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Conference 7.286::golf

Title:	Welcome to the Golf Notes Conference!
Notice:	FOR SALE notes in Note 69 please! Intros in note 863 or 61.
Moderator:	FUNYET::ANDERSON

Created:	Tue Feb 15 1994
Last Modified:	Fri Jun 06 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	2129
Total number of notes:	21499

611.0. "GOLF Discount Store franchises" by MJOFS::FAGLEY (beat the resident) Wed May 17 1989 11:24

      Has anyone out there ever considered opening a "golf discount
    store"?  I was reading golf digest and notices adds for franchise
    businesses.  I believe there is a market for such a thing in my
    area.  We don't have Nevada Bobs, Edwin Watts, Las Vegas Golf, Golf
    USA, or any other discount house.  I live in a fairly small town
    (50,000 pop.) with 4 courses in the immediate area.  Our membership
    at our C.C. has gone from 280 to 420 in 2 years and golf is
    increasingly popular in the area.  GOLF USA, and Integrity Golf
    both are sending me franchise info.  Anyone familiar with these
    folks?
    
    Rick

T.R	Title	User	Personal Name	Date	Lines
611.1	Good piece of pocket change...	MSEE::KELLEY	Custom clubs/club repair	`Wed May 17 1989 11:38`	10
	Rick, I hope you aren't to shocked when you get the info from Golf USA. I sent for the info a while back and I was quite surprised at the figures (I don't remember off the top of my head what they were, so I won't guess at it)... Gene
611.2		OBRIEN::KEVIN	Custom Clubs & Repair	`Wed May 17 1989 13:55`	6
	I saw those adds and was wondering myself. Can one of you guys post the numbers? Right now I don't have a morgage on my daughter so....-:) KO
611.3	ex	MJOSWS::FAGLEY	beat the resident	`Wed May 17 1989 15:05`	4
	I'll post numbers when the information arrives. I'm wondering if 100K would do it? Rick
611.4	spending your Kids' inheritance	VICKI::SMITH	Consulting is the Game	`Thu May 18 1989 14:09`	10
	re: .3 Rick, here's another way of asking "if 100K would do it". Question: If DEC offered me the rumored Early Retirement package, would I have enough dough to open a Golf store? see ya at the 19th., Bob
611.5	"I shot a 7, but they wouldn't give me the money!"	PIGGY::MCKINNON	grab a bag of bats, killer	`Fri Jul 14 1989 15:10`	23
	I've looked in to a few of these. Golf USA requires a $25K (a couple of years ago, anyway) 'consulting' fee, then you have to purchase your inventory and lease your building (approx. $150-200K). Integrity Golf is around the same. These are not franchises. You own them and pay no royalties. The consulting fee is a one time fee which generally includes a training period, 2-4 weeks, a market survey, assistance in preparing your business plan and securing a small business loan. They also help you set up and open the store. Nevada Bob's is a franchise, of which the rights to almost all of New England are owned by an individual by the name of Pat (I think) Riley. (No, not G.Q. Riley). The only exception is out west of 495 to Springfield. This man has the reputation of going into areas and undercutting prices to drive competition out. (It's a strong possibility this will happen to Golf USA in Nashua). Pro Golf Discount is also a franchise. Sorry, I don't have too much info on them. Hope this helps a little. If anyone else has more info, I'd be interested. Len