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FRANCHISE RESALES

Buy a Five Iron Golf Franchise

Five Iron Golf is an indoor golf and entertainment franchise in the fast-growing “eatertainment” category, pairing TrackMan and Full Swing simulators with a full bar, food menu, lessons, club fittings and social leagues. Founded in 2017 in New York City’s Flatiron District, it serves serious golfers and casual social and corporate-event crowds alike.

The model is built around large-format venues in major cities and walkable suburbs, combining simulator bays, practice areas, membership programmes and a food and beverage operation under one roof. Since launch the brand has grown from a single location to 32 venues across 13 U.S. states and 5 countries.

Five Iron Golf is backed by Danny Meyer’s Enlightened Hospitality Investments and Callaway Golf, a pairing that combines restaurant-industry expertise with golf-equipment credibility. The brand positions itself as an operator-first hospitality business rather than a traditional golf concept, emphasising accessibility and a sports-bar atmosphere.

Latest Resales

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Why buy a Five Iron Golf Franchise?

To buy a Five Iron Golf franchise is to enter the eatertainment category with a brand that has built strong urban recognition in a resilient, growing corner of the golf market. The venue model spreads revenue across simulator rentals, memberships, instruction, league play, corporate events and a full food and beverage operation, encouraging repeat visits rather than one-off play.

The backing of Danny Meyer’s Enlightened Hospitality Investments and Callaway Golf gives franchisees access to restaurant-grade hospitality systems, supplier relationships and golf-industry credibility that an independent operator would struggle to assemble. Owners also tap established operational playbooks, marketing support and tech-first instruction systems.

Five Iron Golf Franchise Costs & Information

Based on 2025 data reported in the 2026 FDD

  • Brand Profile

    • Year Founded

      2017

    • Franchising Since

      2023

    • New Startup Cost

      $1,963,500 – $4,655,000

    • Avg. Resale Price

      Contact us for details

  • Franchise Fees

    • Initial franchise Fee

      $50,000

      for new territories

    • Transfer Fee

      25%

      of then-current Initial Franchise Fee

    • Royalty Fee

      7%

      of monthly Gross Sales

    • Marketing Fee

      2%

      of monthly Gross Sales

  • Unit Performance

    • Total Units *

      37

    • New Units Opened *

      4

    • Units Transferred *

      0

    • Avg. Unit revenue *

      $1,533,704

    * Based on 2025 data reported in the 2026 FDD

Five Iron Golf – Additional  Information

  1. Training & Support

    Franchisees receive structured onboarding built around 40 hours of classroom training and 80 hours of on-the-job training, supported by operational playbooks covering day-to-day venue management. Ongoing support spans marketing, the food and beverage program, technology and enterprise systems, supplier relationships, tech-first golf instruction and business-development guidance from a corporate team that has run the concept since 2017. Buyers of an existing Five Iron Golf venue should confirm what transfer training and enterprise-system access the franchisor provides to incoming owners.

  2. Ideal Owner

    Five Iron Golf suits hospitality-minded operators comfortable running a high-energy, high-traffic venue with a significant food and beverage component. The model rewards owners who can recruit and manage front-of-house and bar staff, drive membership and event sales, and maintain a polished guest experience across long opening hours. Restaurant, bar or entertainment backgrounds fit naturally, and many owners operate as managing investors with a strong general manager in place. Prior golf expertise is not required, though enthusiasm for the brand's social, tech-driven take on the game helps.

  3. Recognition & Awards

    Five Iron Golf was named to the National Golf Foundation's Top 100 Businesses in Golf (2025) and ranked #10 on Restaurant Business's 2024 Future 50 list of fastest-growing restaurant concepts. CEO Jared Solomon received the EY Entrepreneur Of The Year 2025 New York Award. The brand has drawn coverage from CNBC, Golf Digest and Nation's Restaurant News, and a $20 million 2024 investment from Danny Meyer's Enlightened Hospitality adds further credibility. Resale buyers should weigh brand-level recognition alongside the specific venue's local reviews and reputation.

  4. Industry / Market

    Five Iron Golf operates in the U.S. off-course golf and "eatertainment" market, a category that has expanded sharply since the pandemic. The National Golf Foundation reports that off-course participation has overtaken on-course play for the first time, with roughly 27.9 million Americans playing off-course versus 25.6 million on traditional courses. Demand is driven by younger, urban players seeking social, technology-enhanced experiences and by rising course fees. For resale buyers, this tailwind supports demand, though venue performance still depends on local density, competition and the membership and events base.

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