X-Golf Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$35,000
Investment required
$994,000 – $1,940,000
X-Golf: Revolutionizing Indoor Golf Entertainment
Established in 2005 in South Korea, X-Golf has emerged as a global leader in indoor golf simulation technology. The company is headquartered in Los Angeles, California, and began franchising in 2016. X-Golf offers state-of-the-art indoor golf simulators that provide an authentic and immersive golfing experience, catering to both enthusiasts and newcomers.
What sets X-Golf apart is its cutting-edge technology, which delivers unparalleled accuracy and realism in golf simulation. This commitment to innovation has positioned X-Golf as a pioneer in the indoor golf entertainment industry, attracting a diverse clientele seeking a unique and engaging recreational activity.
By combining advanced simulation technology with a welcoming atmosphere, X-Golf has successfully differentiated itself from competitors, offering a distinctive blend of entertainment and sports that appeals to a wide audience.
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 |
$35,000 – $35,000 |
| Rent (one month) |
$7,500 – $22,000 |
| Lease Security Deposit |
$7,500 – $22,000 |
| Utilities |
$1,000 – $3,000 |
| Leasehold Improvements |
$400,000 – $750,000 |
| Market Introduction Program |
$5,000 – $10,000 |
| Golf Simulators |
$400,000 – $675,000 |
| Video Replay and Lessons software |
$0 – $12,000 |
| Furniture, Fixtures, and Other Equipment |
$75,000 – $130,000 |
| Computer Systems |
$1,500 – $2,500 |
| Insurance (3 months) |
$4,000 – $9,000 |
| Signage |
$20,000 – $40,000 |
| Office Expenses |
$3,000 – $10,000 |
| Inventory – From Our Affiliate |
$0 – $5,000 |
| Inventory – Other |
$5,000 – $25,000 |
| Licenses and Permits |
$1,500 – $40,000 |
| Dues and Subscriptions |
$500 – $2,500 |
| Professional Fees (lawyer, accountant) |
$2,500 – $7,500 |
| X-Golf Sales Training |
$2,500 – $2,500 |
| Travel, lodging, and meals for training |
$2,000 – $7,500 |
| Sales and other taxes and fees |
$0 – $99,000 |
| Additional funds (for first 3 months) |
$20,000 – $30,000 |
| Total |
$993,500 – $1,939,500 |
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Franchise Disclosure Document
Training
The X-Golf franchise provides the following training programs to franchisees:
- Pre-Opening Training
X-Golf offers a standard pre-opening training program to the Principal Executive and up to two other employees. This program is conducted at X-Golf’s headquarters or a designated X-Golf business. While the training itself is free, the franchisee bears all travel, lodging, and meal expenses. The length and content may vary based on attendees' experience and skills. - New Franchisee Training
The Principal Executive and the designated manager must complete a training program to X-Golf’s satisfaction at least four weeks before opening. This includes sales training by a third-party vendor, which is at the franchisee's expense. - Customized Sales Coaching Program
A specialized training program is provided through a third-party vendor, focusing on sales and revenue growth. This includes 24 weeks of one-hour weekly training calls, daily lesson videos, webinars, and customized coaching. This program costs $2,500 and starts before the business opens. - General Manager Training
The franchise requires employing a full-time general manager who has completed the training program. Training a new general manager costs $3,500. - Post-Opening Training
X-Golf may mandate additional training programs for the Principal Executive or employees at any location, format, or time. Franchisees may also be required to train their employees as per X-Golf's directives, bearing related travel and other expenses.
Territory Protection
X-Golf grants franchisees exclusive territory protection, typically within a 7-mile radius or areas with at least 100,000 people. Within this zone, no other company-owned or franchised outlets are established offering similar services.
However, X-Golf may sell within the territory via online or direct marketing without compensating the franchisee. This exclusivity is not contingent on sales or market performance, ensuring consistent protection.
