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TGA Premier Sports Franchise Costs, Fees & Profits

TGA Premier Sports Franchise Costs, Fees & Profits (2024)

Here’s what you need to know if you’re interested in opening a TGA Premier Sports franchise.

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KEY FRANCHISEE INFORMATION

Here are the most important stats to know for franchisees.

NUMBER OF LOCATIONS

71

INITIAL INVESTMENT

$63,000 – $101,000 

ROYALTY FEE

8.00%
revenue

REVENUE PER YEAR

$105,000

TGA Premier Sports is a prominent name in the youth sports industry, particularly known for its tennis and golf franchise operations. Established in 2002, TGA began franchising in 2006 and has been dedicated to sparking children’s passion for sports, emphasizing not just skill development in golf and tennis but also the importance of academic learning and life lessons through sports.

The organization began with a single program in a school’s hallway and has since expanded into a nationwide network with locations across the United States, underscoring its commitment to fostering a love for sports among young people.

The franchise is headquartered in New York, NY, at 606 Columbus Ave. It stands out in the youth sports franchising sector as a trusted provider of introductory and recreational programming for not only golf and tennis but also other team-based sports.

Number of locations

TOTAL UNITS
71
FRANCHISED UNITS
62

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Initial investment

INITIAL INVESTMENT
$63,000 $101,000 

Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.

Franchise fees & Royalties

ROYALTY FEE
8.00%

Initial Franchise Fee

The initial franchise fee ranges from $44,550 to $49,500, payable in a lump sum at the signing of the Franchise Agreement.

Royalty Fee

Franchisees must pay a royalty equal to the greater of 8% of Gross Revenues or a minimum royalty. The minimum royalty is $1,200 per month for the Core Program, plus an additional $50 per sport for the Plus Program, starting on the seventh month following the commencement of operations.

Technology Fee

The technology fee for the first TGA Franchised Business is $200 per month. For the second YAU Brand business, it’s reduced to $150 per month, and for the third and subsequent YAU Brand businesses, it’s further reduced to $100 per month. This fee is for maintaining the franchisee’s presence on the TGA internet web system, access to the TGA Back Office Platform, and full access to Google Workspace’s applications for all owners.

Additional Fees

Other fees may include interest on overdue payments, accounting fees if an audit reveals discrepancies, document preparation fees up to $1,500 depending on the transaction, operation fees in case of the franchisee’s death or disability, data security safeguard costs, and more.

Profits

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How to apply

1: Discovery Call

  • This initial phase is about mutual acquaintance. It’s essential to ensure both parties—yourself and TGA Premier Sports—see a beneficial partnership. This stage sets the foundation for understanding the franchise’s ethos and your alignment with it.

2: Review FDD Phone Call

  • Next, you’ll delve into the Franchise Disclosure Document (FDD). It’s crucial to review this document meticulously, as it contains all the legal and financial aspects of the franchise. This stage is an opportunity to clarify any uncertainties you may have.

3: Design Your Territory

  • A critical step where TGA Premier Sports helps outline your potential business territory, ensuring it maximizes your franchise’s success potential. Engaging with existing franchise owners may provide practical insights during this phase.

4: Corporate Leadership Call

  • Engaging directly with TGA’s leadership allows for deeper insights into the franchise’s operational ethos and your role within the larger network. It’s an excellent opportunity to address any lingering questions.

5: Application Review

  • Your application undergoes a thorough review, ensuring all prerequisites are met. This step also serves to address any final queries and to solidify the mutual commitment between you and TGA Premier Sports.

Step 6: Sign Agreement & On-Boarding

  • The final step where you officially become part of the TGA Premier Sports franchise family. The onboarding process is comprehensive, equipping you with all necessary knowledge and tools to operate your franchise successfully.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

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