Risk Score
Pending analysis
Investment Range
$236,800 - $636,800
Franchise Fee
$24,999
Total US Locations
2
Business Summary
Golf Envy Franchising, LLC offers qualified individuals the right to operate membership-based indoor golf facilities known as Golf Envy Clubs. These Clubs provide members with 24/7 access to advanced golf simulator bays, allowing them to play full rounds of golf, participate in tournament play, and improve their skills.
Corporate History
Golf Envy Franchising, LLC was formed in California on May 7, 2024. The company does business under its corporate name and as Golf Envy. Its parent company is Zeze Holdings, LLC, formed in November 2024. Golf Envy Franchising, LLC does not currently operate any clubs similar to those offered to franchisees and has not granted franchises for any other concept. The company began offering franchises in 2024, as indicated by franchise agreements signed but not yet opened by the end of that year.
Financial Overview
Investment Range
$236,800 - $636,800
Franchise Fee (Low)
$24,999
Franchise Fee (High)
$45,000
Royalty %
7%
Equipment Costs (Low)
$98,000
Equipment Costs (High)
$410,500
Working Capital
$40,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
The franchisor's financial condition, as reflected in its financial statements, raises questions about Golf Envy Franchising, LLC's financial ability to provide services and support to franchisees, as noted in the special risks section of the FDD.
Financing Details
Golf Envy Franchising, LLC does not offer any direct or indirect financing to franchisees, nor does it guarantee a franchisee's note, lease, or other obligations. Franchisees are responsible for securing their own funding.
Performance Metrics
Total US Locations
2
Franchised Units
0
Corporate Units
2
Avg Square Footage
3,100
Franchising Since
2024
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Golf Envy Franchising, LLC has no litigation to report in Item 3 of the FDD.
Bankruptcy History
Golf Envy Franchising, LLC has no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew, Golf Envy Franchising, LLC franchisees must provide written notice of their intent to renew 180 to 270 days before the Franchise Agreement expires. They must be in full compliance with the Franchise Agreement and all mandatory System Standards, including any remodeling and refurbishing obligations. Franchisees need to maintain possession of their approved premises or secure and develop new, approved premises according to current mandatory System Standards. The franchisor must also be actively granting new franchises at the time of renewal. Franchisees are required to pay a renewal fee equal to 50% of the then-current initial franchise fee and sign the franchisor's then-current Franchise Agreement, which may contain materially different terms. Additionally, the franchisee and their owners must sign a general release of all claims against Golf Envy Franchising, LLC and its affiliates.
Training & Support Program
Franchisor Assistance
Before a Golf Envy Club opens, Golf Envy Franchising, LLC provides assistance with site selection and lease review and approval. It also offers an initial training program for the franchisee and their Designated Manager, which spans approximately four weeks, including two days of in-person training in Southern California. Franchisees gain access to online Operations Manuals and training modules. The franchisor provides specifications for required equipment, golf simulator systems, and other operational items, along with lists of approved suppliers. Golf Envy Franchising, LLC also approves media, materials, and strategies for pre-sales opening advertising campaigns and may offer guidance on pricing for products and services. During operation, the franchisor provides an email account for business use, periodic refresher training, and advice on operating procedures and purchasing. Golf Envy Franchising, LLC also manages a Marketing Fund for brand promotion and maintains a System Website, including a webpage for each franchisee. The franchisor reviews and approves any franchisee-developed advertising materials.
Initial Training Hours
57
Training Location
Virtual and in person at our designated training facility in Southern California
Ongoing Support
After a Golf Envy Club opens, Golf Envy Franchising, LLC provides ongoing support through periodic additional and refresher training. The franchisor advises on operational specifications and procedures, as well as required and authorized products and services, and supplies a list of approved vendors. Golf Envy Franchising, LLC establishes and operates a Marketing Fund to promote the brand, handles the review and approval of franchisee-developed advertising and marketing materials, and maintains a website for System Clubs. Franchisees are required to participate in an annual meeting or conference.
Franchise Requirements
Ideal Candidate Profile
Golf Envy seeks qualified individuals to operate its Clubs. While the franchise recommends personal participation and management of the Club's daily operations, franchisees may appoint a Designated Manager with Golf Envy's prior written consent. This Designated Manager must work full-time and dedicate their efforts solely to the Club, without engaging in other significant conflicting business activities. For franchisees structured as legal entities, an approved Designated Representative is required. This individual must hold at least 5% ownership in the franchised business, possess decision-making authority, and commit a reasonable amount of time to the Club's operation and supervision. All individuals involved in management or as Designated Representatives must successfully complete Golf Envy's training program. Additionally, spouses of individual franchisees or owners of entity franchisees must sign a guarantee making marital and personal assets liable for the franchise's financial obligations.
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Retail
Owner Participation
Supervisory
Territory Type
Non-Exclusive
Staffing Notes
Golf Envy Franchising, LLC requires that each Golf Envy Club always be supervised by at least one person who has successfully completed the franchisor's initial training program. If the franchisee (or their Designated Representative, if an entity) is not managing the business full-time, they must appoint an approved Designated Manager to work full-time, overseeing daily operations and promoting the brand. The Operations Manual includes an 'Ideal Org Chart and Roles and Responsibilities' along with a 'GM/Operator Schedule' to guide franchisees on team structure and management.