GolfCave FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will open and operate one or more GolfCave businesses that operate indoor golf facilities providing golfers of all skill levels the ability to play or practice on a golf simulator in the privacy of their own “Cave,” and related programs, products and services. GolfCave is primarily a membership-based, recurring revenue model, with a simple concept and a goal to give golfers the best indoor golf experience.
Corporate Information
GolfCave Franchising, LLC is a New Jersey limited liability company organized in May, 2022. Their principal business address is 1 Clarkton Drive, Clark, New Jersey 07066.
Investment
The total investment necessary to begin operation of one GolfCave franchised Store is from $500,570 to $998,636, including $50,760 that must be paid to the franchisor or its affiliate. The total investment necessary to begin operation as a franchisee under an Area Development Agreement is from $552,570 to $1,383,636 (assuming, for the low end of the range, you agree to develop 3 Stores and, for the high end of the range, you agree to develop 10 Stores, although this is not a maximum), including $100,000 to $430,000 that must be paid to the franchisor or its affiliate (which is credited toward the initial franchise fees you will pay for each Store you develop).
