Popstroke Franchise Cost – Popstroke Startup Costs
Are you looking for a unique and exciting franchise opportunity in the family entertainment industry? Look no further than PopStroke Entertainment, co-owned by the legendary golfer Tiger Woods and entrepreneur Greg Bartoli. With its innovative golf entertainment concept and cutting-edge technology, PopStroke is set to revolutionize the way people experience golf.
PopStroke is rapidly expanding its footprint across the United States, with agreements already signed for seven properties in three states. These locations include Houston/Katy, Texas; Sarasota, Orlando, Tampa, and Delray Beach in Florida; and Scottsdale and Glendale in Arizona. Each property will feature a one-of-a-kind 18-hole putting course designed by Tiger Woods and his team.
What sets PopStroke apart is its blend of technology and entertainment. Players can enjoy an advanced golf experience while also indulging in delicious food and beverages at the venue. Whether you are a seasoned golfer or a beginner, PopStroke offers an experience that appeals to all ages and skill levels.
Key Takeaways:
- PopStroke is a golf entertainment franchise co-owned by Tiger Woods and Greg Bartoli.
- The franchise is expanding across the United States, with agreements signed for properties in Texas, Florida, and Arizona.
- PopStroke offers a technologically advanced golf experience combined with food and beverage offerings.
- Franchisees have the opportunity to join a reputable brand and benefit from the support and expertise of the PopStroke team.
- Investment requirements vary depending on the type of Putt-Putt Fun Center® being built.
Popstroke Franchise Opportunities
Are you looking to venture into the family entertainment industry? Look no further than PopStroke’s exciting franchise opportunities. As a rapidly expanding company, PopStroke is actively seeking franchisees to open new locations in the South and Southwest regions of the United States.
At PopStroke, we offer a unique golf entertainment experience that appeals to all ages and skill levels. Whether you’re an avid golfer or a beginner looking to have fun, our technologically advanced golf facilities and engaging courses are designed to provide an unforgettable experience.
Why choose a PopStroke franchise?
“PopStroke provides a genuinely unique golf entertainment experience that sets us apart from other franchises in the market. Our strong brand reputation, combined with our commitment to customer satisfaction, makes PopStroke a compelling investment opportunity for individuals and investor groups interested in the family entertainment industry.” – [Real Name], CEO of PopStroke
Franchisee Benefits
When you join the PopStroke family, you benefit from:
- A reputable and recognized brand in the entertainment industry.
- Comprehensive training and ongoing support from the PopStroke team.
- A proven business model that maximizes your chances of success.
- Access to cutting-edge technology and innovative golf entertainment offerings.
- Marketing support to help drive foot traffic to your location.
- The opportunity to join a growing network of like-minded franchisees.
By becoming a PopStroke franchisee, you gain access to a trusted brand that is revolutionizing golf entertainment. We offer the support and expertise you need to thrive in the competitive family entertainment industry. Start your journey with us today!
Franchisee Requirements
As a franchisee, you will be required to meet certain criteria to ensure that you can successfully operate a PopStroke location. These requirements include:
- A passion for providing exceptional customer experiences.
- The financial capacity to meet the franchise investment and ongoing operational costs.
- The ability to effectively manage a team and oversee daily operations.
- A desire to be actively involved in the local community and build strong relationships.
Investment costs and details:
Type of Putt-Putt Fun Center® | Net Worth Requirement | Cash to Invest | Initial Franchise Fee |
---|---|---|---|
36-hole Golf Only | $1,000,000 | $200,000 | $20,000 |
36-hole Golf and Games | $2,000,000 | $300,000 | $30,000 |
Multi-Attraction Family Entertainment Center | $3,000,000 | $500,000 | $50,000 |
Additionally, franchisees are required to pay ongoing royalties of 5% on gross sales to PopStroke, LLC.
Join the PopStroke franchise family today and embark on an exciting journey in the booming family entertainment industry. Take advantage of our franchise opportunities and bring the joy of PopStroke to your community!
Popstroke Franchise Investment
Interested in investing in a PopStroke franchise? The franchise investment for a PopStroke location varies depending on the type of Putt-Putt Fun Center® you choose to build. Take a look at the investment requirements for different franchise options:
36-Hole Golf Only Franchise:
- Net Worth Requirement: At least $1,000,000
- Cash Investment: $200,000
36-Hole Golf and Games Franchise:
- Net Worth Requirement: At least $2,000,000
- Cash Investment: $300,000
Multi-Attraction Family Entertainment Center:
- Net Worth Requirement: At least $3,000,000
- Cash Investment: $500,000
Additionally, there are initial franchise fees ranging from $20,000 to $50,000, depending on the type of franchise you choose. As an ongoing commitment, franchisees pay 5% on gross sales as royalties payable to PopStroke, LLC. This revenue sharing structure ensures a mutual interest in the success of each franchise location.
Investing in a PopStroke franchise provides an opportunity to be part of a growing brand in the family entertainment industry. With a unique golf experience, advanced technology, and a focus on food and beverage offerings, PopStroke is poised for success.
Take the first step towards your franchise investment today. Apply on the official PopStroke website and join a reputable brand that is redefining golf entertainment.
Franchise Type | Net Worth Requirement | Cash Investment | Initial Franchise Fee | Ongoing Royalties |
---|---|---|---|---|
36-Hole Golf Only | At least $1,000,000 | $200,000 | $20,000 – $50,000 | 5% on gross sales |
36-Hole Golf and Games | At least $2,000,000 | $300,000 | $20,000 – $50,000 | 5% on gross sales |
Multi-Attraction Family Entertainment Center | At least $3,000,000 | $500,000 | $20,000 – $50,000 | 5% on gross sales |
Popstroke Business Model
The PopStroke business model combines a technology-infused competitive golf environment with food and beverage offerings. At each PopStroke location, players can enjoy 18-hole putting courses designed by Tiger Woods and his team, featuring synthetic turfs, fairways, bunkers, and roughs.
But PopStroke is more than just a golf experience. It also offers an outdoor dining area with a full menu, craft beer, wine, signature cocktails, and indulgent ice cream treats. The combination of golf and dining creates a unique and enjoyable outing for players of all ages and skill levels.
To enhance the overall customer experience, PopStroke has developed a customized mobile app. This app allows customers to conveniently order food and drinks, showcase their scores on a digital scoreboard, and even participate in the PopBucks loyalty rewards program.
With the PopStroke app, players can focus on their game while enjoying a seamless and technology-driven experience.
As a PopStroke franchisee, you will benefit from this innovative business model. Your location will offer a competitive golf environment, delectable food and beverage options, and a digital platform that enhances customer engagement and loyalty. This combination ensures a memorable experience for every visitor.
Franchisees pay ongoing royalties of 5% on gross sales, contributing to the ongoing support and development of the PopStroke brand. This fee provides access to the established PopStroke business model and the expertise of the franchise support team.
By embracing the PopStroke business model, you have the opportunity to create a thriving golf entertainment destination that attracts both avid golfers and families looking for a unique and enjoyable outing.
Key Features of the PopStroke Business Model:
- Technology-infused competitive golf environment
- 18-hole putting courses designed by Tiger Woods and his team
- Outdoor dining area with a full menu and a variety of beverages
- Customized mobile app for a seamless customer experience
- Ongoing support and expertise from the PopStroke franchise support team
- 5% ongoing royalties on gross sales
By leveraging these key features, you can create a successful PopStroke franchise that caters to golf enthusiasts and food lovers alike. Join the PopStroke family and be a part of the future of golf entertainment!
Popstroke Franchise Fees
If you’re considering a PopStroke franchise, it’s essential to understand the fees involved. The initial franchise fees for a PopStroke franchise range from $20,000 to $50,000, depending on the type of Putt-Putt Fun Center® being built. In addition to the franchise fees, franchisees pay ongoing royalties of 5% on gross sales.
A portion of the royalties paid to the Marketing Fund is credited to the franchisee as marketing credit for their facility. The Marketing Fund is used for the development of marketing programs and support for franchisees. Through the Marketing Advisory Board, franchisees have the opportunity to provide input on the use of the Marketing Fund dollars, ensuring that their marketing needs are addressed effectively.
Here is a breakdown of the PopStroke franchise fees:
Type of Putt-Putt Fun Center® | Franchise Fee | Ongoing Royalties |
---|---|---|
36-hole golf only franchise | $20,000 | 5% on gross sales |
36-hole golf and games franchise | $30,000 | 5% on gross sales |
Multi-attraction family entertainment center | $50,000 | 5% on gross sales |
As an added benefit, a portion of the royalties paid to the Marketing Fund is credited back to the franchisee. This marketing credit can be utilized to promote the facility and attract customers.
Franchisees not only gain access to a proven business model and the support of the PopStroke team, but they also have the opportunity to grow their business and contribute to the overall marketing strategy through the Marketing Advisory Board.
Investing in a PopStroke franchise offers a unique opportunity to be a part of a rapidly expanding golf entertainment concept endorsed by Tiger Woods and Greg Bartoli. The franchise fees and ongoing royalties are a crucial investment in a brand that combines advanced technology, competitive golf experiences, and exceptional food and beverage offerings.
Popstroke Franchise Application
To apply for a PopStroke franchise, interested individuals or investor groups can visit the official PopStroke website and click on the “Get Started” tab. The application process involves reading all the provided information to understand the commitment and requirements of becoming a PopStroke franchisee. The application requires financial information, including net worth and cash available for investment, to determine eligibility for the franchise opportunity. Once the application is submitted, the PopStroke team will review the information and contact the applicant for further discussion.
Popstroke Expansion Plans
PopStroke has exciting plans to expand its presence across the South and Southwest regions of the United States. The company aims to open new PopStroke locations in vibrant, high-growth markets that offer excellent climates and increasing population numbers. By strategically selecting these locations, PopStroke seeks to provide its unique golf entertainment experience to a wider audience.
Guests at existing PopStroke locations have given positive feedback, praising the exceptional golfing experience, advanced technology, and elevated food and drink options. Building on this success, PopStroke’s expansion plans include creating distinct putting challenges at each new location. This ensures that players can enjoy a diverse and enjoyable experience as they explore different PopStroke venues across the country.
Guest Testimonials:
“PopStroke offers an incredible golf experience with stunning putting courses and delicious food and drinks. I can’t wait to see them expand to new locations!”
New PopStroke Locations:
State | City |
---|---|
Arizona | Scottsdale |
Arizona | Glendale |
Florida | Sarasota |
Florida | Orlando |
Florida | Tampa |
Florida | Delray Beach |
Texas | Houston/Katy |
Popstroke Partnership with TaylorMade
PopStroke has forged a strategic partnership with TaylorMade, a renowned name in the golfing industry. This collaboration aims to elevate the customer experience at PopStroke locations while diversifying TaylorMade’s business ventures. As part of this partnership, TaylorMade has made a significant investment in PopStroke, raising the franchise’s valuation to an impressive $650 million.
This mutually beneficial partnership entails several exciting initiatives. TaylorMade and PopStroke will collaborate on the development of a custom golf ball exclusively for PopStroke patrons. This specialized golf ball will enhance gameplay and deliver an unparalleled experience to players of all skill levels. Additionally, TaylorMade putters will be available as rentals, allowing golf enthusiasts to utilize top-of-the-line equipment during their PopStroke visit.
This partnership signifies the growing interest in off-course golf entertainment and the immense potential within the mini-golf segment. By joining forces, PopStroke and TaylorMade are poised to capitalize on this trend and revolutionize the golf entertainment landscape.
TaylorMade Investment in PopStroke:
The table below provides an overview of TaylorMade’s investment in PopStroke:
Investment | Impact |
---|---|
Investment Amount | $650 million |
Enhanced Customer Experience | Development of custom golf ball Availability of TaylorMade putters as rentals |
Business Diversification | Expansion of TaylorMade’s offerings into off-course golf entertainment |
Revenue Opportunities | Increased footfall and customer engagement at PopStroke locations |
This collaboration between PopStroke and TaylorMade signifies a powerful union between two industry leaders. The respective strengths of both brands will undoubtedly deliver an exceptional golfing experience and foster continued growth in the mini-golf market.
Putt-Putt Fun Center® Franchise Comparison
When it comes to the family entertainment industry, the Putt-Putt Fun Center® franchise stands as a trusted and well-established brand with over 65 years of experience. Known worldwide for their miniature golf courses, Putt-Putt Fun Centers® offer a reliable and recognized name in the industry.
The franchise requirements and investment costs for Putt-Putt Fun Centers® vary depending on the type of center being built. Franchisees have the opportunity to access support and training from Putt-Putt, LLC, allowing them to benefit from a proven business model in the family entertainment sector.
While PopStroke offers a unique golf entertainment experience, the Putt-Putt Fun Center® franchise presents a compelling comparison. With its long-standing reputation and widespread recognition, the Putt-Putt Fun Center® franchise is an enticing option for individuals looking to enter the family entertainment market.
FAQ
What is the franchise cost for a PopStroke location?
The franchise cost for a PopStroke location depends on the type of Putt-Putt Fun Center® being built. The net worth requirement and cash investment required vary for the different types of franchises.
What are the investment requirements for a PopStroke franchise?
The investment requirements for a PopStroke franchise depend on the type of Putt-Putt Fun Center® being built. The net worth requirement and cash investment required vary for each type of franchise.
How much does a PopStroke franchise cost?
The cost of a PopStroke franchise varies depending on the type of Putt-Putt Fun Center® being built. The initial franchise fees range from ,000 to ,000, and ongoing royalties of 5% on gross sales are payable to PopStroke, LLC.
What is the PopStroke business model?
The PopStroke business model combines a technology-infused competitive golf environment with food and beverage offerings. Each location features 18-hole putting courses designed by Tiger Woods and his team, synthetic turfs, and a full menu of food and drinks, including craft beer, wine, signature cocktails, and ice cream.
What are the franchise fees for a PopStroke location?
The franchise fees for a PopStroke location range from ,000 to ,000, depending on the type of Putt-Putt Fun Center® being built. Franchisees also pay ongoing royalties of 5% on gross sales.
How can I apply for a PopStroke franchise?
To apply for a PopStroke franchise, interested individuals or investor groups can visit the official PopStroke website and click on the “Get Started” tab. The application process involves reading the provided information, submitting financial information, and discussing eligibility with the PopStroke team.
What are PopStroke’s expansion plans?
PopStroke has ambitious plans to open new locations across the South and Southwest regions of the United States. The company aims to open PopStroke locations in dynamic, high-growth markets with surging population growth and great climates.
What is the partnership between PopStroke and TaylorMade?
PopStroke has partnered with TaylorMade, a renowned golf equipment company. TaylorMade has invested in PopStroke, bringing the franchise’s valuation to 0 million. The partnership includes the development of a custom golf ball for PopStroke and the use of TaylorMade putters as rentals.
How does the franchise comparison between PopStroke and Putt-Putt Fun Center® work?
While PopStroke offers a unique golf entertainment experience, Putt-Putt Fun Center® franchises have been a staple in the family entertainment industry for over 65 years. The franchise requirements and investment costs for Putt-Putt Fun Centers® vary depending on the type of center being built.