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FranchiseVerdict

DEFY vs Five Iron Golf

Franchise Comparison 2026

Both DEFY and Five Iron Golf are recreation & entertainment franchises. DEFY requires an investment of $2.7M – $4.2M while Five Iron Golf requires $1.7M – $4.3M. In terms of revenue, Five Iron Golf reports higher average unit revenue at $2.4M. Note: Company-owned outlets only - not franchisee performance. FranchiseVerdict rates DEFY B (Above average) and Five Iron Golf B (Above average).

Investment Range
$2.7M – $4.2M
$1.7M – $4.3M
Franchise Fee
$60K
$50K
Royalty Rate
6.0%
7.0%
Average Revenue (Item 19)
$2.0M
$2.4MCompany-owned only
SBA Charge-Off Rate
N/A
N/A
Total Units
61
37
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2018
2022
FDD Year
2022
2024