About
Founded
1995
Franchising Since
2003 (15 Years)
Corporate Address
12450 E. Arapahoe Rd., #B
Centennial, CO 80112
CEO
Joe Assell
Financial Requirements
Initial Investment ⓘ
$125,345 - $470,445
Net-worth Requirement ⓘ
$800,000
Liquid Cash Requirement ⓘ
$250,000
Ongoing Fees
Initial Franchise Fee ⓘ
$17,500 - $35,000
Ongoing Royalty Fee
5%
Ad Royalty Fee
4%
Financing Options
GolfTEC has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, accounts receivable
Support Options
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
On-The-Job Training:
online, as needed
Classroom Training:
10 days
Absentee Ownership Allowed
Number of Employees Required to Run:
5
Bio
GolfTEC was created in 1995 by Joe Assell and Mike Clinton, both graduates of the Professional Golf Management program at Mississippi State University. Now based in Centennial, Colorado, the company began franchising in 2003.
GolfTEC centers offer indoor golf lessons, using video and motion measurement to analyze students' swings and offer visual instruction. The company has also developed a golf club fitting process to help players find the clubs that best suit them from a database of over 1,000.
Cost
Initial Investment: Low - $125,345
High - $470,445
Units
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Related Franchises
Franchise Articles
A Good Accountant Is Key to a Good Franchise Operation. Here's How to Find One.
Three experts share tips for getting the most out of your CPA.
How This CEO Built a Fitness Empire of More Than 150 Locations
Eric Casburi, CEO of Retro Fitness, talks about turning one gym into over 150 fitness clubs across the United States.
How This Immigrant Entrepreneur Is Helping Others Achieve the American Dream
Patrice & Associates franchisee Mercedes Concepcion-Gray works to uplift the Latina community.
This Coworking-Space Franchise Is Winning Without the WeWork-style Perks
Office Evolution might not have kombucha on tap, but it has a nationwide community of entrepreneurs who are willing to lend a helping hand.
New Year, New Career: Becoming Your Own Boss in 2019
Kumon Franchisees share stories of drastic career changes-proving that it's never too late to follow your passion.
