Golf VX FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for Golf VX, a premier entertainment center featuring indoor golf simulators, indoor entertainment and tournaments, golf instruction, and a sports bar serving a menu of gourmet food and beverage accommodations. The franchisor offers individual unit venue franchises and area development franchises for the development of multiple venues within a designated territory.
Corporate Information
Golf VX Franchising, LLC is an Illinois limited liability company established on October 4, 2023. Their principal place of business is 1945 Techny Road, #8, Northbrook, Illinois 60062. They began offering franchises as of January 23, 2024.
Investment
The total investment necessary to begin operation of a Golf VX Venue under a franchise agreement is $735,530 to $1,585,127. This includes $191,956 to $721,635 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a Golf VX Academy under a franchise
agreement is $414,430 to $782,767. This includes $191,956 to $721,635 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a Golf VX venue under a multi-unit development agreement is $444,430 to $1,690,127. This includes $191,956 to $721,635 that must be paid to the franchisor or its affiliates, along with a $25,000 to $35,000 development fee for each additional venue established under the multi-unit development agreement. The minimum amount of Golf VX venue’s you can operate under a multi-unit development agreement is one and the maximum amount is five.
