GolfTEC

Founded: 1995 Franchising since: 2003

12450 E. Arapahoe Rd., #B Centennial, Colorado 80112

Phone: (877)446-5383

Franchisor is a privately-held company with 20 employee(s); 20 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	111	0	4	30
2008	103	0	2	28
2007	74	0	0	29
2006	42	0	0	25
2005	19	0	0	17

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.

Total investment: $111.5K-427.7K Franchise fee: $17.5K-35K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $250K
Business Experience:

• General business experience

Operations

• Franchise can be run from home
• 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)

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 500® rank:
#184 (2009);

Ranked #1 in category in:
2009;

Top Home Based Franchises:
#43 (2009);

America's Top Global Franchises:
#143 (2009);