百大连锁店-Rank no. 273 – 新移民致富之路

百大连锁店-Rank no. 273 – 新移民致富之路


Rank no. 273 – GolfTEC – US

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Products & Services: Indoor high-tech golf instruction

Number of Locations: 179

Total Investment: $130.17K – 471.82K

Founded: 1995

Began Franchising: 2003

About GolfTEC

GolfTEC was created in 1995 by Joe Assell and Mike Clinton, both graduates of the Professional Golf Management program at Mississippi State University. Now based in Centennial, Colorado, the company began franchising in 2003. GolfTEC centers offer indoor golf lessons, using video and motion measurement to analyze students’ swings and offer visual instruction. The company has also developed a golf club fitting process to help players find the clubs that best suit them from a database of over 1,000.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 104 10 4 61
2012 102 5 3 57
2011 109 2 3 34
2010 107 1 3 32
2009 111 0 4 30
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $130,175 – $471,825
Franchise Fee: $17,500 – $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $800,000
Liquid Cash Available: $250,000

OPERATIONS

100% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (40% of current franchisees are owner/operators).

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2-4 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #273 (2013), #274 (2012), #228 (2011), #210 (2010), #184 (2009),
Top Home-Based: #59 (2010), #43 (2009),
America’s Top Global: #195 (2013), #179 (2011), #163 (2010), #143 (2009),
Created by Joe Assell and Mike Clinton in 1995, GolfTEC is the nation’s largest golf instruction company and teaches more than 25% of golf lessons annually in the United States. Currently GolfTEC has 172 locations across the United States, Canada, Japan, and Korea. The Green Room, a Canada-based golf instruction company, purchased the rights to GolfTEC Canada[1] and opened the first GolfTEC in North Vancouver in early 2011. GolfTEC’s Corporate headquarters are located outside of Denver, Colorado.

GolfTEC Teaching Philosophy[edit]

According to the GolfTEC website, the golf instruction company believes there are five aspects to golf improvement. 1. Fact-based Diagnosis – An objective analysis using video, motion measurement and a proprietary database of over 150 Tour players. All GolfTEC technology becomes available to franchisees.[2] 2. Sequential Lessons – GolfTEC’s Certified Personal Coaches give easily understood lessons that build repeatable skills and lasting results. 3. Video-based Practice – Learning rates are dramatically accelerated with visual feedback that positively reinforces new swing habits. 4. Advanced Retention Tools – GolfTEC’s online Player Performance Center provides private 24/7 access to lesson history, past swing videos and practice drills that are provided after each lesson. 5. Precision-matched Clubs – GolfTEC’s unbiased club fitting process filters through more than 1,000 clubs to find the ideal match to each player’s swing. Five GolfTEC locations were named to Golf Digest’s[3] list of Top 100 Club Fitters.

GolfTEC Technology[edit]

GolfTEC originally used medical technology to monitor golf swings. The g-Swing technology is now patented by GolfTEC and an introductory one-hour Swing Evaluation shows the exact angles of rotation and bend of a client’s golf swing from address to follow-through. GolfTEC digitally recorded the golf swings of 150 PGA Tour PGA Tour professionals. The swing analysis of the tour players is used to provide objective numbers for use in Swing Evaluations.

GolfTEC Lessons[edit]

GolfTEC lessons are taught by a Certified Personal Coach who has completed GolfTEC University.[4] GolfTEC University teaches future Coaches about GolfTEC technology and the teaching philosophy.

The majority of GolfTEC lessons are taught indoors in bays designed to monitor swing mechanics. The Coaches customize the system and lessons to fit the ability of each golfer. GolfTEC’s Player Performance Center allows clients to view their swing, hear audio from their coach, see practice drills and schedule lessons online.

GolfTEC teaches outdoor playing and short game lessons where clients work on course management, putting and shots from within 50 yards.

GolfTEC Improvement Centers[edit]

There are approximately 172 GolfTEC Improvement Centers across the United States, Canada, Japan, and Korea. Locations can have anywhere between two and seven lesson and practice bays which include video monitoring and motion measurement technology.

In 2004, GolfTEC partnered with Golfsmith, the nation’s largest golf retailer. There are GolfTEC Improvement Centers in almost 80% of Golfsmith locations nationwide.