x golf franchise revenue

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. With over 80+ open locations in the U.S. and many more slated to open throughout 2023, there is an X-Golf location near you. Looks like your subscription is due. X-Golf America | 24416 S Main St Suite 301 | Carson, CA 90745 | Email: Subscribe to Our Newsletter to get Important. These are more than aspirations and, combined with the mindset 'yes', form the foundational priorities that shape decisions across every aspect of the business. No golfing experience is necessary to enjoy our relaxed, friendly atmosphere. Travel Primary Industries. There was slower growth in 2020 than the previous year, but that is not surprising given the difficulties the arcade, food, and entertainment complexes industry faced in 2020. listed above. Employment / Personnel Services Our 2021 rating of X-Golf is . Designated Driving / Transportation Services As of 2020, there were 24 franchised outlets and 0 corporate outlets. From AI to a surge in chickenhere's what needs to be on your franchise radar. Banks / Financial Services Printing / Copying / Shipping Check out these other industries related to X-Golf Franchise. 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. Note: information requests are a resource for use by prospective franchisees to request additional information directly from the franchise brand. 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 El Dorado Hills; Colorado. You can have up to 6 player profiles per simulator. Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. They compete most directly with other indoor and sports-related entertainment options such as sporting events, golf clubs, sports bars, and similar businesses. Liquid Capital Required: $600,000 - $1,200,000, Liquid Capital Required: $500,000 - $3,000,000. Start a X-Golf Franchise in 2023 - Entrepreneur 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. Want to Become a Part of the X-Golf Franchise Family? Contents Corporate Units Along with numerous sites in Victoria, kiosks are now open in South Australia, Queensland, New South Wales as well as Christchurch, New Zealand. Are you eager to see what else is out there? Mobile Businesses Marketing Fund Contribution: 1% of gross sales. Building & Design Services There is an initial franchise fee of $30,000 which grants you the license to run a business under the X-Golf name. We think its a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Hotels / Motels / Campgrounds On X-Golf simulators, customers will have the ability to play over 150 world famous golf courses. Forbes [X-Golf reflects] promising trends in the millennial golfer. Visit XGolfCanada.com for More Information. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. PDF 2022 Franchise Disclosure Document for X-Golf | FranChimp.com Franchise Disclosure Document (FDD) Database. Revenue. Indoor Golf Revenue Calculator - Indoor Golf Business Plan and Startup Food - Quick Service Restaurants Depending on what you offer, food and beverage income for an indoor golf center can be substantial. 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. Please renew to keep using our services. X-Golf Franchise Company Profile | Management and Employees List Play courses like Pebble Beach, Bethpage & Metropolitan, IMPROVE Many of these are one-time fees that are needed to launch the franchise. Painting with a Twist started from humble beginnings in 2007. To be part of the X-Golf team, you should be financially ready for an initial investment made up of a franchise fee and other startup costs. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. Please try again later. This is the brand new style of sport CAF & PUB, and you will be the first owner in your place ever. Selling a franchise requires a detailed but vital series of candidate assessments, as well as the wisdom to know when to walk away. Environmental Products and Services X-Golf is the home of indoor golf set in a fun and exciting sports bar and entertainment facility. X-Golf Franchise has 12 employees. Learn about their Amusement Parks, Arcades & Attractions, Hospitality market share, competitors, and X-Golf Franchise's email format. 19807 Hamilton Ave, Los Angeles, California, 90502, United States Phone Number (323) 400-6611 Website www.xgolfsimulator.com Revenue <$5M Industry Amusement Parks, Arcades & Attractions Recreation Hospitality X-Golf Franchise's Social Media Is this data correct? Proud Partner of X-Golf America. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. US, All of Canada. Accounting / Tax Services Customers can play at some of the worlds top golf courses and choose from numerous game formats on the simulator machines. Home - X-GOLF Indoor Golf Simulator | Virtual Golf Course & Driving There are now over 60 locations spanning half of the states in the U.S.A. and for the first time ever, Introducing the franchise model of XGOLF. Yes, all venues are fully licensed and offer a great range of food and beverage. Amusement Parks, Arcades & Attractions Hospitality. See why we're an Entrepreneur Magazine top-ranked franchise. Sitemap | Privacy Policy | Cookie Policy | Terms of Service. The franchise fee to for an X-Golf location of your own is $30,000. Through a combination of market experience, solid franchise partnerships, an effective profitable approach to the business, X-Golf will develop a national presence through the addition of new franchise units sold over the next five years. With their impressive engineering and ability to re-create ball flight to top-level accuracy, it may be easy to see why the franchise has sold thousands of systems since its inception. Definition: A ongoing fee paid to the franchisor on a regular basis. Beyond its role as the voice of the franchise industry, CFA strengthens and develops franchising by delivering best-practice education and creating rewarding connections between Canadians and the opportunities in franchising. [X-Golf reflects] promising trends in the millennial golfer. incorrect data. X-Golf Franchise Franchise Costs & Franchise Info | FranchiseClique.ca Location to location and seasons the months costs may vary. This article is based on the video featured above, originally recorded for Vetted Biz Youtube Channel. 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. Home - Inspection Services Enter an email address below and click 'Subscribe' to receive future newsletters and marketing communications. Franchise Disclosure Document (FDD) with an attorney and accountant. CARES Act) includes funds received via PPP (forgiven or expected to be forgiven), EIDL, SBA Loan Payments, and other small business grants. Fill out the form below to get more information about X-Golf Franchise Corp. franchise and we'll be in touch soon! We NEVER sell or share your information with any other third parties. Please looking for the most accurate simulator to measure your balls to analyse. Welcome to Yogi Bears Jellystone Park Camp-Resorts. Improving the numbers isn't as hard as some brands make it out to be, and getting just 10% better can result in amazingly amplified revenue. Franchise Consulting Services X-Golf is an indoor golf simulator and entertainment franchise that features the worlds most advanced golf simulator technology. High-tech golf entertainment venue to debut in St - Local Business News BOOK BELOW OR PLEASE CALL (07) 4249 3333 FOR BOOKINGS : Yes, we encourage players to bring their own clubs. Canada: 0 USA: 0, Franchise Units Franchise Disclosure Document (FDD) Database, Travel, lodging and meals for initial training, Adjustments to reconcile net income to net cash flows from, Net cash provided by (used in) operating activities. Business Aids & Services Pets - Sales / Supplies / Services E-Commerce Definition: The initial fee paid to a franchisor to join their system. 'X-Golf is about the progression of golf through entertainment, connectivity, inspiration, community and innovation. The estimated investment required to open a X-Golf Franchise is between $547,200-$900,000. Sorry. You dont need to consent as a condition of any purchase, and you can revoke consent 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. X-Golf is an indoor golf simulator and entertainment franchise that features the world's most advanced golf simulator technology. 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). FRANCHISE #1 PLAY THE WORLD'S BEST INDOOR GOLF FRANCHISE EXTREMELY FUN FRANCHISE, X-GOLF PLAY! 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. X-League offers golfers of all levels the opportunity to complete and socialize on the worlds best courses and most advanced virtual gaming simulators. X-Golf creates additional revenue maximising your valuable space. You are going to downgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback. View contact profiles from X-Golf Franchise Popular Searches X-Golf Franchise Corp pursuing a X-Golf franchise opportunity, review that franchise's Automotive & Truck Services / Products / Rentals Marketing Fund Contribution: 1% of gross sales. Net income has also increased as a percentage of total revenues in each of those years, reaching 27% of total revenue by 2020. Franchise | Xgolf X-GOLF Franchise Success with X-GOLF! 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). I am not talking about the four golf Majors, Tiger Woods or TaylorMade I am talking about golf economics., Lessons Given In Kiosk By X-Golf Professionals Annually, Followers Across Social And Digital Mediums. However we do have clubs for hire if required. Connect directly with X-Golf Franchise about its business opportunity. Industry firsts such as the variable lie stance platform and the automatic ball teeing system have allowed X-Golf to pull away from the pack. for X-Golf and should not be construed as such. FAST PLAY Play a full course in 90 minutes WORLDS COURSES X-Golf Analysis | Updated 2022 Worldwide Brand New Screen Golf, X-GOLF. Lawyers Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. Our listings and rankings are solely research tools you can use to compare opportunities. By submitting this form, I give consent for the companies listed on the right to contact me with information about their opportunity. at any time. By Parth Parth Published on 7 Apr 2022 Time 7 min read Last update by 25 Jun 2023 This article is based on the video featured above, originally recorded for Vetted Biz Youtube Channel. If youre passionate, have a positive attitude towards life and enjoy being part of a collective working towards revolutionising sports entertainment in Australia, then I look forward to creating a special business with you soon. Educational Products & Services There are several costs associated with opening a X-Golf Franchise Corp. franchise. To calculate how much income a franchise owner can do at X-Golf Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. . If you qualify, an X-Golf specialist will guide you through site selection, take you through the supplier relationship protocols, help you through sales customer relationship training, and provide any other business development sales and support that you may need. 90745. A specialist is available to advise franchisees on business model components such as real estate site selection and store fit-out, brand and local area marketing, business development sales and support, information systems implementation and training, and supplier relationships and purchasing discounts. Like so much else at X-Golf, its not enough to just play the game. Kampgrounds of America Inc. (KOA) is the worlds largest family. Food - Meal Assembly 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. X-GOLF ACADEMY is an indoor golf driving range for golf practice. 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! X Golf Franchise Cost, Fees & Financials (2023) | Vetted Biz X Golf Other Businesses Summary Key Metrics & Financials Franchisees General Industry Other Businesses Category Entertainment Year of Founding 2015 Works with Franchise Brokers Unlock Access Seeking Franchisees? They can now play and train at golf at their own level, pace and preference any time of year, rain or shine. This ranking is based on evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support,. You are going to upgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback. LookForaFranchise.ca - The Official Online Franchise Directory of the CFA Charging $30 per player assuming an average of 2.5 players per round at 1.5 hours for 18 holes yields an hourly rate of $50. Tanning Salons The Franchise X Factor: Be your own boss without the risk - X Golf 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. Commercial - Supplies / Equipment & Services Building 10, 163-179 Forster Road, Mount Waverly, VIC 3149. Thinking of investing in a X-Golf Franchise Corp. franchise? Canada: 0 USA: 85, Investment Required: How Is the X Golf Franchise Positioned in the Arcade, Food, and Entertainment Industry? 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. Personal contribution required: $75,000 Total Investment: Starting at $300,000 Add to Request Simply for Life. The current CEO is Ryan DArcy, who has been in that role since 2019. Michael Wezner has been working as a X-Golf Owner (Columbus) at X-Golf Franchise for 3 years. Whether the customer wants to shoot a round or compete with other golfers, the simulator is able to adapt and offer the versatility to account for local tastes and trends of golfers.Beyond that, the atmosphere is similar to a bowling alley. 3. Business - Supplies / Equipment & Services Golf lessons, practice, and fitting services are provided. 560 Lincoln Road, Suite 303 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. Contents How Much Is an X-Golf Franchise? Seniors Services / Home Care / Transition Where is X-Golf Franchise headquarters located? 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. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee. The Montreal Golf Academy is devoted to offering the highest quality golf instruction with an emphasis on an overall better understanding of technique. Home - Maid / Cleaning Services Founded in 2005, X-Golf Franchise Corp. specializes in Indoor golf entertainment centers. A huge passion for golf. Additional details about running this franchise. Catch up on the latest franchise news, trends, and more. X-Golf has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll. With X-Golf Commercial Installations you can now play golf whenever you like from the comfort of your office, complex, club house or onsite accommodation. XGOLF's franchise model is changed and settled through localization for each region. News, Amazing Offers & Inside Scoops. PDF X-golf: a Class of Its Own Enter an email address to be removed from future mailing and marketing communications. X-Golf America | 24416 S Main St Suite 301 | Carson, CA 90745 | Email: info@xgolfamerica.com And we didnt stop there. Custom Deck You are going to downgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback. Unlock Access Fees Marketing Fee 0 Royalty Fee 0% Franchise Fee X-Golf Analysis | Updated 2022 Subscribe to Our Newsletter to get Important Key insights Detailed statistics Golf course and country club market size in the U.S. 2013-2023 Detailed statistics Revenue of selected golf equipment/apparel companies worldwide 2012-2021. You also agree to our. There is socializing and consumption of alcohol to help create a vibrant atmosphere that allows customers to have fun on and off the tee. The estimated total investment necessary to begin the operation of an X-Golf Franchise ranges from $547,200 to $916,000. Over the last three years, 15 new X-Golf franchises have opened for an average of 5 new locations a year. The SANFL is setting up an X-Golf franchise. Browse franchises that are similar to X-Golf. Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business. and businesses you selected may call/text you about your inquiry, which may involve the use of 2023 Canadian Franchise Association. $40K Franchise Units Canada: 0 USA: 85 Investment Required: Inquire In Business Since: 2021 Available Territories: US, All of Canada CFA Member Since: 2022 Request Information Since opening in America in 2015, X-Golf has taken off. It may sound counterintuitive, but it is a great time to promote your brand and capture market share while competitors are in retreat. Canadian franchises contribute over $96 billion per year to the Canadian economy and create jobs for more than 1.8 million Canadians. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Copyright X-Golf America 2022 | Contact, This error message is only visible to WordPress admins. Since opening in America in 2015, X-Golf has taken off.There are now over 60 locations spanning half of the states in the U.S.A. and for the first time ever,X-Golf ownership is now available in Canada.The X-Golf franchise model offers an exciting business opportunity for those ready to pursue a new venturein a unique, non-saturated, developing sports and entertainment industry.Each X-Golf location has the full support of our Head Office team.X-Golf has specialist resources to advise on each of the following franchise components: Want to Become a Part of the X-Golf Franchise Family?Request More Information Below!