GolfCave Franchise FDD, Profits & Costs (2025)
GolfCave is an expanding franchise in the indoor golf industry, established in 2012 in Clark, New Jersey. Its corporate offices remain in Clark at 1 Clarkton Drive, and the brand launched its franchising program in 2022 under GolfCave Franchising LLC. From this location, the company manages and supports its franchise operations.
The concept centers around private simulator bays called “Caves,” equipped with advanced TrackMan technology. These suites are designed to be accessible around the clock, allowing golfers to practice and play at any time.
Revenue streams include membership programs, golf lessons, hourly play, and event rentals. What differentiates GolfCave is its focus on delivering a year-round, technology-driven golfing experience that eliminates weather concerns while maintaining a premium atmosphere.
Initial Investment
How much does it cost to start a GolfCave franchise? It costs on average between $501,000 – $999,000 to start a GolfCave franchised facility.
This includes expenses for build-out, golf simulator technology, furnishings, and initial working capital. The total investment can vary based on factors such as the size of the facility, local real estate costs, and whether the franchisee decides to lease or own the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $50,000 |
| Training expenses (transportation / lodging) | $2,000 – $5,000 |
| Real property, if leased | $12,750 – $48,000 |
| Construction / remodeling / leasehold improvements | $207,967 – $448,313 |
| Office equipment and supplies, décor, fixtures and furnishings | $42,693 – $74,713 |
| CPUs, monitors, televisions, projectors, and miscellaneous electronics | $32,000 – $56,000 |
| Golf simulators (includes first year of simulator software) | $80,000 – $140,000 |
| Initial monthly subscription for third-party telephone software | $160 (2 months) |
| Initial annual subscription for access control software | $600 |
| Point of sale system (cash register, receipt printer, etc.) | $1,000 |
| Opening advertising | $5,000 – $20,000 |
| Inventory to begin operating (branded merchandise and gift cards) | $3,500 |
| Security deposits | $8,500 – $32,000 |
| Organizational expenses | $500 – $2,500 |
| Permits and licenses | $5,000 – $10,000 |
| Professional fees | $5,000 – $15,000 |
| Uniforms | $900 – $1,600 |
| Signs | $5,000 – $20,000 |
| Insurance – 3 months | $3,000 – $5,250 |
| Additional funds (initial period – 3 months) | $35,000 – $65,000 |
| TOTAL | $500,570 – $998,636 |
Average Revenue (AUV)
How much revenue can you make with a GolfCave franchise? A GolfCave franchised business makes on average $741,000 in revenue (AUV) per year.
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Frequently Asked Questions
How many GolfCave locations are there?
As of the latest information, GolfCave operates 3 company-owned locations.
What is the total investment required to open a GolfCave franchise?
The total investment required to open a GolfCavee franchise ranges from $501,000 to $999,000.
What are the ongoing fees for a GolfCave franchise?
A GolfCave franchise carries an ongoing royalty fee of 8.5% of gross sales. In addition, franchisees contribute to a brand advertising and marketing fund, which is generally set at 3% of sales.
What are the financial requirements to become a GolfCave franchisee?
To become a GolfCave franchisee, you must have a minimum net worth of $500,000, and at least $150,000 in liquid capital.
How much can a GolfCave franchise owner expect to earn?
The average gross sales for a GolfCave franchise are approximately $0.74 million per location. Assuming a 15% operating profit margin, $0.74 million yearly revenue can result in $111,000 EBITDA annually.
Who owns GolfCave?
The GolfCave franchise is owned by GolfCave Franchising LLC, which manages the brand’s franchise development and operations from its headquarters in Clark, New Jersey.
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