Another Nine
Entertainment & Recreation · Sports & Recreation
- Active units
- 0
- Avg unit volume
- $288k
- Royalty
- 7.0%
Franchised, year-end 2025
Item 19 cohort year 2026
of weekly Net Sales
About Another Nine
Another Nine is a brand that was established in 2023 by two passionate dads looking to enhance the golfing experience. Our mission is to create a space where all the best aspects of golf are accessible under one roof, regardless of the weather or time of day. Our state-of-the-art simulators provide an immersive golfing experience that closely replicates the real thing, all within the comfort of a private indoor simulator suite. With advanced sensors and analytics, players receive valuable feedback on their swing to help them improve their game. Our premium amenities, including comfortable seating and entertainment options, make Another Nine the perfect place to enjoy the game with friends. And yes, you can even bring your own beverages! Whether you're looking to practice, play a round, or simply have fun, Another Nine invites you to join us for a unique golfing experience. Reserve your tee time today and be the first to access exclusive offers and events by subscribing to our newsletter. Let's play Another Nine!
Key terms
- Franchise fee
$50k
- Existing franchisee discount
If you already have an Another Nine franchise and are not in default, the initial franchise fee is discounted to $44,500.
- Brand fund
1.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
1,600 – 3,500 sq ft
- Area Development Agreement - 2 locations
$90k
- Area Development Agreement - 3 locations
$120k
- Area Development Agreement - 4 locations
$150k
- Area Development Agreement - 5 locations
$180k
- Area Development Agreement - each additional location beyond 5
$30k
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$288k
Item 19 cohort year 2026
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate10.2%
Year-over-year change in median AUV
- Store-level EBITDA Margin56.4%
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$554k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open9 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio0.5×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns29.3%
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.