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Another Nine
Another Nine franchises operate upscale indoor golf facilities offering 24/7 access to private golf simulator suites for playing full rounds of golf, participating in tournaments, entertaining guests, and improving skills. The business model emphasizes minimal overhead and labor costs through a proprietary self-service access system, memberships, lessons, leagues, merchandise, and vending food/beverage. It targets golf enthusiasts, members, and casual players seeking convenient, private indoor golf experiences.
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Franchise Costs
7% royalty + 1% marketing fund + $350/mo digital fee + $25/mo per suite guest services + $10/mo per access point software support + $12/mo per camera device support
Financial Performance
Item 19 Financial Performance
Data Based On: One company-owned indoor golf facility, representing 100% of all company-owned locations operating under the franchise system for the twelve-month period ending June 30, 2025.
* The financial performance data is derived from a single company-owned unit. The Annual Gross Revenue is stated as $261,168. Net Operating Income is explicitly reported as $143,574. Total Operating Expenses of $117,593 are detailed by percentage breakdown. As a specific profit range was not provided and Net Operating Income is a precise figure, this value is used for average_net_income, best_guess_profit_low, and best_guess_profit_high.
Extracted Item 19 Section
Avg. Revenue: $261,168
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Unlock financial performance dataAnother Nine Franchise Analysis
The allure of indoor golf is capturing enthusiasts craving year-round play without weather woes, and Another Nine's upscale simulator suites promise a premium twist on this trend. Item 19 peels back the curtain on early revenue and profit data that punches above its weight for a brand new to franchising. But in a system with just one corporate location since 2024, does this high-tech, low-labor play hit fairway or land in the rough?
Diving into Item 7, initial investment spans $299,950-$756,350, covering the $49,500 franchise fee, buildout for private suites, simulators, and self-service tech. Fees stack up with 7% royalty, 1% brand/ad fund, plus ongoing $350/month digital fee, $25/month per suite for guest services, $10/month per access point, and $12/month per camera—potentially adding $1,000+ monthly for a standard setup. Item 19 shines brightest: average gross revenue hits $261,168 across disclosed units, with estimated profit pinned at exactly $143,574, implying a stellar 55% margin fueled by memberships, vending, and minimal staff via proprietary access system.
System health reflects its infancy—zero franchise units open, one corporate in Covington, KY, and Item 20 projects just 2 new units amid modest growth plans. No terminations, transfers, or closures reported, but the lack of scale raises flags on proven expansion. For sports investors, $143K profit potential on sub-$300K entry tempts in a $1B+ indoor golf market, yet betting on untested franchisor execution demands caution amid rising competition.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How Another Nine Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Another Nine Current | $300K – $756K | $50K | 7.0% | 0 |
| i9 SPORTS | $60K – $70K | $25K | 7.5% | 294 |
| FREEDOM BOAT CLUB | $264K – $623K | $50K | 6.0% | 288 |
| AQUA-TOTS SWIM SCHOOLS | $1.6M – $2.9M | $50K | 6.0% | 131 |
| X-GOLF | $1.1M – $1.7M | $40K | 7.0% | 122 |
| The Back Nine | $307K – $689K | $50K | 8.0% | 120 |
Sports & Recreation Average 26 franchises | $1.8M – $2.8M | $1.0M | 7.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 26 Sports & Recreation franchises by location count.
Franchisee Contacts
1 franchisee contacts on file from official FDD filings.
1 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Another Nine franchise ranges from $299,950 to $756,350. This includes a franchise fee of $49,500. Ongoing royalty fees are 7.0% of gross sales.