Five Iron Golf Franchise FDD, Costs & Fees (2025)

Five Iron Golf offers indoor golf simulators, lessons, and leagues, providing a modern and social environment for golfers to practice and enjoy the sport year-round.

Founded in 2017 in New York City, Five Iron Golf quickly evolved from a single simulator studio into a global leader in indoor golf entertainment. Headquartered at 138 5th Avenue in New York, the company has expanded to over 30 locations across 13 U.S. states and five countries, including Singapore, India, Australia, and the UAE.

The brand began franchising in May 2022, offering a unique business model that blends golf, entertainment, and hospitality.

Each venue features cutting-edge TrackMan golf simulators, full-service bars, chef-inspired menus, and engaging social activities like pool and shuffleboard. These elements attract a broad customer base, from serious golfers to casual players and event-goers.

Five Iron Golf stands out through its focus on inclusivity and innovation. By combining high-tech training with a relaxed, welcoming atmosphere, it appeals to a diverse audience. Strategic industry partnerships and investments from leaders in hospitality further position the brand at the forefront of the growing “eatertainment” trend.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $50,000
Real Estate, Lease, Utility and Security Deposits $75,000 - $375,000
Leasehold Improvements $750,000 - $2,500,000
Design & Architectural Fees $40,000 - $75,000
Furniture, Fixtures, and Equipment $650,000 - $1,000,000
Interior and Exterior Signage $20,000 - $50,000
Computer System $5,000 - $10,000
Professional Fees $2,500 - $15,000
Opening Inventory $10,000 - $25,000
Opening Supplies $5,000 - $15,000
Grand Opening Program $35,000 - $50,000
Training Expenses (out-of-pocket costs for up to 3 people) $1,000 - $5,000
Insurance $5,000 - $10,000
Additional Funds – 3 months $80,000 - $150,000
Total Estimated Initial Investment $1,728,500 - $4,330,000
Type of Expenditure Amount
Initial Franchise Fee $50,000
Real Estate, Lease, Utility and Security Deposits $75,000 - $375,000
Leasehold Improvements $750,000 - $2,500,000
Design & Architectural Fees $40,000 - $75,000
Furniture, Fixtures, and Equipment $650,000 - $1,000,000
Interior and Exterior Signage $20,000 - $50,000
Computer System $5,000 - $10,000
Professional Fees $2,500 - $15,000
Opening Inventory $10,000 - $25,000
Opening Supplies $5,000 - $15,000
Grand Opening Program $35,000 - $50,000
Training Expenses (out-of-pocket costs for up to 3 people) $1,000 - $5,000
Insurance $5,000 - $10,000
Additional Funds – 3 months $80,000 - $150,000
Total Estimated Initial Investment $1,728,500 - $4,330,000

Franchise Disclosure Document

Number of units

Training

Five Iron Golf franchise provides a structured and detailed training program designed to prepare franchisees and their teams for successful operation. The training is broken into the following key components:

  1. Pre-Opening Training Program
    This mandatory program is conducted at the franchisor’s headquarters or another designated location. It is intended for the franchisee and up to two additional personnel. The training typically occurs over a period of approximately four weeks, depending on availability and the franchisee’s schedule. Topics covered include operations, management, customer service, marketing, financial reporting, and use of systems and software.
  2. On-Site Opening Assistance
    As part of their support, the franchisor sends a representative to the franchise location for up to five days around the time of the grand opening. This assistance helps ensure that operational procedures are being correctly followed and provides hands-on guidance to address any challenges that arise in real-time.
  3. Ongoing Training and Support
    After the initial training, the franchisor offers continuing training sessions, which may be conducted in person or online. These sessions may include updated procedures, marketing initiatives, product offerings, or other operational improvements. Franchisees may be required to attend at their own expense.
  4. Training for Successors or Transfers
    If there is a change in ownership or the appointment of a new principal operator, the franchisor may require the new individual to complete the full training program. This ensures consistent knowledge and execution across all locations.

Territory Protection

Five Iron Golf franchis offer territory protection to its franchisees under certain conditions.

Each Franchise Agreement includes a defined “Designated Area,” within which the franchisor agrees not to operate or license another traditional Five Iron Golf franchise. This exclusive territory is determined based on factors such as population density, market potential, and geographic boundaries.

However, this protection does not extend to non-traditional venues, such as airports, stadiums, or mobile units, which the franchisor may establish within any market, including the franchisee’s designated territory.

Competitors

Below are some of

Five Iron Golf

key competitors in the

Indoor Games

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
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Gross Profit
Upgrade
EBITDA
Upgrade

0

New
+
n.a.
n.a.

$50,000

$1,729,000

$4,330,000

n.a.

$1,827,000

$xxx,xxx

82.0%

xx%

n.a.

26.2%

xx%

n.a.

Competitors

810 Bowling

810 Billiards & Bowling is an entertainment franchise combining bowling, billiards, and dining. It provides a social venue where guests can enjoy games, food, and drinks in a lively environment.

Franchisees

?

5
+
400%
400%
Investment

?

$2,942,000 - $4,967,000

Monster Mini Golf

Monster Mini Golf is a family entertainment franchise featuring indoor, glow-in-the-dark miniature golf courses along with arcade games, party rooms, and themed attractions.

Franchisees

?

25
+
25%
25%
Investment

?

$885,000 - $1,535,000

PickleRage

PickleRage offers pickleball equipment and accessories, providing players with high-quality gear to enhance their performance on the court.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$788,000 - $1,715,000

Ace Pickleball Club

Ace Pickleball Club provides dedicated pickleball facilities, offering courts, equipment, and programs for players of all levels to enjoy the sport.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$940,000 - $1,895,000

Bricks 4 Kidz

Bricks 4 Kidz offers educational programs using LEGO® bricks, providing hands-on learning experiences that promote creativity, problem-solving, and teamwork for children.

Franchisees

?

135
+
-12%
-12%
Investment

?

$44,000 - $183,000

Big Air Trampoline Park

Big Air Trampoline Park offers a variety of indoor trampoline attractions and activities, providing a fun and energetic experience for families and groups.

Franchisees

?

10
+
25%
25%
Investment

?

$1,749,000 - $4,213,000