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Franchise Disclosure Documents are 200+ page legal filings every franchisor must provide. We've read 1,700+ of them and extracted the key data — fees, revenue, contacts, litigation, and more — so you don't have to.
The Back Nine
The Back Nine franchise enables operators to run a 24-hour indoor golf facility featuring three to five Full Swing simulators, club fitting services, golf lessons, and party/event spaces. Franchisees provide services and products to subscribing members and the general public using the Back Nine marks, distinctive trade dress, and proprietary operating procedures. The business targets golfers seeking indoor golf experiences and specialty services in a rapidly growing yet highly competitive market.
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Franchise Costs
8% royalty + 1% brand fund (up to 4%) + $250/mo marketing system fee + $350/mo internal systems fee + $2,000 per simulator annual software fee (monthlyized; 3-5 simulators)
Financial Performance
Item 19 Financial Performance
Data Based On: 45 operating franchised outlets for 2023
* Average gross revenue is the 'Network Average' of $151,770 provided in the summary box and the 'Total' row for '2023 Avg. Gross Revenue' for 45 franchised outlets. Median and quartile revenues are calculated from the list of 45 individual unit annual gross revenues provided in the '2023 Avg. Gross Revenue' column. The average EBITDA ($50,210) and average Net Profit ($40,500) are taken from the 'Total' rows for their respective columns for the 45 units. EBITDA margin calculated as average_ebitda / average_gross_revenue. Best guess profit range is based on the average net profit.
Extracted Item 19 Section
Avg. Revenue: $151,770
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How The Back Nine Compares
Key Insights
- Top 10 largest franchise system in Sports & Recreation
- Higher than average SBA loan default rate in Sports & Recreation
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
The Back Nine Current | $307K – $689K | $50K | 8.0% | 120 |
| i9 SPORTS | $60K – $70K | $25K | 7.5% | 294 |
| FREEDOM BOAT CLUB | $224K – $503K | $50K | 6.0% | 269 |
| AQUA-TOTS SWIM SCHOOLS | $1.6M – $2.9M | $50K | 6.0% | 131 |
| X-GOLF | $1.1M – $1.7M | $40K | 7.0% | 122 |
| SAFESPLASH SWIM SCHOOL | $961K – $1.3M | $55K | 6.0% | 106 |
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.
SBA Loan History
Historical SBA 7(a) loan data for The Back Nine franchisees (2023 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
84 SBA loans on record
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Franchisee Contacts
418 franchisee contacts on file from official FDD filings.
418 Contacts Available
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Due 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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Frequently Asked Questions
The total initial investment to open a The Back Nine franchise ranges from $307,050 to $688,500. This includes a franchise fee of $50,000. Ongoing royalty fees are 8.0% of gross sales.
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