Five Iron Golf

Five Iron Golf

Information based on 2024 FDD

Recreation & Entertainment · Entertainment Centers

Investment min
$2M
Total: $2M–$4M
Avg gross revenue
$2M
Unit-level, 2024
Franchise fee
$50K
Per current disclosure
Royalty
7%
of gross revenue
Locations
22
Franchising since 2022

Description

What is Five Iron Golf?

Five Iron Golf is revolutionizing the indoor golf experience by combining state-of-the-art simulation technology with a vibrant, social atmosphere. Founded in 2022, this rapidly expanding franchise has quickly established itself as a premier destination for both avid golfers and newcomers to the sport.

What sets Five Iron Golf apart is its unique blend of serious golf training and casual entertainment. Each location features premium TrackMan simulator technology, providing accurate data and analytics for those looking to improve their game. The facilities offer professional instruction from PGA-certified coaches, making it an ideal venue for lessons, practice sessions, and skill development.

Beyond the technical aspects, Five Iron Golf creates an inclusive, welcoming environment that breaks away from traditional golf's stuffy reputation. Locations feature full-service bars, quality food options, and comfortable lounge areas, making it perfect for corporate events, date nights, or casual gatherings with friends. The venues also offer additional entertainment options like multi-sport simulators and games, ensuring everyone can enjoy themselves regardless of their golf expertise.

The franchise has garnered tremendous praise for its exceptional customer service, with staff consistently recognized for their knowledge, friendliness, and ability to create a positive atmosphere. Whether you're a scratch golfer working on your swing or a complete beginner looking to learn in a pressure-free environment, Five Iron Golf provides a modern, accessible approach to golf that's perfect for urban markets and year-round play.
  • State-of-the-art golf simulator technology with high-speed swing cameras
  • Premium urban entertainment positioning across major metropolitan markets
  • Full-service sports bar with delectable food and cocktail menus
  • Comprehensive entertainment amenities including multisport simulators, pool tables, shuffleboard, and air hockey
  • Professional club fitting services and world-class golf instruction
  • Dynamic play, practice, and party atmosphere under one roof

Location Analysis

Where Five Iron Golf wins

Five Iron Golf demonstrates strong market penetration in the urban Northeast and Midwest regions, with widespread coverage across multiple states. The franchise shows particular density throughout New Jersey and New York, suggesting successful adaptation to metropolitan markets with high-income demographics and limited outdoor golf access. The exceptional customer ratings across thousands of reviews indicates strong market execution and customer satisfaction, particularly in urban centers.

Notable concentrations in states like Michigan, Ohio, and Illinois reveal a successful expansion strategy targeting markets with seasonal outdoor golf limitations. This indoor golf concept appears most successful in areas combining dense urban populations, higher disposable incomes, and climate constraints on traditional golf.

Ideal locations typically include Class A retail or office spaces in urban cores or upscale suburban areas with strong corporate presence and active young professionals. Key success factors include proximity to business districts, high foot traffic areas, and affluent residential neighborhoods. While current coverage focuses on the Northeast and Midwest, significant expansion opportunities exist in similar urban markets across the Southeast and West Coast, particularly in cities with comparable demographics and climate patterns.
Total US locations
22
Franchise units
N/A
Corporate locations
22
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Five Iron Golf

Avg gross revenue$2,441,394
Investment range$1,728,500 – $4,330,000
Investment midpoint$3,029,250
Brand fund2%
Royalty7%
Franchise fee$50,000
Min. net worth
Min. liquid capital
Five Iron Golf requires a substantial investment of $1.73M to $4.33M, positioning it as a premium franchise opportunity within the entertainment centers sub-sector. This investment significantly exceeds sub-sector averages of $1.56M to $2.93M, reflecting the sophisticated technology infrastructure including state-of-the-art golf simulators, full-service sports bar, and comprehensive entertainment amenities. The high capital requirements suggest ideal candidates need substantial liquid capital and net worth, likely requiring SBA financing or investor partnerships for most franchisees.

With gross revenue of $2.44M, Five Iron substantially outperforms the sub-sector average of $1.68M, demonstrating strong revenue potential that justifies the premium investment. The concept addresses year-round golf accessibility while capturing the broader entertainment spending trend in urban markets. However, the substantial investment range variation indicates significant site-dependent costs, likely influenced by real estate, market size, and buildout complexity.

Established in 2022 with 22 units, Five Iron represents an emerging franchise system with rapid early expansion. While this demonstrates market acceptance, prospective investors face inherent risks associated with newer franchise systems including limited operational history and evolving support infrastructure.

The concept requires sophisticated operational management given the technology integration, food service, and entertainment components including club fitting, multisport simulators, pool tables, shuffleboard, and air hockey. Territory exclusivity and market protection become critical given the high investment and specific demographic targeting.
Did you know? Did you know that bringing Five Iron Golf's innovative indoor golf and entertainment experience to your community requires a total investment between $1,728,500 and $4,330,000, which covers everything from the $50,000 franchise fee to the high-tech simulators, premium bar and dining setup, and complete buildout needed to create this unique social golfing destination?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$2M–$4M
Most common
$1,728,500
Minimum
$3,029,250
Midpoint
$4,330,000
Maximum

Per FDD Item 7, total initial investment ranges from $1,728,500 to $4,330,000. The midpoint $3,029,250 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$3M$2M$2M$1M$600KN/A
$2M
2022
2023
2024
Avg
$814K
YOY change (2023 -> 2024)

According to Item 19 of the Franchise Disclosure Document, Five Iron Golf has an average gross revenue of $2M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+47% YoY
2520151050
2019
2020
2021
2022
2023
2024
22 units open as of 2024 FDD+7 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Five Iron Golf's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Five Iron Golf franchise typically ranges between $1,728,500.00 and $4,330,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Five Iron Golf
Five Iron Golf
$2M avg revenue · 0+ US franchises

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