Five Iron Golf
Entertainment & Recreation · Sports & Recreation
- Active units
- 7
- Royalty
- 7.0%
Franchised, year-end 2025
of weekly Net Sales
About Five Iron Golf
These brick-and-mortar venues combine advanced golf simulation technology with a social hospitality environment. The business offers various services including private lessons from certified coaches, competitive leagues, and professional club fitting. Locations typically include additional amenities such as multisport simulators and event spaces for corporate or social gatherings. The model serves both serious golfers focused on performance data and casual players seeking an inclusive entertainment experience.
Key terms
- Franchise fee
$50k
- Reduced fee for additional Centers (Development Agreement Rider)
$40,000 for 2nd–5th Centers; $30,000 for each Center after the 5th.
- Further reduction upon completing development then adding more Centers
$20,000 per additional Center after meeting Rider obligations and if approved.
- Brand fund
2.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
5,000 – 15,000 sq ft
- Veteran discount
10.0% off franchise fee — Veterans and first responders pay $45,000 for first Center
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations7
Franchised units open at year-end
- New openings4
Gross new units opened during the calendar year
- 1-year unit growth rate133.3%
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio4.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- 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 rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin27.0%
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$3.3M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns20.1%
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
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Location footprint
Showing 13 of 14 mapped locations
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.