Monster Mini Golf Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$885,235 - $1,535,235
Franchise Fee
$35,000
Min Cash Required
$30,000
Total US Locations
28
Business Summary
MONSTER MINI GOLF® franchises operate entertainment centers for children and adults. These centers feature indoor miniature golf, video games, redemption games, and other activities. They also host events like birthday parties and corporate gatherings. Franchisees can choose to add optional attractions such as laser tag, laser maze, bowling, and food and beverage services.
Corporate History
Monster Mini Golf, operating as Monster Entertainment, LLC, was originally formed in Connecticut in March 2005 to offer its MONSTER MINI GOLF® franchises. The company merged entities in Rhode Island in June 2008, and then merged into a new Nevada limited liability company under the same name in 2019. Monster Mini Golf has been offering franchises since 2005. In January 2023, Multiplying Monsters Corp., a Nevada corporation, acquired all membership interests in Monster Entertainment, LLC, along with its affiliates Try Plan B, LLC and Twisted Toybox, LLC.
Financial Overview
Investment Range
$885,235 - $1,535,235
Franchise Fee (Low)
$35,000
Franchise Fee (High)
$60,000
Minimum Cash Required
$30,000
Royalty %
7%
Marketing %
2%
Equipment Costs (Low)
$697,735
Equipment Costs (High)
$1,284,735
Working Capital
$40,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Monster Mini Golf's financial statements show a positive net income for both 2023 and 2024. In early 2024, the company's former owners repaid all outstanding EIDL, PPP, SBA, and other loans as part of a membership interest purchase agreement, which typically indicates improved financial stability. However, the company has significant loans receivable from its parent company, Multiplying Monsters Corp., totaling over $1 million as of December 31, 2024, and an additional loan receivable from its affiliate, Twisted Toybox, LLC, totaling over $108,000. These loans to related parties are a notable aspect of Monster Mini Golf's financial position. The auditors issued an unqualified opinion on the financial statements, indicating they present fairly without material misstatement.
Financing Details
Monster Mini Golf does not offer any direct or indirect financing to its franchisees. Franchisees are responsible for securing their own financing, and the franchisor does not guarantee any leases or other financial obligations.
Performance Metrics
Total US Locations
28
Franchised Units
25
Corporate Units
3
Avg Square Footage
10,500
Franchising Since
2005
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Monster Mini Golf has no litigation to report in Item 3 of its Franchise Disclosure Document. This means that neither the franchisor nor its key management personnel have been involved in any material litigation or bankruptcy proceedings that require disclosure.
Bankruptcy History
Monster Mini Golf has no bankruptcy history to report in Item 4 of its Franchise Disclosure Document. This means that neither the franchisor nor its management have been involved in any bankruptcy proceedings that require disclosure.
Agreement Terms
Initial Term
5 years
Renewal Term
5 years
Renewal Conditions
To renew their Monster Mini Golf franchise, franchisees must substantially comply with all agreement terms throughout the initial term, maintain possession of an approved location, and make necessary capital expenditures to keep the business updated with current standards. They must also pay all money owed to Monster Mini Golf and its affiliates on time and not be in default of any agreement. Franchisees need to give written notice of their intent to renew 9 to 12 months before the current term ends, sign the franchisor's then-current franchise agreement (which may have different fees but the same protected territory, and will not require a new initial franchise fee), meet current training requirements, and sign a general legal release of claims against the franchisor.
Training & Support Program
Franchisor Assistance
Before opening, Monster Mini Golf assists franchisees with site selection and approval, lease review, and guidance for architectural plans. The franchisor provides a 2.5-week initial training program and 5-7 days of on-site opening assistance. Franchisees receive access to an online Operations Manual and a list of approved suppliers and specifications. After opening, Monster Mini Golf offers ongoing advice via phone, email, and online message boards. They conduct periodic on-site visits for consultation and evaluation, offer ongoing training programs up to twice a year for a maximum of 5 days, and communicate System improvements. The franchisor provides marketing and promotional materials, approves local advertising, and maintains the main Monster Mini Golf website, which may include a page for the franchisee's business. Franchisees are also required to maintain active accounts on designated social media platforms and online directories.
Initial Training Hours
100
Training Location
Virtual (online & conference call) and in-person in Charlotte, North Carolina or another designated Monster Mini Golf business location.
Ongoing Support
After opening, Monster Mini Golf provides ongoing advice and guidance to franchisees by telephone, email, and online message boards. The franchisor conducts periodic on-site visits to the business for consultation, evaluation, and assistance, and may prepare reports detailing any suggested improvements or deficiencies. Monster Mini Golf also makes ongoing training programs available, which franchisees or their managers may be required to attend up to twice a year, not exceeding 5 days in total. Franchisees are responsible for their own travel, lodging, and food costs for these trainings. The franchisor communicates System changes and additions and provides graphics, advertising, and promotional materials upon request. They also approve advertising materials for local and cooperative advertising efforts, maintain the main Monster Mini Golf website with information about franchised businesses, and may require franchisees to maintain active accounts on designated social media platforms and online directories, which must be actively monitored for customer feedback.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
retail
Owner Participation
supervisory
Territory Type
protected
Territory Size Requirements
Monster Mini Golf grants a Protected Territory defined as a geographic area or radius with a minimum population of approximately 350,000 people. This population count is based on the most recent U.S. Census Bureau figures available when the territory is assigned. The exact size and boundaries of the Protected Territory will be determined by factors like population, drive time, natural boundaries, demographics, and traffic counts, and will be specified using streets, zip codes, or other appropriate geographic markers in the Franchise Agreement or an exhibit.
Staffing Notes
Monster Mini Golf requires that the franchised business always be under the direct, full-time supervision of a Designated Manager who dedicates at least 35 hours per week to managing daily operations. If the franchisee is an individual, they are typically the Designated Manager. If the franchisee is a business entity, they must select an individual to serve as the Designated Manager. The Operations Manual provides extensive details on personnel, including fair employment practices, recruitment, employee profiles, orientation, and various training workshops for roles like 'Cemetery Animator' and 'Master of Entertainment'. It also covers employee evaluation, discipline, termination, scheduling, dress codes, and personnel policies.