5/10

Franchimp Summary Rating

3 /10
Higher than 70% of peers

Franchise Summary

Description
The franchised business is to operate an indoor golf entertainment facility serving food and beverages in a fun and upbeat atmosphereunder the trade name "X-Golf". The experience will center around the use of golf simulators which provide anopportunity for customers to play golf indoorson a simulator machine. The customers will range from avid golf enthusiasts to first time golfers seeking a fun experience. Each location will also offer refreshments in the form of foodand alcoholic (wine and beer required) and non-alcoholic beverages.
Company Background
X-Golf is a franchised business that operates indoor golf entertainment facilities. Our mission is to offer the experience of playing real golf indoors with an opportunity for customers to play on simulator machines and enjoy refreshments such as food and alcoholic beverages. We believe you should be able to enjoy great food, friends, and drinks while also enjoying the game of golf.
Franchise Opportunity
Indoor golf entertainment facilities are popping up all over the country, but there's still room for innovation in this industry. These businesses are typically very similar, with little differentiation between them. This can make it difficult to attract customers who have a wide variety of interests. X-Golf is different. We offer an experience that is truly unique, thanks to our top-of-the-line golf simulators. Our locations also serve food and drinks, making it the perfect place to spend an afternoon or evening.
Corporate Structure
X GOLF Franchise Corporation is a California corporation. They were created on February 27, 2015. Their principal business address is 24416 Main St., Ste 301, Carson, CA 90745. They have offered franchises since 2015.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Sports & Recreation Industry

$413,821 / unit

Franchise Type: Standard

Average Revenue During 2020

$413,821
$413,821
Industry Low
$2,016,700
Industry High

Average Gross Profit Per Unit

Compared vs. Sports & Recreation Industry

$354,606 / unit

Franchise Type: Standard

Average Gross Profit During 2020

$354,606
$354,606
Industry Low
$480,982
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

X-Golf Franchise System Development in 2022

FAQ

How much investment do I need to start my own X-Golf business?
Franchisees typically require at least $993 to $1 investment to get their X-Golf business started
What are the initial franchise fees for X-Golf?
Franchisees typically need to pay at least $435 in fees directly to X-Golf in order to earn the right to launch their business
How much money can I make with a X-Golf franchise? What are the average revenues for a typical X-Golf business?
We estimate that the average revenue of an individual X-Golf unit is approximately $413,821. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a X-Golf unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

3 /10
The Franchisor's investment costs ranges from $993,500 to $1,939,500 which is Much Higher than the $0 to $0 average in the Sports & Recreation industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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