GolfCave
Franchise research report · reviewed 2026 disclosure data
Researching GolfCave franchise opportunities? Every figure below is cited to the FDD.
GolfCave franchise specializes in indoor golf simulation and entertainment, combining advanced technology with social dining to create year-round golfing experi
Headline figures
Quick facts
- How much does it cost to open a GolfCave franchise?
- The GolfCave Franchise Disclosure Document reports separate estimated initial investments by format: $523,660 for total (2026 FDD, Item 7, PDF p. 20); $557,660 for development total source cover differs575660 (2026 FDD, Item 7, PDF p. 23); $575,660 for development total cover low (2026 FDD, Item 7, PDF p. 1). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the GolfCave initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $50,000 (2026 FDD, Item 5, PDF p. 10). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does GolfCave charge?
- The disclosed ongoing royalty is $9 (2026 FDD, Item 6, PDF p. 11). The brand or advertising fund contribution is $7,500 (2026 FDD, Item 6, PDF p. 10). Other recurring fees are listed in Item 6. Details
- Does GolfCave disclose financial performance (Item 19)?
- Yes. The GolfCave FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 58). Figures apply only to the locations and period each one covers. Details
- How many GolfCave locations are there?
- The FDD reports 11 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 59). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $523,660 (TOTAL); $557,660 (Development total source cover differs575660); $575,660 (Development total cover low); several initial fee options apply.
- 2Item 19 covers 6 separate groups: revenue for 1 Corporate locations; revenue for 1 Franchisee locations; revenue for 1 Franchisee locations; revenue for 1 Franchisee locations; revenue for 1 Corporate locations; revenue for 1 Corporate locations. They are not combined.
- 3Outlets grew by 5 in 2025, to 11 (United States, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 3 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (3)
Each format has its own total. The total depends on the format you choose.
- TOTALPDF p. 20$523,660
- Development total source cover differs575660PDF p. 23$557,660
- Development total cover lowPDF p. 1$575,660
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 10
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty grossrevenuesMain ongoing fee
35 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
6 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue · 1 locations
- Who is counted
- Eatontown, NJ
- Excluded
- 6currentfranchise notfull12monthsexcluded source;11periodoutlets3company8franchise vs9franchiseatissuance. Marlton6CavesJan–Oct8Nov–Dec table6.3preserved.
- Method
- USchedule>99%sales;all12months; grosssalesexcludes taxesdiscountsallowancesreturnsinterStoretransfers. NJsuburban zipmedianincome>75000 in2020adjusteddollars >15parking spaces. Noexpenses.
Locations counted: not stated in the reviewed record
Revenue · 1 locations
- Who is counted
- Randolph, NJ
- Excluded
- 6currentfranchise notfull12monthsexcluded source;11periodoutlets3company8franchise vs9franchiseatissuance. Marlton6CavesJan–Oct8Nov–Dec table6.3preserved.
- Method
- USchedule>99%sales;all12months; grosssalesexcludes taxesdiscountsallowancesreturnsinterStoretransfers. NJsuburban zipmedianincome>75000 in2020adjusteddollars >15parking spaces. Noexpenses.
Locations counted: not stated in the reviewed record
Revenue · 1 locations
- Who is counted
- Marlton, NJ
- Excluded
- 6currentfranchise notfull12monthsexcluded source;11periodoutlets3company8franchise vs9franchiseatissuance. Marlton6CavesJan–Oct8Nov–Dec table6.3preserved.
- Method
- USchedule>99%sales;all12months; grosssalesexcludes taxesdiscountsallowancesreturnsinterStoretransfers. NJsuburban zipmedianincome>75000 in2020adjusteddollars >15parking spaces. Noexpenses.
Locations counted: not stated in the reviewed record
Revenue · 1 locations
- Who is counted
- New Providence, NJ
- Excluded
- 6currentfranchise notfull12monthsexcluded source;11periodoutlets3company8franchise vs9franchiseatissuance. Marlton6CavesJan–Oct8Nov–Dec table6.3preserved.
- Method
- USchedule>99%sales;all12months; grosssalesexcludes taxesdiscountsallowancesreturnsinterStoretransfers. NJsuburban zipmedianincome>75000 in2020adjusteddollars >15parking spaces. Noexpenses.
Locations counted: not stated in the reviewed record
Revenue · 1 locations
- Who is counted
- Clark, NJ
- Excluded
- 6currentfranchise notfull12monthsexcluded source;11periodoutlets3company8franchise vs9franchiseatissuance. Marlton6CavesJan–Oct8Nov–Dec table6.3preserved.
- Method
- USchedule>99%sales;all12months; grosssalesexcludes taxesdiscountsallowancesreturnsinterStoretransfers. NJsuburban zipmedianincome>75000 in2020adjusteddollars >15parking spaces. Noexpenses.
Locations counted: not stated in the reviewed record
Revenue · 1 locations
- Who is counted
- Green Brook, NJ
- Excluded
- 6currentfranchise notfull12monthsexcluded source;11periodoutlets3company8franchise vs9franchiseatissuance. Marlton6CavesJan–Oct8Nov–Dec table6.3preserved.
- Method
- USchedule>99%sales;all12months; grosssalesexcludes taxesdiscountsallowancesreturnsinterStoretransfers. NJsuburban zipmedianincome>75000 in2020adjusteddollars >15parking spaces. Noexpenses.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
United States, as labeled in the FDD · counts as of 2025 of each year.
2026 FDD · Item 20 · PDF p. 59
Net +8 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($523,660 – $575,660) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 6 to 11 in 2025. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 10
- [2]Item 19 — Locations counted not stated in the reviewed record — Eatontown, NJ · PDF p. 58
- [3]Item 19 — Locations counted not stated in the reviewed record — Randolph, NJ · PDF p. 58
- [4]Item 19 — Locations counted not stated in the reviewed record — Marlton, NJ · PDF p. 58
- [5]Item 19 — Locations counted not stated in the reviewed record — New Providence, NJ · PDF p. 58
- [6]Item 19 — Locations counted not stated in the reviewed record — Clark, NJ · PDF p. 58
- [7]Item 19 — Locations counted not stated in the reviewed record — Green Brook, NJ · PDF p. 58
- [8]Outlet counts — Item 20, Table 1 · PDF p. 59
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | accounts receivable | $44,095 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | $4,737 |
| 2025 | total assets | $75,951 |
| 2025 | deferred revenue, current | $102,530 |
| 2025 | due to related parties | $481 |
| 2025 | long-term liability deferred revenue, net of current | $316,581 |
| 2025 | member's deficit | -$401,504 |
| 2025 | total liabilities and member's deficit | $75,951 |
| 2025 | franchise fees | $73,196 |
| 2025 | system brand and technology fund fees | $100,874 |
| 2025 | royalties | $180,440 |
| 2025 | total revenues | $354,510 |
| 2025 | net loss | -$26,348 |
| 2025 | member's deficit at end of year | -$401,504 |
| 2025 | adjustments to reconcile net loss to net cash provided by | -$33,169 |
| 2025 | accounts payable and accrued expenses | $54,019 |
| 2025 | deferred revenue | $181,804 |
| 2025 | net cash provided by | $175,876 |
| 2025 | member's distributionsMore than one value recorded for this year — open the FDD source before comparing | -$211,000 |
| 2025 | net cash used in financing activities | -$211,000 |
| 2025 | net increase | -$35,124 |
| 2025 | cash at end of year | $27,119 |
| 2025 | total liabilities | $477,455 |
| 2025 | liabilities and member's deficit current liabilities accounts payable and accrued expenses | $57,863 |
| 2025 | member's equity | -$164,156 |
| 2025 | assets current assets cash | $27,119 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | -$430 |
| 2025 | total current liabilities | $160,874 |
| 2025 | cash flows from operating activities net loss | -$26,348 |
| 2025 | cash at beginning of year | $62,243 |
| 2025 | selling, general and administrative expenses | $380,858 |
| 2025 | member's distributionsMore than one value recorded for this year — open the FDD source before comparing | -$211,000 |
| 2024 | assets current assets cash | $62,243 |
| 2024 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | $4,307 |
| 2024 | total assets | $77,476 |
| 2024 | liabilities and member's deficit current liabilities accounts payable and accrued expenses | $3,844 |
| 2024 | deferred revenue, current | $67,582 |
| 2024 | due to related partiesMore than one value recorded for this year — open the FDD source before comparing | $481 |
| 2024 | total current liabilities | $71,907 |
| 2024 | total liabilities | $241,632 |
| 2024 | member's deficit | -$164,156 |
| 2024 | franchise fees | $40,917 |
| 2024 | royalties | $34,783 |
| 2024 | selling, general and administrative expenses | $206,539 |
| 2024 | net loss | -$82,339 |
| 2024 | member's equity | -$48,817 |
| 2024 | member's contributions | $117,000 |
| 2024 | member's distributionsMore than one value recorded for this year — open the FDD source before comparing | -$150,000 |
| 2024 | cash flows from operating activities net loss | -$82,339 |
| 2024 | accounts payable and accrued expenses | -$491 |
| 2024 | deferred revenue | $169,083 |
| 2024 | due to related partiesMore than one value recorded for this year — open the FDD source before comparing | $481 |
| 2024 | net cash provided by | $71,861 |
| 2024 | member's distributionsMore than one value recorded for this year — open the FDD source before comparing | -$150,000 |
| 2024 | net increase | $38,861 |
| 2024 | cash at beginning of year | $23,382 |
| 2024 | cash at end of year | $62,243 |
| 2024 | total revenues | $124,200 |
| 2024 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | -$4,307 |
| 2024 | accounts receivable | $10,926 |
| 2024 | adjustments to reconcile net loss to net cash provided by | -$10,566 |
| 2024 | total liabilities and member's deficit | $77,476 |
| 2024 | net cash used in financing activities | -$33,000 |
| 2024 | long-term liability deferred revenue, net of current | $169,725 |
| 2024 | system brand and technology fund fees | $48,500 |
| 2024 | member's deficit at end of year | -$164,156 |
| 2024 | cash flows from financing activities member's contributions | $117,000 |
| 2023 | franchise fees | $1,776 |
| 2023 | system brand and technology fund fees | $36,000 |
| 2023 | royalties | $477 |
| 2023 | total revenues | $38,253 |
| 2023 | selling, general and administrative expenses | $133,498 |
| 2023 | net loss | -$95,245 |
| 2023 | member's equity | $49,702 |
| 2023 | member's contributions | $71,726 |
| 2023 | member's distributionsMore than one value recorded for this year — open the FDD source before comparing | -$75,000 |
| 2023 | member's deficit at end of year | -$48,817 |
| 2023 | cash flows from operating activities net loss | -$95,245 |
| 2023 | adjustments to reconcile net loss to net cash provided by | -$360 |
| 2023 | accounts payable and accrued expenses | $4,335 |
| 2023 | deferred revenue | $68,224 |
| 2023 | net cash provided by | -$23,046 |
| 2023 | cash flows from financing activities member's contributions | $71,726 |
| 2023 | member's distributionsMore than one value recorded for this year — open the FDD source before comparing | -$75,000 |
| 2023 | net cash used in financing activities | -$3,274 |
| 2023 | net increase | -$26,320 |
| 2023 | cash at end of year | $23,382 |
| 2023 | cash at beginning of year | $49,702 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Company- Owned 2025 national start
“2025 3 3 0”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Company- Owned 2025 national end
“2025 3 3 0”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Company- Owned 2023 national start
“2023 3 3 0”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Company- Owned 2024 national end
“2024 3 3 0”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Company- Owned 2023 national end
“2023 3 3 0”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Franchised 2025 national end
“2025 3 8 +5”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Franchised 2024 national start
“2024 0 3 +3”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Franchised 2024 national end
“2024 0 3 +3”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Franchised 2025 national start
“2025 3 8 +5”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 59 · 2026 FDD
Our summary: Table1 Company- Owned 2024 national start
“2024 3 3 0”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.