Five Iron Golf FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers franchises for high-tech, multi-functional indoor golf simulator and entertainment facilities open to the general public that offer top-of-the-line golf simulator bays, professional golf lessons, custom golf club fittings, weekly league play, monthly memberships, club storage, events of all sizes, ancillary game options, retail items and other products and services we require. Five Iron Golf centers also contain a full restaurant and bar that serves high-end food and beverage products.
Five Iron Golf Franchising LLC is a New York limited liability company formed on April 5, 2022. Their principal business address is 883 Avenue of the Americas, Fl. 3, New York, New York 10001. They began offering franchises for Five Iron Golf Centers as of May 2022.
The total investment necessary to begin operation of Five Iron Golf center franchise is $1,426,500 to $4,205,000, which includes $50,000 that must be paid to the franchisor or their affiliates.
If the franchisor agrees to grant you development rights for additional Five Iron Golf centers, you must pay them a development fee equal to $50,000 (the initial franchise fee for the first Five Iron Golf center) plus a deposit of $25,000 for the second Five Iron Golf center you will develop and each additional Five Iron Golf center you will develop (you must develop a minimum of 2 Five Iron Golf centers).