Five Iron Golf Franchise FDD, Profits & Costs (2025)
Five Iron Golf was established in 2017 in New York City and has grown from a single simulator studio into a worldwide name in indoor golf entertainment. The company, headquartered on 5th Avenue in New York, now operates more than 30 venues across 13 U.S. states and in international markets such as Singapore, India, Australia, and the UAE.
The brand entered franchising in May 2022, introducing an innovative model that combines golf with hospitality and social experiences.
Each location is equipped with state-of-the-art TrackMan simulators, complemented by full bars, curated food menus, and activities like shuffleboard and pool. This mix draws in golf enthusiasts, casual players, and groups seeking dynamic event spaces.
Five Iron Golf differentiates itself through its inclusive, tech-driven approach and welcoming vibe. With strong industry alliances and backing from hospitality leaders, the company is firmly positioned as a frontrunner in the fast-growing “eatertainment” sector.
Initial Investment
How much does it cost to start a Five Iron Golf franchise? It costs on average between $1,729,000 – $4,330,000 to start a Five Iron Golf franchised facility.
This includes expenses for build-out, golf simulators, furnishings, signage, and initial working capital. The total investment varies based on factors such as the size of the facility, the market location, and whether the franchisee opts to lease or buy the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $50,000 |
| Real Estate, Lease, Utility and Security Deposits | $75,000 – $375,000 |
| Leasehold Improvements | $750,000 – $2,500,000 |
| Design & Architectural Fees | $40,000 – $75,000 |
| Furniture, Fixtures, and Equipment | $650,000 – $1,000,000 |
| Interior and Exterior Signage | $20,000 – $50,000 |
| Computer System | $5,000 – $10,000 |
| Professional Fees | $2,500 – $15,000 |
| Opening Inventory | $10,000 – $25,000 |
| Opening Supplies | $5,000 – $15,000 |
| Grand Opening Program | $35,000 – $50,000 |
| Training Expenses | $1,000 – $5,000 |
| Insurance | $5,000 – $10,000 |
| Additional Funds – 3 months | $80,000 – $150,000 |
| Total Estimated Initial Investment | $1,728,500 – $4,330,000 |
Average Revenue (AUV)
How much revenue can you make with a Five Iron Golf franchise? A Five Iron Golf franchised center makes on average $1,827,000 in revenue (AUV) per year.
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Frequently Asked Questions
How many Five Iron Golf locations are there?
As of the latest available data, Five Iron Golf operates approximately 22 locations worldwide, spanning 13 U.S. states and five countries, including Singapore, India, Australia, and the UAE.
What is the total investment required to open a Five Iron Golf franchise?
The total investment required to open a Five Iron Golf franchise ranges from $1,729,000 to $4,330,000.
What are the ongoing fees for a Five Iron Golf franchise?
Five Iron Golf franchisees pay an ongoing royalty fee of 7% of gross revenue, which covers access to marketing support, the brand’s reservation system, supplier networks, and other operational infrastructure.
What are the financial requirements to become a Five Iron Golf franchisee?
To qualify as a franchisee, Five Iron Golf requires a substantial level of liquid capital—around $480,000—to ensure you can fund the investment, manage early-stage operations, and maintain financial stability.
How much can a Five Iron Golf franchise owner expect to earn?
The average gross sales for a Five Iron Golf franchise are approximately $1.83 million per location. Assuming a 15% operating profit margin, $1.83 million yearly revenue can result in $275,000 EBITDA annually.
Who owns Five Iron Golf?
The Five Iron Golf franchise is owned by Five Iron Golf Franchising LLC, a company headquartered in New York City.
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