The Back Nine
Franchise research report · reviewed 2026 disclosure data
Researching The Back Nine franchise opportunities? Every figure below is cited to the FDD.
The Back Nine operates indoor golf facilities equipped with golf simulators. Customers can book sessions without membership, while membership plans provide additional access and benefits at participating locations.
Headline figures
Quick facts
- How much does it cost to open a The Back Nine franchise?
- The The Back Nine Franchise Disclosure Document reports an estimated initial investment of $307,050 (2026 FDD, Item 7, PDF p. 16). This is the franchisor's disclosed estimate, not a quote. Details
- What is the The Back Nine initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $50,000 (2026 FDD, Item 5, PDF p. 7). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does The Back Nine charge?
- The disclosed ongoing royalty is $8 (2026 FDD, Item 6, PDF p. 8). The brand or advertising fund contribution is $50,000 (2026 FDD, Item 6, PDF p. 13). Other recurring fees are listed in Item 6. Details
- How many The Back Nine locations are there?
- The FDD reports 28 outlets at the end of 2024 (2026 FDD, Item 20, PDF p. 38). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $307,050 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 has not been reviewed yet.
- 3Outlets grew by 18 in 2024, to 28 (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
2026 FDD · Item 7 · PDF p. 16
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 7
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 Fee — 8%Main ongoing fee
38 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 2026 FDD for The Back Nine 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 2024 of each year.
2026 FDD · Item 20 · PDF p. 38
Net +18 outlets, 2023–2024
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 2024 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 ($307,050) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Does the current FDD include an Item 19 financial performance representation?
Reported units went from 10 to 28 in 2024. 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?
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]Estimated initial investment — Item 7 · PDF p. 16
- [2]Standard initial franchise fee — Item 5 · PDF p. 7
- [3]Outlet counts — Item 20, Table 1 · PDF p. 38
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
No territory or operating requirements have been reviewed yet.
75 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | cash and cash equivalents | $4,419,629 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | -$180,182 |
| 2025 | inventoryMore than one value recorded for this year — open the FDD source before comparing | $120,284 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | $180,182 |
| 2025 | contract assets, current | $2,175,137 |
| 2025 | total current assets | $8,359,611 |
| 2025 | non-current assets right of use asset | $648,794 |
| 2025 | property and equipment, net | $567,617 |
| 2025 | intangible assets, net | $117,591 |
| 2025 | contract assets, non-current | $1,118,139 |
| 2025 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $22,134 |
| 2025 | total non-current assets | $2,474,275 |
| 2025 | total assets | $10,833,886 |
| 2025 | credit cards payableMore than one value recorded for this year — open the FDD source before comparing | $100,538 |
| 2025 | operating lease liabilities, current | $48,237 |
| 2025 | deferred revenue, current | $8,365,833 |
| 2025 | total current liabilities | $8,689,494 |
| 2025 | non-current liabilities operating lease liabilities, non-current | $772,865 |
| 2025 | deferred revenue, non-current | $5,594,850 |
| 2025 | total non-current liabilities | $6,367,715 |
| 2025 | total liabilities | $15,057,209 |
| 2025 | non-controlling interest | $46,912 |
| 2025 | total members' equity | -$4,223,323 |
| 2025 | total liabilities and members' equity | $10,833,886 |
| 2025 | initial franchise fees | $4,002,500 |
| 2025 | other operating revenue | $1,525,426 |
| 2025 | operating expenses general and administrative | $3,061,335 |
| 2025 | contract labor | $1,700,660 |
| 2025 | commissions | $1,464,392 |
| 2025 | total operating expenses | $7,229,408 |
| 2025 | other income interest income | $167,919 |
| 2025 | total other income | $167,919 |
| 2025 | net loss attributable to non-controlling interest | -$12,106 |
| 2025 | net lossMore than one value recorded for this year — open the FDD source before comparing | -$821,537 |
| 2025 | depreciation | $43,074 |
| 2025 | accounts receiveable | -$1,155,344 |
| 2025 | inventoryMore than one value recorded for this year — open the FDD source before comparing | -$120,284 |
| 2025 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $19,265 |
| 2025 | lease asset and liability | $172,308 |
| 2025 | accounts payable | $174,886 |
| 2025 | credit cards payableMore than one value recorded for this year — open the FDD source before comparing | $96,434 |
| 2025 | deferred franchise revenue | $10,729,183 |
| 2025 | investment in intangible assets | -$64,166 |
| 2025 | net cashed used in investing activities | -$655,164 |
| 2025 | member distributions | -$4,205,908 |
| 2025 | net cash provided byMore than one value recorded for this year — open the FDD source before comparing | -$3,296,890 |
| 2025 | net change in cash and cash equivalents | $2,363,480 |
| 2025 | cash and cash equivalents at end of period | $4,419,629 |
| 2025 | royalty and techology fees | $712,026 |
| 2025 | total operating revenues | $6,239,952 |
| 2025 | advertising and marketing | $584,387 |
| 2025 | purchases of property and equipment, net | -$590,998 |
| 2025 | member contributions | $909,018 |
| 2025 | liabilities and members' equity | $174,886 |
| 2025 | net lossMore than one value recorded for this year — open the FDD source before comparing | -$821,537 |
| 2025 | net cash provided byMore than one value recorded for this year — open the FDD source before comparing | $6,315,534 |
| 2025 | members' equity | -$4,270,235 |
| 2025 | net loss attributable to company | -$809,431 |
| 2025 | amortization | $25,007 |
| 2025 | professional fees | $418,634 |
| 2025 | accounts receivable | $1,464,379 |
| 2025 | contract assets | -$2,667,276 |
| 2025 | cash and cash equivalents at beginning of period | $2,056,149 |
| 2024 | cash and cash equivalents | $2,056,149 |
| 2024 | accounts receivable | $309,035 |
| 2024 | total current assets | $2,991,184 |
| 2024 | property and equipment, net | $19,693 |
| 2024 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $41,399 |
| 2024 | total assets | $3,188,058 |
| 2024 | credit cards payableMore than one value recorded for this year — open the FDD source before comparing | $4,104 |
| 2024 | deferred revenue, current | $2,501,500 |
| 2024 | total current liabilities | $2,533,367 |
| 2024 | deferred revenue, non-current | $730,000 |
| 2024 | total non-current liabilities | $759,587 |
| 2024 | total liabilities | $3,292,954 |
| 2024 | members' equity | -$104,896 |
| 2024 | total members' equity | -$104,896 |
| 2024 | total liabilities and members' equity | $3,188,058 |
| 2024 | initial franchise fees | $319,500 |
| 2024 | other operating revenue | $192,282 |
| 2024 | total operating revenues | $660,501 |
| 2024 | operating expenses general and administrative | $288,629 |
| 2024 | contract labor | $1,378,986 |
| 2024 | commissions | $20,000 |
| 2024 | advertising and marketing | $260,437 |
| 2024 | professional fees | $39,066 |
| 2024 | total operating expenses | $1,987,118 |
| 2024 | other income interest income | $60,514 |
| 2024 | total other income | $60,514 |
| 2024 | net lossMore than one value recorded for this year — open the FDD source before comparing | -$1,266,103 |
| 2024 | net loss attributable to company | -$1,266,103 |
| 2024 | net lossMore than one value recorded for this year — open the FDD source before comparing | -$1,266,103 |
| 2024 | depreciation | $3,938 |
| 2024 | amortization | $16,518 |
| 2024 | bad debt expense | $20,000 |
| 2024 | stock compensation expense | $112,500 |
| 2024 | other assetsMore than one value recorded for this year — open the FDD source before comparing | -$41,399 |
| 2024 | deferred franchise revenue | $3,151,500 |
| 2024 | net cash provided by | $1,136,195 |
| 2024 | purchases of property and equipment, net | -$23,631 |
| 2024 | investment in intangible assets | -$24,725 |
| 2024 | net cashed used in investing activities | -$48,356 |
| 2024 | cash and cash equivalents at beginning of period | $968,310 |
| 2024 | cash and cash equivalents at end of period | $2,056,149 |
| 2024 | operating lease liabilities, current | $27,763 |
| 2024 | non-current liabilities operating lease liabilities, non-current | $29,587 |
| 2024 | contract assets | -$626,000 |
| 2024 | credit cards payableMore than one value recorded for this year — open the FDD source before comparing | $3,718 |
| 2024 | total non-current assets | $196,874 |
| 2024 | contract assets, current | $626,000 |
| 2024 | royalty and techology fees | $148,719 |
| 2024 | accounts receiveable | -$238,477 |
| 2024 | intangible assets, net | $78,432 |
| 2024 | non-current assets right of use asset | $57,350 |
| 2024 | net change in cash and cash equivalents | $1,087,839 |
| 2023 | accounts receivable | $90,558 |
| 2023 | total current assets | $1,058,868 |
| 2023 | total non-current assets | $70,225 |
| 2023 | total assets | $1,129,093 |
| 2023 | credit cards payableMore than one value recorded for this year — open the FDD source before comparing | $386 |
| 2023 | total current liabilities | $80,386 |
| 2023 | members' equity | $1,048,707 |
| 2023 | total liabilities and members' equity | $1,129,093 |
| 2023 | royalty and techology fees | $2,403 |
| 2023 | other operating revenue | $1,941 |
| 2023 | total operating revenues | $14,344 |
| 2023 | professional fees | $30,833 |
| 2023 | net lossMore than one value recorded for this year — open the FDD source before comparing | -$19,118 |
| 2023 | net lossMore than one value recorded for this year — open the FDD source before comparing | -$19,118 |
| 2023 | accounts receiveable | -$558 |
| 2023 | credit cards payableMore than one value recorded for this year — open the FDD source before comparing | $386 |
| 2023 | deferred franchise revenue | -$10,000 |
| 2023 | net cash provided byMore than one value recorded for this year — open the FDD source before comparing | -$29,290 |
| 2023 | net cashed used in investing activities | -$2,500 |
| 2023 | member contributions | $1,210,100 |
| 2023 | member distributions | -$210,000 |
| 2023 | net change in cash and cash equivalents | $968,310 |
| 2023 | cash and cash equivalents at end of period | $968,310 |
| 2023 | contribution of intangible assets | $67,725 |
| 2023 | contribution of notes receivable | $90,000 |
| 2023 | initial franchise fees | $10,000 |
| 2023 | purchases of property and equipment, net | -$2,500 |
| 2023 | contribution of contract liabilities | $80,000 |
| 2023 | cash and cash equivalents | $968,310 |
| 2023 | net loss attributable to company | -$19,118 |
| 2023 | total members' equity | $1,048,707 |
| 2023 | intangible assets, net | $70,225 |
| 2023 | deferred revenue, current | $80,000 |
| 2023 | operating expenses general and administrative | $2,629 |
| 2023 | net cash provided byMore than one value recorded for this year — open the FDD source before comparing | $1,000,100 |
| 2023 | total liabilities | $80,386 |
| 2023 | total operating expenses | $33,462 |
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
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Owner participation
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Territory language
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Litigation disclosure
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Bankruptcy disclosure
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Agreement term
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Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.