete | 1977 |
| Term Of Agreement | |
| Las Vegas Golf & Tennis | 15 years |
| World Class Athlete | 15 years +15 |
| Renewal Fee | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | |
Business Experience Requirements |
|
| Experience | |
| Las Vegas Golf & Tennis | General business experience |
| World Class Athlete | |
Financing Options |
|
| Franchise Fees | |
| Las Vegas Golf & Tennis | Yes |
| World Class Athlete | Yes |
| Start-up Costs | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | |
| Equipment | |
| Las Vegas Golf & Tennis} | |
| World Class Athlete | |
| Inventory | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | |
| Receivables | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | |
| Payroll | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | |
Training & Support |
|
| Training | |
| Las Vegas Golf & Tennis | |
| World Class Athlete | 1. Headquarters 3 Weeks 2. On-Site 2 Weeks |
| Support | |
| Las Vegas Golf & Tennis | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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 |
| Marketing | |
| Las Vegas Golf & Tennis | Co-op advertising, Ad slicks, Regional advertising |
| World Class Athlete | |
| 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) |
| World Class Athlete | Average Number of Employees: 2 Full-time, 4 Part-timePassive Ownership: Not Allowed |
Expansion Plans |
|
| US Expansion | |
| Las Vegas Golf & Tennis | |
| 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 |
| Canada Expansion | |
| Las Vegas Golf & Tennis | 0 |
| World Class Athlete | |
| International Expansion | |
| Las Vegas Golf & Tennis | |
| 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 |