Monster Mini Golf

Family entertainment centers featuring glow-in-the-dark mini golf

Background

Founded: 2004 Franchising since: 2005

763 Westminster St.
Providence, Rhode island 02903

Phone:
(401)454-8100

Franchisor has 6 employee(s); 6 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	20	0	0	0
2008	--	--	--	--
2007	6	0	0	0
2006	10	0	0	1
2005	2	0	0	1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Virginia, Vermont, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Mexico, Western europe

Exclusive territories available.
Territory size: 100K population

Costs and Fees

Total investment: $336K-404.5K
Franchise fee: $30K

Ongoing royalty fee: 7%
Term of agreement: 5 years, renewable

Type of Financing Available

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

Qualifications
Net worth requirement: $404.5K
Cash liquidity requirement: $30K
Business Experience:

Hospitality skills

Operations

Number of employees needed to run franchised unit: 6 - 6
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)