GolfCave offers indoor golf simulators and training facilities, providing a fun and convenient way for golf enthusiasts to practice and improve their game.
KEY FRANCHISE STATS
Franchisees
?
0
+
n.a.
n.a.
Franchise fee
?
$50,000
Investment
?
$501,000 - $999,000
Revenue (AUV)
?
Undisclosed
$741,000
+
n.a.
n.a.
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GolfCave is a growing indoor golf franchise that was founded in 2012 in Clark, New Jersey. The company is headquartered at 1 Clarkton Drive in Clark, NJ, and began franchising in 2022. GolfCave Franchising LLC supports franchise development from this New Jersey base.
The brand offers private, high-tech golf simulator suites known as “Caves.” These suites use advanced TrackMan technology and are available for use 24/7.
GolfCave generates revenue through memberships, lessons, pay-per-play tee times, and private events. It stands out by providing a premium, weather-proof golfing experience supported by modern technology.
Initial investment
The initial investment required for a GolfCave franchise is
$501,000 - $999,000.
That is the total cost you would need to finance 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
Training expenses (transportation / lodging)
$2,000 - $5,000
Real property, if leased
$12,750 - $48,000
Construction / remodeling / leasehold improvements
$207,967 - $448,313
Office equipment and supplies, décor, fixtures and furnishings
$42,693 - $74,713
CPUs, monitors, televisions, projectors, and miscellaneous electronics
$32,000 - $56,000
Golf simulators (includes first year of simulator software)
GolfCave provides a structured and multi-layered training program to equip franchisees with the knowledge and skills required for successful operation. The following is a numbered summary of the key training components:
Initial Training Program: Before opening, the franchisee, Managing Owner, and General Manager must attend and complete the Initial Training Program, which is conducted by GolfCave at no cost for up to three people. Additional trainees are charged $500 per person per day. The franchisor determines the schedule, location, and curriculum of this training.
Post-Opening Management Training: Any Managing Owners or General Managers appointed after the store's opening must also attend and complete the next scheduled Initial Training Program. All travel and living expenses are the responsibility of the franchisee, and the training fee is $500 per day per trainee.
Optional On-Site Training: Franchisees may request on-site assistance and training from GolfCave after the initial program. While optional and subject to staff availability, this service costs $1,500 per day.
Territory Protection
GolfCave provides franchisees with a Development Territory as part of the Area Development Agreement, within which they are expected to develop and operate their franchised businesses.
During the term of this agreement, neither GolfCave nor its affiliates will establish company-owned outlets or grant other franchises under the same proprietary marks in this area, provided the franchisee remains in compliance.
The specific boundaries of the Development Territory are determined based on factors like population density and market conditions and are detailed in Exhibit A of the agreement. However, this territory protection is not absolute.
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