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Putt-Putt Fun Center

Putt-Putt, LLC

Company Information

1414 Raleigh Road, Suite 410

[email protected]

Putt-Putt, LLC is a North Carolina limited liability company formed on December 7, 2004 previously known as PPC Investments LLC. Our principal place of business is located at 1414 Raleigh Road, Suite 410, Chapel Hill, North Carolina 27517. Our agents for service of process are listed on Exhibit D to this Disclosure Document. PPLLC does business under the names 'Putt-Putt, LLC' and 'Putt-Putt'. Background, Predecessors and Affiliates. Mr. Don Clayton, doing business under the name 'Clayton and Associates', began operating and franchising Putt-Putt Golf Courses in North Carolina in 1954. We have offered Putt-Putt franchises since our inception in December 2004. Putt-Putt Marketing, Inc., a corporation formed in North Carolina on April 8, 1959 under the name 'Putt-Putt National Tournaments, Inc.,' is our only affiliate ('PPM'). PPM was originally formed to sponsor professional miniature golf tournaments throughout the United States. In 2002, Putt-Putt National Tournaments, Inc. changed its legal name to 'Putt-Putt Marketing, Inc.' PPM administers the advertising funds paid by franchisees. Its principal office is located at 1414 Raleigh Road, Suite 410, Chapel Hill, North Carolina 27517. Except as described above, PPLLC and PPM have not and do not engage in any other business activities and have not offered franchises in this or in any other line of business.

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Franchise Rating

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of Putt-Putt Fun Center Franchisee

Employee Contact Database

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Summary of Investment Costs

Upfront Franchise Fees

Minimum: $20,000 Maximum: $50,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $420,000 Maximum: $5,470,000

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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