x golf franchise revenue

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. Franchise Consulting Services Play courses like Pebble Beach, Bethpage & Metropolitan, IMPROVE Hospitality Products / Services This is up from $79,662 and $39,315 in 2019 and 2018, respectively. 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. 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. Franchise; Proud Partners; About X-Golf; Tournaments. (c/), The X-Golf Franchise Corporation was profitable in 2020 with a net income of. X Golf - Vetted Biz This company is offering new franchisees throughout the US. Custom Deck 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. Definition: The initial fee paid to a franchisor to join their system. 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. Commercial - Janitorial Services We promise you to offer successful opening with exclusive policy. Locations Near You. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high. Stay up to date on the latest news and trends affecting the franchise industry. X-Golf is a unique business model, thankfully weve always felt that we were part of a bigger family. Tanning Salons However we do have clubs for hire if required. We recommend that anyone seriously interested in X-Golf is an indoor golf simulator and entertainment franchise that features the world's most advanced golf simulator technology. 5-7 days to be processed. Weve delivered a modern solution. . 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. Beyond that, the atmosphere is similar to a bowling alley. 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. We are focused on building our brand through X-Golf Franchise Centers across North America. A BRAND NEW FRANCHISE POP SHOES AND GO SPORT, TOGETHER UNDER THE SAME ROOF. 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. Home - Inspection Services Golf Advisor Become Part of the X-Golf Franchise Family Since opening in America in 2015, X-Golf has taken off. The following costs are part of the upfront costs included in the initial investment for an X-Golf franchise. Food - Baked Goods / Coffee / Donuts Real Estate X-League offers golfers of all levels the opportunity to complete and socialize on the worlds best courses and most advanced virtual gaming simulators. With up-to-date technological inventions such as the variable lie stance platform and a system that automatically tees, X-Golf provides customers with an avenue to practice and a quality golf club, all from the comfort of your home. Inquire, Available Territories: PLEASE BOOK BELOW OR CALL (07) 3157 6105 FOR BOOKINGS: BOOK BELOW OR PLEASE CALL (03) 5223 1918 FOR BOOKINGS : BOOK BELOW OR PLEASE CALL (03) 5975 0450 FOR BOOKINGS : COVID-19 SAFETY MEASURES & RESTRICTIONSWe have implemented some new measures and guidelines to ensure you are coming back to a safe space. Seniors Services / Home Care / Transition In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. Our family friendly venues are perfect for young and old, male and female. incorrect data. Recently Updated Team Members. Copyright X-Golf America 2022 | Contact, This error message is only visible to WordPress admins. 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. X-Golf Analysis | Updated 2022 Business Services / Office Space / Coworking Space maintain accurate franchise data but does not guarantee nor assume liability for Children's Products & Services BOOK BELOW OR PLEASE CALL (07) 4249 3333 FOR BOOKINGS : Yes, we encourage players to bring their own clubs. Printing / Copying / Shipping Revenue. Certain individuals may quality for a Green Card, Prefer to self-direct? Here are all of the ways you can find X-Golf Franchise Corp. online. The X-Golf Franchise Corporation has also seen a relative decrease in costs across this time period, getting down to 62% of total revenue. Teams of three battle head to head in a 9-hole handicapped match play format held weekly at X-Golf venues throughout Australasia. Its business model has been proved well in U.S.A, Australia. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Home - X-GOLF Indoor Golf Simulator | Virtual Golf Course & Driving 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 - Datanyze: Find Business Contact Info Performing this action will delete your account. News, Amazing Offers & Inside Scoops. The Franchise X Factor: Be your own boss without the risk - X Golf Insurance Hold your next event at X-Golf and Eat, Drink and Play! This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee. Wine Making. The Montreal Golf Academy is devoted to offering the highest quality golf instruction with an emphasis on an overall better understanding of technique. X-Golf Canada. The typical simulator rate is in the $35-$40 an hour range. X-Golfs main competitor in the golf-related entertainment space is Top Golf, which is set up as a driving range with outfield targets and serves food and beverages. 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. 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. X-Golf Franchise Cost, Information, Reviews, Fees, and More. The X-Golf Franchise Corporation was profitable in 2020 with a net income of $156,059. The Franchise Mall makes every effort to The X-Golf brand was founded in 2005. WORLDS COURSES You do not need to be a golf expert to start your X-Golf franchise. View contact profiles from X-Golf Franchise Popular Searches X-Golf Franchise Corp XGOLF America Inc Mobile Businesses Alternative Dispute Resolution 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. Golf Industry - Statista - The Statistics Portal for Market Data This company is offering new franchisees in the following international regions: Canada. It may sound counterintuitive, but it is a great time to promote your brand and capture market share while competitors are in retreat. By pressing Submit Information Request, you agree that FranchiseClique.ca, websites, our network Contact Information Headquarters 24416 S Main St Ste 301, Carson, California, 90745, United States (323) 400-6611 X-Golf Franchise Profile and History 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. Business Aids & Services Over the last three years, 15 new X-Golf franchises have opened for an average of 5 new locations a year. The Best Indoor Golf Simulator to Grow Your Business | Golfzon Blog Home - Improvement / Renovation / Restoration Initial Franchise Fee: $30,000 Total Investment: $547,200 to $900,000 Working Capital: $20,000 to $30,000 Royalty Fee: 6.0% The initial purchase price of any franchise includes several fees. There are now over 60 locations spanning half of the states in the U.S.A. and for the first time ever, Birthdays, corporate and bucks nights Fun times. X-Golf is the home of indoor golf set in a fun and exciting sports bar and entertainment facility. We NEVER sell or share your information with any other third parties. Building & Design Services X-Golf Franchise revenue is $1.2 M. How many employees does X-Golf Franchise have? listed above. X-golf America Inc: Accountant I | WayUp There is an initial franchise fee of $30,000 which grants you the license to run a business under the X-Golf name. You must be logged in to view this form. Canada: 0 USA: 0, Franchise Units 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. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few. By 2015, X-Golf began franchising. Previously, he served as Director of Franchise Operations and Director of Sales & Business development of both the X-Golf Franchise Corporation and its parent company, X-Golf America. Find out: We are always open to discuss opportunities with enthusiastic and hardworking partners who are eager to join our expanding network and the ability to become a successful business owner. X-Golf is about the progression of golf through entertainment, connectivity, inspiration, community and innovation. 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. 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. X-Golf Owner (Columbus) at X-Golf Franchise Canada franchise in Montral, Qubec - Canada Franchise Opportunities Digital Marketing / Website Development 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. However, the growth in new franchises has slowed and franchise profits decreased significantly in the most recent period. Every day I pinch myself when I am driving into the office that I get to work in sport with the best people helping the best franchisees serving the best customers on the best golf simulators in the world. Find out below. 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! Here are some additional details about X-Golf Franchise Corp.. X-Golf Franchise Corp. offers several support options to its franchisees. Montreal Golf Academy - Overview, News & Competitors - ZoomInfo X-Golf Franchise Corp.24416 S Main St Suite 301 . X-Golf is a franchised business that operates indoor golf entertainment facilities. Amusement Parks, Arcades & Attractions Hospitality. X-Golf was founded in 2005, and since then over 3,000 systems have been sold worldwide, providing golf enthusiasts with a unique experience that emphasizes innovation coupled with honesty and integrity.
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