Click to Print This Page
Entrepreneur: Start & Grow Your Business

LTS LeaderBoard

Golf tournament scoring, administration & sponsorships

Background

Founded: 1995 Franchising since: 2001
21043-2591 Panorama Dr.
Coquitlam, British columbia V3E 2Y0
Phone:
(800)411-4448/ (604)468-2211


Franchisor is a privately-held company with 8 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 23 2 3 1
2006 24 2 3 1
2005 24 1 3 1

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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Based on minimum 50,000 population & golf course density

Costs and Fees

Total investment: $49.8K-173.9K
Franchise fee: $18K-71.1K
Ongoing royalty fee: Varies
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: $200K
Cash liquidity requirement: $49K-102K
Business Experience:
  • General business experience
  • Marketing skills
  • Golf knowledge

Operations
  • Franchise can be run from home
  • 3.5% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2-1/2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • National media
  • Regional advertising