MONSTER MINI GOLF

Item 7 in the 2025 FDD lays out the full investment: $885,235 to $1,535,235 for a 9,000-12,000 sq ft venue in high-traffic retail, covering build-out, games, glow golf, party rooms, and more. Upfront franchise fee hits $60,000, followed by 7% royalties, 2% brand/ad fund, and a $1,500 annual tech fee ($125/mo). At 25 franchised locations plus 3 corporate (up from 24 total in 2023, +4% growth), they're projecting 14 new units—decent momentum in entertainment, but small scale means you're betting on local party traffic in dense areas.

SBA records show 22 loans averaging $900,936 with a 13.6% default rate, higher than many but not catastrophic for a niche play like this—suggests accessible financing yet some owners struggle. No Item 19 means no official revenue or profit benchmarks, forcing reliance on calls to franchisees or industry comps (family fun centers often hit $500K-$1M sales). If you nail events and foot traffic, margins could shine post-ramp-up, but high build costs and royalties eat into slim years—solid for passion-driven buyers, riskier for pure ROI chasers.