Sports Thread is the leading social media-based network that connects student-athletes with team members, coaches, parents and fans. This allows them to network and promote themselves to colleges acro ...
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In the United States alone there are over 24 million golfers who annually play 465 million rounds of 18 hole golf on over 15,200 courses nationally. Golf is a game that can be played for a lifetime. New franchise businesses that cater to the customer base can gain a profitable customer for decades.
One of the key indicators of expansion in the golfing market is tracked by the number of beginning golfers that grew to over 2.5 million, that's nearly 14% increase which is a record high, from the 2.4 million set in the early 2000's, when Woods was at rapid ascent. An uptick from prior years shows Junior golfer is now one of the fastest growing demographics at around 2.9 million participants. Intercity youth are now becoming exposed to golf due to programs like The First Tee, Girls Golf sponsored by the LPGA and the Junior League Golf created by the Professional Golfers of America.
Golf franchise opportunities are currently available for entrepreneurs and business owners and of course golfing enthusiasts who are looking for a solid business investment that provides continual ROI. Franchises in the golf industry tend to have a high cash flow and maintain a solid profit margin depending on the franchise type.
The golf industry revenue is estimated to be nearly $70 billion per year. If golf travel and golf communities are included, that figure could be as high as $178 billion. The golf industry is a strong market to own a franchise with retail sales of equipment and apparel showing strong growth. The average golfer will spend around $1100 for their equipment and a Golf Magazine survey revealed that the average weekend golfer will spend around $2,776 per year on all their golf-related expenses. There is currently a small group of golf franchise listing opportunities at Franchise Clique, use our directory listing to do your research and help find the right option for your investment.
Here are some important points of information to research before you decide on which golfing franchise is best for your situation.
1. Check out all the other franchise locations and other types of golf franchise market competition in your area.
2. Research each golf franchise and list the services they offer and specialize in to determine the best fit for you.
3. Research each golfing franchise and make a chart that includes franchise fee, startup cost, cash investment, etc.
4. Call and talk with current franchise owners and get their opinion on the pros and cons of the different franchise options.
At Franchise Clique, we are proud to present a variety of retail golf franchise opportunities in our listings. Find your next investment today!
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