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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$130K - $185K
Units as of 2018
1 0.0% over 3 years

Company Overview

About GolfU

Founded
2015
Parent Company
GolfU Franchises LLC
Leadership
Brad Hare, CEO

Franchising Overview

Franchising Since
2018 (3 years)
# of employees at HQ
1
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
1 (as of 2018)

Franchisor Information

Corporate Address
22 Tanager Wy.
Medford, NJ 08055

Information for Franchisees

Here’s what you need to know if you’re interested in opening a GolfU franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$25,000
Initial Investment
$130,100 - $185,450
Net Worth Requirement
$130,000 - $131,000
Cash Requirement
$39,000 - $40,000
Royalty Fee
6%
Ad Royalty Fee
1%
Term of Agreement
10
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
GolfU has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
8 hours
Classroom Training
8 hours
Ongoing Support
Newsletter
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Marketing Support
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where GolfU landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021