Please complete the fields below to contact us (* indicates a required field). All Rights Reserved. Looks like your subscription is due. I am a big believer that work is a huge part of our lives so the workplace needs to be an extension of ourselves and thats what we focus on when recruiting and supporting franchisees. Check out these other industries related to X-Golf Franchise. Request a free consultation with a Franchise Advisor now. Use tab to navigate through the menu items. With 23 (as of 2020) units, X-Golf Franchise Corp. aims to provide support to each franchise owner to help them operate a successful franchise location. Many of these are one-time fees that are needed to launch the franchise. This is up from $79,662 and $39,315 in 2019 and 2018, respectively. The X-Golf Franchise Corporation was profitable in 2020 with a net income of $156,059. Food - Meal Assembly E-Commerce Franchise - X-GOLF Indoor Golf Simulator | Virtual Golf Course LEARN GOLF PROFESSIONALLY, X-GOLF ACADEMY, This is a professional golf lesson & practice franchise. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. X-Golf Franchise Company Profile | Management and Employees List - Datanyze As if our high end simulators werent enough of a draw, our full sports bar and modern entertainment center kick things up, creating an energized, fun environment for guests to enjoy with friends, family or co-workers. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Here's How They Turned It Around. This is up from $79,662 and $39,315 in 2019 and 2018, respectively. Join the #1 Ranked Entertainment Franchise Brand! X-Golf has seen franchise unit increases in each of the last three years, and the franchises on average have been profitable in recent years. Stay up to date on the latest news and trends affecting the franchise industry. Marketing Fund Contribution: 1% of gross sales. Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses. Based on a midpoint investment of $731,600 with profits of $19,403 (2.7% profit margin) it would take about 38 years to recoup your investment. LookForaFranchise.ca - The Official Online Franchise Directory of the CFA Enter an email address below and click 'Subscribe' to receive future newsletters and marketing communications. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. By pressing Submit Information Request, you agree that FranchiseClique.ca, websites, our network Oftentimes, you can reach out to current franchisees of X-Golf Franchise Corp. online. More Locations . X-Golf Owner (Columbus) at X-Golf Franchise WORLDS COURSES Its business model has been proved well in U.S.A, Australia. Locations - X-GOLF Indoor Golf Simulator In 2020, the X-Golf Franchise Corporation had a net income of $156,059, but their cash totaled $226,254, which is a 10% increase from the amount of cash they started the year with. Please renew to keep using our services. What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. Inquire, Available Territories: So while X-Golf franchises have been profitable in the past, the potential for the negative impacts of the pandemic on the arcade, food, and entertainment complexes industry to continue makes the outlook for the future for X-Golf franchises uncertain. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. X-Golf offers what some people consider to be the worlds most advanced golf simulator technology. Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse. CA Learn the golf by the professionals, PRACTICE Customers can play at some of the worlds top golf courses and choose from numerous game formats on the simulator machines. X-Golf creates additional revenue maximising your valuable space. Educational Products & Services We streamline our food and beverage service to create low overhead, high margin opportunities for our franchisees. We've got all the information you need to identify which business is right for you. Practise the golf with X-GOLF simulator, FITTING Sorry. Forbes [X-Golf reflects] promising trends in the millennial golfer. News, Amazing Offers & Inside Scoops. This article is based on avideo originally recorded on Vetted Biz Youtube Channel. Fill out the form below to get more information about X-Golf Franchise Corp. franchise and we'll be in touch soon! Learn about their Amusement Parks, Arcades & Attractions, Hospitality market share, competitors, and X-Golf Franchise's email format. Name & Title Social Complete the form below to get FREE Info. Home - Inspection Services The X-Golf Franchise Corporation was profitable in 2020 with a net income of $156,059. 90745. X-Golf Franchise Opportunity for 2023 " Visa Franchise Youre about to cancel your subscription. Health / Safety / Environmental We also do not Want to Become a Part of the X-Golf Franchise Family? The current CEO is Ryan DArcy, who has been in that role since 2019. Commercial - X-Golf Australia's Leading Indoor Golf Simulators Some franchises may have a weekly fee that the franchisee pays for operating a X-Golf Franchise Corp. franchise. Access franchise industry contact details, including over 20,000 email addresses, and 300,000 phone numbers Learn more about what FranChimp Pro can do for you with a free demo Get started for just $150 per month! Health / Fitness / Nutrition Dry Cleaning / Clothing Care In 2020, the X-Golf Franchise Corporation had a net income of $156,059, but their cash totaled $226,254, which is a 10% increase from the amount of cash they started the year with. Insurance Franchise Disclosure Document (FDD) with an attorney and accountant. Additional details about running this franchise. Franchise Disclosure Document (FDD) Database. Hold your next event at X-Golf and Eat, Drink and Play! Introducing the franchise model of XGOLF. X-Golf is Australasia's only supported Indoor Golf Centre Franchise. Like so much else at X-Golf, its not enough to just play the game. High-tech golf entertainment venue to debut in St - Local Business News FAST PLAY Play a full course in 90 minutes WORLDS COURSES The X-Golf franchise model offers an exciting business opportunity for those ready to pursue a new venture in a unique, non-saturated, developing sports and entertainment industry. Being apart of a sport for so long you get to see the intricacies of what makes golf tick. Connect directly with X-Golf Franchise about its business opportunity. Teams of three battle head to head in a 9-hole handicapped match play format held weekly at X-Golf venues throughout Australasia. Selon l'Association nationale des propritaires de terrains de golf du Canada (ANPTG), les rgles fiscales n'aident en rien l'industrie. View contact profiles from X-Golf Franchise Popular Searches X-Golf Franchise Corp X-Golf is the home of indoor golf set in a fun and exciting sports bar and entertainment facility. The FDD report will contain additional information such as whether the franchise is renewable (X-Golf Franchise Corp. Is Renewable) and does the franchise offer financing support (X-Golf Franchise Corp. X-Golf Franchise Corp. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll). Revenue. However, it would be best if franchisees were passionate about the sport, possess some business know-how, have proper funding in place, and have a willingness to provide top-quality services to their customers. This is the brand new style of sport CAF & PUB, and you will be the first owner in your place ever. We streamline our food and beverage service to create low overhead, high margin opportunities for our franchisees. Canada franchise in Montral, Qubec - Canada Franchise Opportunities X-GOLF provides the most accurate, and high-tech analysing system to customers for the perfect lesson environment. for X-Golf and should not be construed as such. The X-Golf Franchise Corporation has also seen a relative decrease in costs across this time period, getting down to 62% of total revenue. Building 10, 163-179 Forster Road, Mount Waverly, VIC 3149 . Packages to suit all occasions and budgets. X-Golf has been ranked in Entrepreneur's Franchise 500. Personal contribution required: $65,000 Total Investment: $150.000 to $350.000 Add to Request . Current franchisees may be able to offer personalized insights into what it is like owning a X-Golf Franchise Corp. franchise and offer tips to running a successful X-Golf Franchise Corp. franchise location. You have to pay this upfront fee when opening an X-Golf franchise. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Custom Deck Golf Industry - Statista - The Statistics Portal for Market Data There is socializing and consumption of alcohol to help create a vibrant atmosphere that allows customers to have fun on and off the tee. Its business model has been proved well in U.S.A, Australia. Business Aids & Services Franchise | Xgolf X-Golf will become a known brand in the retail golf simulator business and franchise segment. Data has shown us that a huge number of people love golf as a leisure activity, yet can feel put off by time and cost restraints, or the intimidation of coming in as a newcomer. The first X-Golf Franchise Corporation began in 2015 and has since expanded to multiple locations across Texas, Alabama, Louisiana, Colorado, and Michigan. The initial X-Golf Franchise Fee is $30,000. X-Golf Franchise is part of the Hospitality industry, and located in California, United States. X-Golf Franchise - Own your own Indoor Golf Entertainment Venue & Bar Certain individuals may quality for a Green Card, Prefer to self-direct? The SANFL is setting up an X-Golf franchise. X-Golf competes with other businesses in the arcade, food, and entertainment complexes industry, which recorded $1.6 billion in revenue in the past year and is projected to grow by 3.6% between 2021 and 2026. The typical simulator rate is in the $35-$40 an hour range. FRANCHISE #1 PLAY THE WORLD'S BEST INDOOR GOLF FRANCHISE EXTREMELY FUN FRANCHISE, X-GOLF PLAY! Michael Wezner has been working as a X-Golf Owner (Columbus) at X-Golf Franchise for 3 years. And we didnt stop there. X-Golf Franchise Company Profile | Management and Employees List Copyright 2023 Entrepreneur Media, Inc. All rights reserved. Hair & Nail Salons / Spas The brand and stores will represent the industry segment and marketplace in markets across the United States by offering high-quality simulators and top-notch professional service at reasonable prices with well-managed operations. Contents A great way to entertain clients and colleagues in a distinctly non corporate environment! 24416 Main St Ste 301, Carson, California, 90745, United States Phone Number (323) 400-6611 Website www.xgolffranchise.com Revenue <$5M Industry Hospitality General Hospitality X-Golf Franchise's Social Media Is this data correct? 3. However, the growth in new franchises has slowed and franchise profits decreased significantly in the most recent period. While this may be the business for you, make sure to also check out other businesses offered on Vetted Biz. Check for more information. Environmental Products and Services While this may be the business for you, make sure to also check out other businesses offered on Vetted Biz. Get a professional fitting service to find your club. Lawn & Garden Supplies / Services This is based on a multitude of factors, including their initial investment cost of 437200 and upfront franchisee fees of 250000 A real knack for business. Hotels / Motels / Campgrounds Visit XGolfCanada.com for More Information. Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. Lawyers X-Golf America | 24416 S Main St Suite 301 | Carson, CA 90745 | Email: Subscribe to Our Newsletter to get Important. We can help here too, Learn more about the various visas and how we can support you, For individuals with extraordinary abilities, Self-petition option for work that has national importance, For skilled workers, professionals, and other workers, All of our insights and articles in one place, Everything you need to know to get started, See potential returns on franchise investments. The estimated investment required to open a X-Golf Franchise is between $547,200-$900,000. How Much Is a Topgolf Franchise? Top Golf Franchise Cost (2023 JOIN X-LEAGUE Grab your team and hit the green. As a franchise, X-Golf Franchise Corp. has grown to include over 23 (as of 2020) units since they began franchising in 2015 (6 years). Unlock Access Fees Marketing Fee 0 Royalty Fee 0% Franchise Fee X-Golf offers an indoor golf and entertainment outlet that centers around the use of indoor golf simulators and also serves food and beverages in a fun and upbeat environment. Children's Products & Services We'll be in your inbox every morning Monday-Saturday with all the days top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur. The following costs are part of the upfront costs included in the initial investment for an X-Golf franchise. Business Consultants / Services / Training The Franchise Mall makes every effort to Browse other franchises in the Entertainment category. Even though its concept was not as popular when the brand began, the company slowly but steadily started to supply the world with amazing golf simulator systems that provide golf enthusiasts with unique and amazing experiences. Kampgrounds of America Inc. (KOA) is the worlds largest family. Recently Updated Team Members. Net income has also increased as a percentage of total revenues in each of those years, reaching 27% of total revenue by 2020. There are several costs associated with opening a X-Golf Franchise Corp. franchise. Previously, he served as Director of Franchise Operations and Director of Sales & Business development of both the, competes with other businesses in the arcade, food, and entertainment complexes industry, which recorded, The following costs are part of the upfront costs included in the, Professional Fees (lawyer, accountant, etc. Working within the X-Golf franchise family has provided us with the tools and support that we needed to get on the right track to succeed. TopGolf is a technology-enabled golf company that operates at the intersection between socializing and sports. X-Golf is a franchised business that operates indoor golf entertainment facilities. . Other Since then, the brand has grown to over 30 franchises throughout the United States. Franchisees will be awarded an exclusive territory, determined by local demographics and population density. Welcome to Yogi Bears Jellystone Park Camp-Resorts. Legal Disclaimer: This information is not a franchise offering It takes approximately an hour for an individual to play 18 holes. Financial / Cash Services Banks / Financial Services Automotive & Truck Services / Products / Rentals X-Golf America Inc. | LinkedIn Based on a midpoint investment of $731,600 with estimated profits of 116,914 (15.9% profit margin) it would take about 7 years to recoup your investment. By 2015, X-Golf began franchising. Golf Advisor Become Part of the X-Golf Franchise Family Since opening in America in 2015, X-Golf has taken off. Commercial / Residential Services This simple list should be at the root of every decision you make about building your brand until you decide to sell or bring in a private equity partner. These are more than aspirations and, combined with the mindset yes, form the foundational priorities that shape decisions across every aspect of the business. Note: information requests are a resource for use by prospective franchisees to request additional information directly from the franchise brand. Find and sort franchises to access franchise listings, The largest, most accessible, and up-to-date FDD database available, See which tools and data insights can address your specific use case, Get the information you need to make a franchise investment decision, Turbocharge your sales efforts by identifying the right franchises and contacts you need, Use data to better position your franchise brand versus competitors and grow through targeting of existing franchisees, Use our platform to assist with your franchise sales efforts, Use franchise and industry data to identify and target the best franchise investments, Understand the resale value of your franchise business, finance your expansion, and explore diversification through other franchise brands, Expert guidance to help you get the most from the platform, All our insights and analysis in one place, Take our quiz for a free franchise assessment, The #1 rated franchise podcast to hear discussions with franchisors, franchisees, and expert analysis, Have an expert guiding you each step of the way, Join thousands of others watching our video content on our YouTube channel, Learn how to properly value your potential and existing business investments, Valuation based off of recent market data, Valuation based on present value of future cash flows, Valuation based on return on invested capital. Painting with a Twist started from humble beginnings in 2007. X-Golf Franchise Costs & Fees Personal contribution required: $75,000 Total Investment: Starting at $300,000 Add to Request Simply for Life. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Learn how much a Topgolf franchise owner makes, what is the revenue per location, whether is it profitable, and the pros and cons of owning a Topgolf franchise.
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