How much does a Five Iron Golf franchise cost?

The FDD lists a total initial investment of about $1,963,500–$4,655,000, including a $50,000 initial franchise fee.

Is a Five Iron Golf franchise worth it?

It depends on the numbers, not the pitch. Five Iron Golf scores C on disclosure honesty, carries about 9% of sales in ongoing fees. Get the real owner take-home before you sign.

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The real numbers on owning a Five Iron Golf franchise

Entertainment - Golf · FDD 2026 · from public state filings

CDisclosure honesty

This franchisor discloses earnings (Item 19) — but read how.

★★★☆☆ FranchiseValidate transparency rating: 3/5

Investment

$1,963,500–$4,655,000

Total fees

9% of sales

Outlets

Closure signals

0 ceased, 0 terminated

Lawsuits

Is Five Iron Golf worth it? How it compares to 131 similar franchises

Ongoing fees	9% of sales	steeper than 60% of other franchises franchises
Startup cost	from $1,963,500	pricier than 96% of peers
Disclosure honesty	Grade C	typical for the category
Closure rate	0.0% of outlets	better than most (median 1.8%)
Disclosed lawsuits	0	fewer than most

Benchmarked against every other franchises franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

What their own earnings claim actually says

18 company-owned centers (2025): avg gross sales $3.02M, avg adjusted EBITDA $742,669 (24.58%). Excludes NYC, high-simulator outliers, newer locations. 2 franchised centers avg $1.53M sales.

Failure & turnover reality (Item 20)

Zero terminations/transfers 2023-2025; only 7 franchised outlets as of 2025 end; early-stage system.

Get the full Five Iron Golf validation report — $149

The franchisor won't put real owner profit in writing. We do — reconstructed from their own FDD.

Franchisor's framing: 18 company-owned centers (2025): avg gross sales $3.02M, avg adjusted EBITDA $742,669 (24.58%).…

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Decoded real failure / closure rate
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Five Iron Golf franchise — frequently asked

How much does a Five Iron Golf franchise cost?: The FDD lists a total initial investment of about $1,963,500–$4,655,000, including a $50,000 initial franchise fee.
How much do Five Iron Golf franchise owners make?: 18 company-owned centers (2025): avg gross sales $3.02M, avg adjusted EBITDA $742,669 (24.58%). Excludes NYC, high-simulator outliers, newer locations. 2 franchised centers avg $1.53M sales. We grade this disclosure C for honesty.
What is the Five Iron Golf franchise failure rate?: Zero terminations/transfers 2023-2025; only 7 franchised outlets as of 2025 end; early-stage system.
Is a Five Iron Golf franchise worth it?: It depends on the numbers, not the pitch. Five Iron Golf scores C on disclosure honesty, carries about 9% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: MN CARDS 36294-202604-09 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Five Iron Golf or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.