Meet Nick Reimondo
Nicholas “Nick” Reimondo is a Central New Jersey entrepreneur who came to TruGolf Links with 17 years of hospitality experience working with Hyatt, Starwood Hotels and Deloitte consulting. In 2020, he challenged his entrepreneurial appetite and began working in his own Amazon Delivery Service Partner business, which allowed him to build capital for a larger investment. Now, with his substantial investment in TruGolf, Reimondo aims to bring the concept to the East Coast, fueling the indoor golf simulator scene with the most modernized technology. Nick is an avid golfer and a member of TPC Jasna Polana in Princeton, NJ. An enthusiastic live events fan, Nick and his longtime partner Vivien regularly attend live concerts, NY Islanders, Rangers, Mets and Jets games.
Email: Nickr@trugolflinks.com
Phone: 609-422-9631
Why Franchise With Us?
Franchise with us and become a part of the indoor golf revolution! As a franchise owner, you’ll have the unique opportunity to tap into the booming indoor golf market, backed by our expert franchise dedicated support team. Joining our franchise family means leveraging a brand that’s among the leading golf simulator manufacturers and distributors of golf simulator equipment, including software and hardware, with over 500,000 simulator users in 40 countries and pushing the boundaries of sports simulation while passionately creating an incredible experience for casual and dedicated golfers alike all while enjoying the benefits of a thriving and rewarding business venture. With our expertise and your dedication, together, we’ll make a big impact on the indoor golf community and bring the exhilarating sport to enthusiasts across the nation. Franchise with us today and let’s make indoor golf history together!
Faqs
Facts About Our Franchise Program
Who is TruGolf Links™ Ideal Franchisee?
We’re looking for golf enthusiasts and entrepreneurs who are passionate about the sport and eager to be at the forefront of this sporting revolution in their community. Our regional developer franchise model is designed for entrepreneurs who want to build out a territory of TruGolf Links locations and existing multi-unit franchise operators looking to diversify their portfolio, with a fun concept in the hottest growing sport in America.
What Does TruGolf Links™ Provide Franchisees?
We provide a turn-key program with fully designed prototypical drawings, a learning management system to train your teams and keep them current, generous territories with a marketing playbook to build your customer base, and an indoor golf concept with a streamlined customer experience and leading program offerings.
What Makes the TruGolf Links™ Approach Unique?
At TruGolf Links, we believe in Golf, Easy. Your business should be a hole-in-one and the customer experience should be, too! Our state-of-the-art virtual simulations ensure you can tee up the magical essence of outdoor golf in a more controllable, accessible and available indoor experience that will bring back your customers again and again. As golf enthusiasts ourselves (we’ve been in the game for over 40 years), we know exactly what players seek in a facility. That’s why we’ve curated a welcoming environment tailored to both newcomers and seasoned players. We understand the unique needs of the indoor golf business, and strive to provide tools that make strategy, creativity, analytics and operations easy. E6 CONNECT is more than golf – it offers commercial tools to help you grow the business. As the premier choice for indoor golf simulation, we offer the most advanced, accurate, and realistic gameplay. From a proprietary ball flight simulation model to ultra-realistic putting, TruGolf provides an unparalleled range of options for every player.
What are the Minimum Financial Requirements?
For our single-center franchise you’ll need $100,000 liquid and a net worth of $500,000. For our Regional Developer franchise, you’ll need $250,000 liquid and a net worth of $1M. While we don’t offer financing, we have a vendor partner ready to work with you to support your financing needs.
What is the Estimated Initial Investment to Open a TruGolf Links™ Franchise?
Single-Center:
- $45,000 Franchise Fee
- 6% Royalty
- $689,745 Initial Investment
Regional Developer:
- $75,000 Territory Fee for 1 Million Population
- Sales Compensation Equal to 50% of Franchise Fees Collected
- Service Compensation Equal to 50% of Royalty Collected
What is the Timeline to Open a TruGolf Links™ Franchise?
We anticipate it will take between 90 and 180 days to open your TruGolf Links after you sign your franchise agreement. A variety of factors may impact the timing of your opening, such as the site selection process and condition of the space. Our expert support team will be here with you every step of the way to ensure a smooth and successful opening!
The '7-'Iron' Streams of Revenue
A 7-iron can help you calibrate your shots, gain confidence, and hit the ball straight just as with being a TruGolf Links™ franchisee, you can earn revenue from a streamlined, attractive, and well-thought-out suite of services that create a fun, safe, and welcoming environment for your customers. Our business model includes 7-Iron streams of revenue which help you maximize your profits in and outside the simulator bays. These revenue streams consist of Memberships, Leagues, Simulator Bay Rentals, Food and Beverage, Parties and Private Events, Pro Shop, and Gift Cards. It’s important to remember that your audience is not limited to B2C, as our franchisees have the ability to be the local distributor for simulators of all sizes and budgets for your community and has the potential to be a significant revenue stream in your local market.
- Memberships
- Leagues
- Food & Beverage
- Parties & Private Events
- Pro Shop
- Gift Cards
- Simulator Distribution
Benetrends Financial
Securing funding is vital when buying a franchise or starting a business. With over 40 years of experience, Benetrends has been assisting entrepreneurs through its comprehensive suite of innovative funding solutions. Their popular programs include the Rainmaker Plan® (IRA/Rollover) and SBA small business loan programs.
Benetrends continuously offers cutting-edge solutions, like The Rainmaker Advantage Plan®, which minimizes or eliminates taxes due on the sale of a business. They also provide a Securities Backed Line of Credit and Equipment/Fleet Leasing options.
Let Benetrends Financial be your trusted partner in turning your dreams into reality, offering unparalleled expertise and a passion for entrepreneurial growth.
*Exclusions apply. Please consult with our funding experts for full details.
**SBA Loan Money-Back Fee Guarantee: If Benetrends accepts your application for processing, we guarantee your application will be approved or we refund 100% of our fee.
***Once approved, a financial package will be needed for verification.
