FranchiseVerdict
Golf VX logo
FV-01078·CAUTIONExcellent86

Golf VX

OtherFranchising since 2024Website
Investment
$340K – $2.6M
78th pct Other
Avg revenue
50th pct Other
Royalty
6.0%
17th pct Other
Units
3
20th pct Other
SBA default

Bottom line

  • Total investment $340K – $2.6M including a $35K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 75/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Golf VX Franchising, LLC
Parent company
Golf VX Corp.
Incorporated in
Illinois
HQ
1945 Techny Road, #8, Northbrook, Illinois 60062
Auditor
PNJK Partners LLP
Audited financials
Franchisor revenue
$0
vs $56K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Golf VX unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $340K–$2.6M
Working capital
$
FDD reports $12K–$156K

Unlevered ROIC · per unit

7%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$113K
EBITDA margin
15.0%
Total invested
$1.5M
Payback
164 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Golf VX franchisees operate golf entertainment/instruction centers or golf-related venues, likely combining simulator technology, coaching services, and retail/food operations. Day-to-day operations include managing customer bookings, instructor scheduling, equipment maintenance, facility upkeep, and point-of-sale management while paying 6% of gross sales to corporate.

CEO
Kyu Choi
Founded
2023
FDD year
2026
States available
2

Item 7 · what it costs

The Vitals

Total investment
$340K – $2.6M
All-in to open one unit
Liquid capital
$12K – $156K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
3
Opened
2
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
67%
vs corporate-owned
2024
2+2
Franchised units
2025
0
Franchised units
2026
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 3 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 3 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

75
Risk · 0-100
CAUTION75 / 100

Golf VX presents HIGH RISK due to a microscopic 3-unit system with active fraud litigation, undisclosed financial metrics, and potential franchisor solvency concerns—unsuitable for most investors.

Score breakdown · what drove the 75 / 100 rating

  1. 01MINOROnly 3 units systemwide with unknown growth trajectory indicates minimal market validation and potential system contraction risk
  2. 02HIGHActive litigation involving founder/principal alleging breach of contract and fraudulent concealment creates credibility and operational uncertainty
  3. 03MEDNo disclosed average revenue or net income data prevents ROI assessment and suggests either poor performance or deliberate opacity
  4. 04MEDHigh investment range ($339K-$2.5M) with 6% royalty on undisclosed sales creates profitability uncertainty and potential cash flow stress
  5. 05HIGHGoing concern status is FALSE, which may indicate accounting/solvency red flags at corporate level
  6. 06MINORTiny franchisee base (3 units) means minimal peer support network and franchisor scalability concerns
  7. 07HIGH10-year term is long commitment for an unproven, litigation-encumbered, sub-5-unit system

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius and Population
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Illinois

Item 11

Training & Operations

Classroom training
15 hrs
On-the-job training
25 hrs
POS system
Toast and Square
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

3 numbers

Locked
(212) 416-••••
NY
(701) 328-••••
NC
(360) 902-••••
UT

One-time purchase · CSV download · Validation questions included

FDD download

Golf VX · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above