Franopolis

    Golfec

    Franchise research report · reviewed 2025 disclosure data

    Researching Golfec franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    GOLFTEC operates golf instruction and practice centers that use coaching, swing analysis, and indoor training technology, and also provide club fitting. Its customers include golfers at different skill levels, from beginners and junior players to experienced golfers seeking lessons, practice, or equipment fitting.

    Headline figures

    Quick facts

    How much does it cost to open a Golfec franchise?
    The Golfec Franchise Disclosure Document reports an estimated initial investment of $322,850 (2025 FDD, Item 7, PDF p. 19). This is the franchisor's disclosed estimate, not a quote. Details
    Does Golfec disclose financial performance (Item 19)?
    No. The reviewed Golfec FDD states that it does not make a financial performance representation in Item 19. Details
    How many Golfec locations are there?
    The FDD reports 0 outlets at the end of 2023 (2025 FDD, Item 20, PDF p. 48). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $322,850 in the 2025 FDD (Item 7); several initial fee options apply.
    2. 2The franchisor makes no financial performance representation in Item 19.
    3. 3Outlets declined by 41 in 2023, to 0 (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

    Total estimated initial investment

    2025 FDD · Item 7 · PDF p. 19

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    61 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?

    No financial performance representation in Item 19

    The reviewed 2025 FDD for Golfec has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2023 of each year.

    2025 FDD · Item 20 · PDF p. 48

    Net −41 outlets, 2022–2023

    041202202023−41

    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 2023 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 2025 Item 7 estimate ($322,850) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Golfec reports no financial performance figures in Item 19. What information can you share about unit-level results?

    • Reported units decreased from 41 to 0 in 2023. What drove the change?

    • 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?

    • 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 (2025 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 19
    2. [2]Outlet counts — Item 20, Table 1 · PDF p. 48

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2024accounts receivable trade, net$5,338
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing$14,770
    2024prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$5,589
    2024property and equipment, net$45,687
    2024intangible assets, net$21,932
    2024right of use asset, net$57,613
    2024other assetsMore than one value recorded for this year — open the FDD source before comparing$1,199
    2024total assets$226,905
    2024current portion of lease liability$12,806
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing$38,460
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing$16,126
    2024total current liabilities$103,093
    2024long-term debt$81,500
    2024members' equity-$15,629
    2024evaluations, lessons, and practice by company-owned centers$97,924
    2024merchandise sales by company-owned centers$32,515
    2024skytrak merchandise sales$38,600
    2024ecommerce$3,920
    2024otherMore than one value recorded for this year — open the FDD source before comparing$250
    2024operating expenses company-owned centers operating expenses$94,705
    2024cost of sales - company-owned centers merchandise sales$21,647
    2024cost of sales - ecommerce$1,659
    2024general and administrative expenses$32,029
    2024franchise operating expense$1,445
    2024total operating expenses$193,017
    2024interest expense-$6,191
    2024consolidated net loss-$14,712
    2024cash flows from operating activities consolidated net-$14,712
    2024noncash amortization of rou assets$10,770
    2024changes in operating assets and liabilities accounts receivable-$250
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing-$906
    2024lease incentive - tenant improvement allowance$1,925
    2024prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$103
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing-$6,470
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing$952
    2024net cash provided by operating activities$839
    2024purchase of property and equipment-$1,038
    2024cash paid for intangible assets-$111
    2024net cash used in investing activities-$13,835
    2024payments on debt - term loans-$6,500
    2024net increase-$2,996
    2024cash beginning of year$7,899
    2024end of year$4,903
    2024noncash increase in rou assets from new/modified leases$4,833
    2024noncash increase in rou liabilities from new/modified leases-$6,756
    2024other assetsMore than one value recorded for this year — open the FDD source before comparing$1,286
    2024total liabilities and members' equity$226,905
    2024skytrak service sales$7,092
    2024cost of sales - skytrak merchandise$22,344
    2024total liabilities$242,534
    2024otherMore than one value recorded for this year — open the FDD source before comparing-$1,904
    2024current portion of long-term debt$26,000
    2024noncash compensation expense$781
    2024lease liability$57,745
    2024operating loss-$6,617
    2024payments on debt - line of credit-$24,700
    2024franchise & royalties$4,433
    2024liabilities and members' equity$9,701
    2024cost of sales - franchises$1,201
    2024other long-term liabilities$196
    2024advertising fund revenue$1,666
    2024depreciation and amortization$17,987
    2024other receivables, net$2,901
    2024total current assets$37,200
    2024accounts payable$2,695
    2024software development costs-$5,688
    2024net cash provided by financing activities$10,000
    2024other current assets$3,699
    2024goodwill$63,274
    2024total revenue$186,400
    2024assets current assets cash$4,903
    2024adjustments to reconcile consolidated net$17,987
    2024supplemental cash flow information cash paid for interest$6,193
    2024noncash increase in leasehold improvements for unpaid capex at year-end-$2,257
    2024noncash impairment of assets$637
    2024right of use liability-$13,959
    2024cash flows from investing activities cash paid for leasehold improvements-$6,998
    2024cash flows from financing activities proceeds from debt - line of credit$41,200
    2023accounts receivable trade, netMore than one value recorded for this year — open the FDD source before comparing$5,695
    2023other receivables, netMore than one value recorded for this year — open the FDD source before comparing$2,294
    2023inventoryMore than one value recorded for this year — open the FDD source before comparing$13,864
    2023other current assetsMore than one value recorded for this year — open the FDD source before comparing$5,623
    2023prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$5,692
    2023total current assetsMore than one value recorded for this year — open the FDD source before comparing$41,067
    2023goodwillMore than one value recorded for this year — open the FDD source before comparing$63,274
    2023right of use asset, netMore than one value recorded for this year — open the FDD source before comparing$65,373
    2023total assetsMore than one value recorded for this year — open the FDD source before comparing$240,881
    2023liabilities and members' equity$7,006
    2023current portion of long-term debtMore than one value recorded for this year — open the FDD source before comparing$21,500
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$21,815
    2023long-term debtMore than one value recorded for this year — open the FDD source before comparing$76,000
    2023lease liabilityMore than one value recorded for this year — open the FDD source before comparing$65,401
    2023members' equityMore than one value recorded for this year — open the FDD source before comparing-$1,679
    2023total liabilities and members' equityMore than one value recorded for this year — open the FDD source before comparing$240,881
    2023merchandise sales by company-owned centersMore than one value recorded for this year — open the FDD source before comparing$32,161
    2023skytrak merchandise salesMore than one value recorded for this year — open the FDD source before comparing$35,012
    2023skytrak service salesMore than one value recorded for this year — open the FDD source before comparing$4,961
    2023ecommerceMore than one value recorded for this year — open the FDD source before comparing$2,751
    2023advertising fund revenueMore than one value recorded for this year — open the FDD source before comparing$1,535
    2023otherMore than one value recorded for this year — open the FDD source before comparing$428
    2023total revenueMore than one value recorded for this year — open the FDD source before comparing$175,467
    2023cost of sales - company-owned centers merchandise salesMore than one value recorded for this year — open the FDD source before comparing$22,718
    2023cost of sales - ecommerceMore than one value recorded for this year — open the FDD source before comparing$1,352
    2023cost of sales - franchisesMore than one value recorded for this year — open the FDD source before comparing$1,638
    2023general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing$29,414
    2023depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$15,154
    2023total operating expensesMore than one value recorded for this year — open the FDD source before comparing$175,477
    2023interest expenseMore than one value recorded for this year — open the FDD source before comparing-$7,399
    2023otherMore than one value recorded for this year — open the FDD source before comparing$1,661
    2023cash flows from operating activities consolidated net-$5,748
    2023adjustments to reconcile consolidated net$15,154
    2023noncash inventory obsolescence adjustmentMore than one value recorded for this year — open the FDD source before comparing$1,527
    2023noncash accounts receivable allowanceMore than one value recorded for this year — open the FDD source before comparing$174
    2023noncash amortization of rou assetsMore than one value recorded for this year — open the FDD source before comparing$9,902
    2023changes in operating assets and liabilities accounts receivableMore than one value recorded for this year — open the FDD source before comparing-$3,357
    2023lease incentive - tenant improvement allowanceMore than one value recorded for this year — open the FDD source before comparing$2,498
    2023other assetsMore than one value recorded for this year — open the FDD source before comparing$990
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$265
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$1,429
    2023right of use liabilityMore than one value recorded for this year — open the FDD source before comparing-$8,932
    2023net cash provided by operating activitiesMore than one value recorded for this year — open the FDD source before comparing$11,155
    2023cash flows from investing activities cash paid for leasehold improvementsMore than one value recorded for this year — open the FDD source before comparing-$8,496
    2023software development costsMore than one value recorded for this year — open the FDD source before comparing-$3,933
    2023cash paid for intangible assetsMore than one value recorded for this year — open the FDD source before comparing-$359
    2023net cash used in investing activitiesMore than one value recorded for this year — open the FDD source before comparing-$17,346
    2023cash flows from financing activities proceeds from debt - line of credit$34,500
    2023payments on debt - term loansMore than one value recorded for this year — open the FDD source before comparing-$6,500
    2023payments on debt - line of creditMore than one value recorded for this year — open the FDD source before comparing-$20,000
    2023net increase$1,809
    2023end of yearMore than one value recorded for this year — open the FDD source before comparing$7,899
    2023supplemental cash flow information cash paid for interestMore than one value recorded for this year — open the FDD source before comparing$6,240
    2023noncash increase in rou liabilities from new/modified leases-$18,513
    2023noncash increase in accrued expenses assumed in acquisitionMore than one value recorded for this year — open the FDD source before comparing-$50
    2023noncash increase in leasehold improvements for unpaid capex at year-endMore than one value recorded for this year — open the FDD source before comparing-$971
    2023assets current assets cashMore than one value recorded for this year — open the FDD source before comparing$7,899
    2023other receivables, netMore than one value recorded for this year — open the FDD source before comparing$2,294
    2023other current assetsMore than one value recorded for this year — open the FDD source before comparing$5,623
    2023total current assetsMore than one value recorded for this year — open the FDD source before comparing$41,067
    2023goodwillMore than one value recorded for this year — open the FDD source before comparing$63,274
    2023right of use asset, netMore than one value recorded for this year — open the FDD source before comparing$65,373
    2023total assetsMore than one value recorded for this year — open the FDD source before comparing$240,881
    2023liabilities and members' equity current liabilities accounts payable$7,006
    2023current portion of lease liabilityMore than one value recorded for this year — open the FDD source before comparing$12,354
    2023current portion of long-term debtMore than one value recorded for this year — open the FDD source before comparing$21,500
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$37,508
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$21,815
    2023total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing$100,183
    2023other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$976
    2023members' equityMore than one value recorded for this year — open the FDD source before comparing-$1,679
    2023total liabilities and members' equityMore than one value recorded for this year — open the FDD source before comparing$240,881
    2023evaluations, lessons, and practice by company-owned centersMore than one value recorded for this year — open the FDD source before comparing$93,614
    2023merchandise sales by company-owned centersMore than one value recorded for this year — open the FDD source before comparing$32,161
    2023skytrak service salesMore than one value recorded for this year — open the FDD source before comparing$4,961
    2023ecommerceMore than one value recorded for this year — open the FDD source before comparing$2,751
    2023advertising fund revenueMore than one value recorded for this year — open the FDD source before comparing$1,535
    2023otherMore than one value recorded for this year — open the FDD source before comparing$428
    2023cost of sales - company-owned centers merchandise salesMore than one value recorded for this year — open the FDD source before comparing$22,718
    2023cost of sales - skytrak merchandiseMore than one value recorded for this year — open the FDD source before comparing$17,949
    2023cost of sales - ecommerceMore than one value recorded for this year — open the FDD source before comparing$1,352
    2023cost of sales - franchisesMore than one value recorded for this year — open the FDD source before comparing$1,638
    2023general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing$29,414
    2023total operating expensesMore than one value recorded for this year — open the FDD source before comparing$175,477
    2023interest expenseMore than one value recorded for this year — open the FDD source before comparing-$7,399
    2023consolidated net income-$5,748
    2023cash flows from operating activities consolidated net income-$5,748
    2023noncash inventory obsolescence adjustmentMore than one value recorded for this year — open the FDD source before comparing$1,527
    2023noncash accounts receivable allowanceMore than one value recorded for this year — open the FDD source before comparing$174
    2023noncash amortization of rou assetsMore than one value recorded for this year — open the FDD source before comparing$9,902
    2023inventoryMore than one value recorded for this year — open the FDD source before comparing-$3,691
    2023other assetsMore than one value recorded for this year — open the FDD source before comparing$990
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$265
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$1,429
    2023right of use liabilityMore than one value recorded for this year — open the FDD source before comparing-$8,932
    2023net cash provided by operating activitiesMore than one value recorded for this year — open the FDD source before comparing$11,155
    2023purchase of property and equipmentMore than one value recorded for this year — open the FDD source before comparing-$4,088
    2023software development costsMore than one value recorded for this year — open the FDD source before comparing-$3,933
    2023cash paid for intangible assetsMore than one value recorded for this year — open the FDD source before comparing-$359
    2023cash paid for acquisitionsMore than one value recorded for this year — open the FDD source before comparing-$470
    2023net cash used in investing activitiesMore than one value recorded for this year — open the FDD source before comparing-$17,346
    2023payments on debt - term loansMore than one value recorded for this year — open the FDD source before comparing-$6,500
    2023payments on debt - line of creditMore than one value recorded for this year — open the FDD source before comparing-$20,000
    2023net cash provided by financing activitiesMore than one value recorded for this year — open the FDD source before comparing$8,000
    2023cash beginning of yearMore than one value recorded for this year — open the FDD source before comparing$6,090
    2023noncash increase in rou assets from new leases$19,946
    2023non cash investing & finance activities noncash increase in other long-term liabilities assumed in acquisition-$892
    2023noncash increase in leasehold improvements for unpaid capex at year-endMore than one value recorded for this year — open the FDD source before comparing-$971
    2023property and equipment, netMore than one value recorded for this year — open the FDD source before comparing$44,217
    2023operating expenses company-owned centers operating expensesMore than one value recorded for this year — open the FDD source before comparing$85,394
    2023prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$2
    2023purchase of property and equipmentMore than one value recorded for this year — open the FDD source before comparing-$4,088
    2023noncash compensation expenseMore than one value recorded for this year — open the FDD source before comparing$792
    2023other assetsMore than one value recorded for this year — open the FDD source before comparing$1,200
    2023other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$976
    2023cost of sales - skytrak merchandiseMore than one value recorded for this year — open the FDD source before comparing$17,949
    2023franchise & royaltiesMore than one value recorded for this year — open the FDD source before comparing$5,005
    2023adjustments to reconcile consolidated net income$15,154
    2023noncash compensation expenseMore than one value recorded for this year — open the FDD source before comparing$792
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$150
    2023total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing$100,183
    2023assets current assets cashMore than one value recorded for this year — open the FDD source before comparing$7,899
    2023franchise operating expenseMore than one value recorded for this year — open the FDD source before comparing$1,858
    2023franchise operating expenseMore than one value recorded for this year — open the FDD source before comparing$1,858
    2023end of yearMore than one value recorded for this year — open the FDD source before comparing$7,899
    2023inventoryMore than one value recorded for this year — open the FDD source before comparing$13,864
    2023total liabilitiesMore than one value recorded for this year — open the FDD source before comparing$242,560
    2023inventoryMore than one value recorded for this year — open the FDD source before comparing-$3,691
    2023cash paid for acquisitionsMore than one value recorded for this year — open the FDD source before comparing-$470
    2023total liabilitiesMore than one value recorded for this year — open the FDD source before comparing$242,560
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$37,508
    2023prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$5,692
    2023evaluations, lessons, and practice by company-owned centersMore than one value recorded for this year — open the FDD source before comparing$93,614
    2023operating loss-$10
    2023changes in operating assets and liabilities accounts receivableMore than one value recorded for this year — open the FDD source before comparing-$3,357
    2023cash beginning of yearMore than one value recorded for this year — open the FDD source before comparing$6,090
    2023other assetsMore than one value recorded for this year — open the FDD source before comparing$1,200
    2023depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$15,154
    2023prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$2
    2023current portion of lease liabilityMore than one value recorded for this year — open the FDD source before comparing$12,354
    2023noncash investing & finance activities noncash increase in other long-term liabilities assumed in acquisition-$892
    2023skytrak merchandise salesMore than one value recorded for this year — open the FDD source before comparing$35,012
    2023net cash provided by financing activitiesMore than one value recorded for this year — open the FDD source before comparing$8,000
    2023noncash increase in rou assets from new/modified leases$19,946
    2023accounts receivable trade, netMore than one value recorded for this year — open the FDD source before comparing$5,695
    2023franchise & royaltiesMore than one value recorded for this year — open the FDD source before comparing$5,005
    2023intangible assets, netMore than one value recorded for this year — open the FDD source before comparing$25,750
    2023intangible assets, netMore than one value recorded for this year — open the FDD source before comparing$25,750
    2023consolidated net loss-$5,748
    2023operating income-$10
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$150
    2023lease liabilityMore than one value recorded for this year — open the FDD source before comparing$65,401
    2023operating expenses company-owned centers operating expensesMore than one value recorded for this year — open the FDD source before comparing$85,394
    2023noncash increase in rou liabilities from new leases-$18,513
    2023property and equipment, netMore than one value recorded for this year — open the FDD source before comparing$44,217
    2023long-term debtMore than one value recorded for this year — open the FDD source before comparing$76,000
    2023supplemental cash flow information cash paid for interestMore than one value recorded for this year — open the FDD source before comparing$6,240
    2023other income$1,661
    2023lease incentive - tenant improvement allowanceMore than one value recorded for this year — open the FDD source before comparing$2,498
    2023cash flows from investing activities cash paid for leasehold improvementsMore than one value recorded for this year — open the FDD source before comparing-$8,496
    2023net increase in cash$1,809
    2023noncash increase in accrued expenses assumed in acquisitionMore than one value recorded for this year — open the FDD source before comparing-$50
    2023proceeds from debt - line of credit$34,500
    2023total revenueMore than one value recorded for this year — open the FDD source before comparing$175,467
    2022assets current assets cash$6,090
    2022accounts receivable trade, net$1,235
    2022other receivables, net$3,223
    2022inventoryMore than one value recorded for this year — open the FDD source before comparing$11,700
    2022total current assets$34,555
    2022property and equipment, net$38,816
    2022goodwill$61,933
    2022intangible assets, net$29,368
    2022right of use asset, net$57,827
    2022other assetsMore than one value recorded for this year — open the FDD source before comparing$1,184
    2022current portion of lease liability$10,051
    2022deferred revenueMore than one value recorded for this year — open the FDD source before comparing$36,079
    2022total current liabilities$77,995
    2022lease liability$58,123
    2022other long-term liabilities$5,288
    2022total liabilities$220,406
    2022total liabilities and members' equity$223,683
    2022skytrak merchandise sales$6,288
    2022skytrak service sales$3,682
    2022franchise & royalties$4,531
    2022advertising fund revenue$1,355
    2022other$914
    2022total revenue$141,545
    2022cost of sales - company-owned centers merchandise sales$21,804
    2022cost of sales - ecommerce$764
    2022general and administrative expenses$10,468
    2022depreciation and amortization$10,070
    2022total operating expenses$139,590
    2022operating income$1,955
    2022interest expense-$2,039
    2022other income$6,458
    2022cash flows from operating activities consolidated net income$6,374
    2022noncash gain from ppp loan forgiveness-$6,458
    2022noncash acquisition cost$1,584
    2022noncash amortization of rou assets$12,369
    2022changes in operating assets and liabilities accounts receivable-$168
    2022inventoryMore than one value recorded for this year — open the FDD source before comparing-$2,572
    2022prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$211
    2022accrued expensesMore than one value recorded for this year — open the FDD source before comparing$475
    2022deferred revenueMore than one value recorded for this year — open the FDD source before comparing-$2,314
    2022right of use liability-$12,635
    2022cash flows from investing activities cash paid for leasehold improvements-$12,424
    2022purchase of property and equipment-$6,266
    2022net cash used in investing activities-$89,365
    2022payments on debt - term loans-$33,000
    2022net cash provided by financing activities$80,376
    2022net increase in cash$1,950
    2022cash beginning of year$4,140
    2022end of year$6,090
    2022noncash increase in rou assets from asc 842 implementation$54,530
    2022noncash increase in rou assets from new leases$15,665
    2022noncash increase in rou liabilities from new leases-$15,940
    2022noncash increase in equity due to acquisition costs incurred by parent$1,584
    2022other current assets$6,613
    2022software development costs-$3,359
    2022total assets$223,683
    2022long-term debt$79,000
    2022merchandise sales by company-owned centers$32,580
    2022liabilities and members' equity current liabilities accounts payable$6,741
    2022prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$5,694
    2022cost of sales - skytrak merchandise$5,928
    2022evaluations, lessons, and practice by company-owned centers$91,193
    2022franchise operating expense$1,679
    2022accrued expensesMore than one value recorded for this year — open the FDD source before comparing$14,624
    2022current portion of long-term debt$10,500
    2022cash paid for acquisitions-$67,316
    2022distribution for taxes-$124
    2022consolidated net income$6,374
    2022members' equity$3,277
    2022operating expenses company-owned centers operating expenses$87,634
    2022cost of sales - franchises$1,243
    2022accounts payable$2,671
    2022supplemental cash flow information cash paid for interest$1,725
    2022adjustments to reconcile consolidated net income$10,070
    2022proceeds from debt - line of credit$48,500
    2022lease incentive - tenant improvement allowance$3,890
    2022net cash provided by operating activities$10,939
    2022other assetsMore than one value recorded for this year — open the FDD source before comparing-$2,558
    2022cash flows from financing activities proceeds from debt - term loans$65,000
    2022ecommerce$1,002

    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.

    Fred Astaire Dance StudiosBig Blue Swim SchoolHi-Five Sports Franchising LLCThe Little GymFIRE Fitness CampFitness Together

    Head-to-head comparisons

    Golfec vs Fred Astaire Dance StudiosGolfec vs Big Blue Swim SchoolGolfec vs Hi-Five Sports Franchising LLC
    Compare reviewed facts

    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. 51 · 2025 FDD

      Our summary: Table 4 TX 2024 — Start

      “2024 3 1 0 0 0 4”

      Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 LA 2024 — Opened

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2022 — Opened

      “2022 2 0 0 0 0 0 2 LA”

      Note: This is a state-specific Table 3 outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2022 — Nonrenewals

      “2022 2 0 0 0 0 0 2 LA”

      Note: This is a state-specific Table 3 outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2022 — Reacquired

      “2022 2 0 0 0 0 0 2 LA”

      Note: This is a systemwide outlet-type subgroup row, not the national Total row required for Item 20 checks.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2023 — Start

      “2023 4 0 0 1 0 3”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2023 — Nonrenewals

      “2023 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2023 — Reacquired

      “2023 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2023 — Ceased other

      “2023 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2024 — Start

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-level Item 20 row. The required check is limited to national/systemwide Total rows, so this state entry cannot be verified under that scope.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2024 — Nonrenewals

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2024 — Reacquired

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2024 — Ceased other

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MN 2023 — Opened

      “2023 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MN 2023 — Nonrenewals

      “2023 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 Total 2024 — End

      “2024 4 0 0 0 0 0 4”

      Note: PDF p48 national Total ending count is OCR-spaced '4 3' (43), not 4; p46 agrees. Correction validator rejects 43 as absent from quote. Requires OCR/validator repair; no calculation used.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 Total 2024 — Start

      “2024 4 0 0 0 0 0 4”

      Note: Full national Total row prints OCR-spaced 4 2 (42); exact-number save validator rejects 42. Original 4 is truncated; no calculation used.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 Total 2023 — End

      “2023 4 0 0 0 0 0 4”

      Note: Full national Total row prints OCR-spaced 4 2 (42); exact-number save validator rejects 42. Original 4 is truncated; no calculation used.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2022 — Start

      “2022 2 0 0 0 0 0 2 LA”

      Note: This is a state-specific Table 3 outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2023 — Reacquired

      “2023 4 0 0 1 0 3”

      Note: This is a state-specific Item 20 outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MN 2023 — Start

      “2023 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2022 — Ceased other

      “2022 2 0 0 0 0 0 2 LA”

      Note: This is a state-specific Table 3 outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2024 — Terminations

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-specific Company-Owned or Franchised outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2023 — Start

      “2023 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 outlet figure. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2024 — Opened

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-specific Company-Owned or Franchised outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MN 2023 — Terminations

      “2023 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2022 — End

      “2022 2 0 0 0 0 0 2 LA”

      Note: This is a state-specific Table 3 outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2024 — End

      “2024 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2022 — Terminations

      “2022 2 0 0 0 0 0 2 LA”

      Note: This is a state-specific Table 3 outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2023 — Opened

      “2023 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 outlet figure. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2023 — End

      “2023 2 0 0 0 0 0 2”

      Note: This is a state-specific Company-Owned or Franchised outlet row. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2023 — Closed

      “2023 4 0 0 1 0 3”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 47 · 2025 FDD

      Our summary: Table 3 MI 2023 — Terminations

      “2023 2 0 0 0 0 0 2”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2022 — Closed

      “2022 3 1 0 0 0 4 UT”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2023 — Sold

      “2023 4 0 0 1 0 3”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2022 — End

      “2022 3 1 0 0 0 4 UT”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2023 — Opened

      “2023 4 0 0 1 0 3”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 51 · 2025 FDD

      Our summary: Table 4 VA 2022 — Sold

      “2022 3 1 0 0 0 4 UT”

      Note: This is a state-specific Item 20 row. The review is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 TX 2024 — Reacquired

      “2024 1 0 0 0 0 0 1”

      Note: This is not a verifiable national/systemwide Total row for Item 20.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 WI 2022 — Terminations

      “2022 4 1 0 0 0 0 5 TX”

      Note: This is not a verifiable national/systemwide Total row for Item 20.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 WI 2022 — Opened

      “2022 4 1 0 0 0 0 5 TX”

      Note: This is not a verifiable national/systemwide Total row for Item 20.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 TX 2023 — Terminations

      “2023 1 0 0 0 0 0 1”

      Note: This is not a verifiable national/systemwide Total row for Item 20.

    • Item 20 · PDF p. 50 · 2025 FDD

      Our summary: Table 4 MA 2024 — Reacquired

      “2024 1 0 0 0 0 1 MA”

      Note: This is not a verifiable national/systemwide Total row for Item 20.

    • Item 20 · PDF p. 48 · 2025 FDD

      Our summary: Table 3 TX 2024 — Ceased other

      “2024 1 0 0 0 0 0 1”

      Note: This is not a verifiable national/systemwide Total row for Item 20.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.