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GolfTEC, the Denver, CO based provider of high-tech golf instruction,
signed six franchise development agreements in its fiscal 2004 fourth
quarter. Since the launch of the company's franchise initiative
less than one year ago 11 franchise development agreements have
been signed. Agreements have been executed in Austin, TX., Detroit,
MI., Chicago, IL., Miami, Fl., Milwaukee, WI., North Los Angeles,
CA., Orange Country, CA., Phoenix, AZ., San Antonio, TX., San Francisco,
CA and West Los Angeles, CA.
GolfTEC is the first high-tech golf instruction company to successfully
franchise. In addition to 16 corporately owned locations, six franchise
operations are open for business. Two additional corporate locations
and six franchise locations are scheduled to open by year-end.
"We are pleased that our franchisees have been able to capitalize
on such a huge market opportunity," said Joe Assell, GolfTEC
President and Co-founder. "Together we are experiencing substantial
nationwide growth and I am proud to share the GolfTEC brand and
technology with such a fine group of franchisees. I look forward
to the day that GolfTEC has students improving their game in every
major market in the U.S."
A total of thirty-eight franchise locations have been committed
to open over the next three to four years. Company executives estimate
the total opportunity for GolfTEC Learning Centers to be 175 - 200
locations across the U.S.
For inquires contact Kelly Hardy at 303.779.9900 x207 or fill out
a franchise application online at:
www.golftec.com/franchise
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GOLFTEC
SIGNS 6 NEW FRANCHISE DEVELOPMENT AGREEMENTS
