FranchiseVerdict
GOLFTEC logo
FV-01080·STRONGExcellent81

Golftec

OtherFranchising since 2003Website
Investment
$323K – $898K
77th pct Other
Avg revenue
50th pct Other
Royalty
5.0%
6th pct Other
Units
222
88th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $323K – $898K including a $45K franchise fee, 5.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 47/100. SBA loan default rate of 0.0% across 10 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
GOLFTEC Franchising LLC
Parent company
GOLFTEC Enterprises LLC
Incorporated in
Colorado
HQ
67 Inverness Drive East, Suite A, Englewood, Colorado 80112
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$175.5M
vs $186.4M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 GOLFTEC 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: $323K–$898K
Working capital
$
FDD reports $10K–$60K

Unlevered ROIC · per unit

17%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$113K
EBITDA margin
15.0%
Total invested
$645K
Payback
69 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

Franchisees operate golf instruction centers using proprietary swing analysis technology (3D motion capture) and coaching software. Day-to-day operations include scheduling student lessons, conducting swing assessments, managing coaching staff, retail merchandise sales, and facility maintenance. Revenue comes primarily from lesson fees and secondary revenue from branded equipment/merchandise sales.

CEO
Joseph L. Assell
Founded
2013
FDD year
2025
States available
17

Item 7 · what it costs

The Vitals

Total investment
$323K – $898K
All-in to open one unit
Liquid capital
$10K – $60K
Cash you must have on hand
Franchise fee
$45K
Royalty
5.0%
Gross Revenues · typical 6–8%
Ad fund
Up to 4% of Gross Revenues and .8% Merchandise Revenues, …
Total fee load
9.0%
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
222
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
179
Corporate units in the system
% franchised
19%
vs corporate-owned
Net growth (yr3)
+2.4%
Net unit change last year
3-yr CAGR
+4.9%
Compounded over last 3 years
2023
43+1
Franchised units
2024
42
Franchised units
2025
41
Franchised units

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

Item 20 · 16 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 · 16 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.

Total loans
10
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

47
Risk · 0-100
STRONG47 / 100

GOLFTEC presents moderate-to-elevated risk due to opaque unit economics, anemic growth, and lack of financial performance disclosure typical of mature franchise systems.

Score breakdown · what drove the 47 / 100 rating

  1. 01MEDNo Item 19 financial disclosure (average unit revenue and net income not disclosed) — inability to assess realistic ROI
  2. 02MINORMinimal system growth of 2.4% YoY with 222 units suggests market saturation or weak unit economics
  3. 03MINORWide investment range ($322K–$898K) indicates high variability in startup costs and unclear cost structure
  4. 04MINOR5% royalty on gross revenues (not net) erodes profitability, especially in seasonal golf instruction business
  5. 05MEDHigh initial franchise fee ($45K) relative to disclosed financial transparency and growth trajectory

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
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
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
Colorado

Item 11

Training & Operations

Classroom training
83 hrs
On-the-job training
29 hrs
POS system
GOLFTEC in-house POS
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

99 numbers

Locked
(781) 373-••••
MA
(714) 255-••••
CA
(818) 883-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

GOLFTEC · FDD (2025) PDF

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