How much does an Another Nine franchise cost?
Opening an Another Nine franchise takes a total initial investment of $333,950 to $824,350, according to the brand's 2025 Franchise Disclosure Document. That FDD's Item 19 publishes no median; it reports figures for annual gross revenue (TTM ending 6/30/2025): $261,168.
Another Nine franchises indoor golf facilities. Category: Recreation.
Item 7
What it costs to open an Another Nine franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $333,950 to $824,350. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Real Estate and Improvements ($160,000 to $410,000), Simulator Equipment ($50,250 to $188,000), and Additional Funds - 3 Months ($34,000 to $38,000). Together they make up about 77% of the high-end estimate.
The initial franchise fee is $49,500, about 15% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 14 | $49,500 | $49,500 | 2025 FDD, Item 7, p. 14 |
| Travel and Living Expenses While Training2025 FDD, Item 7, p. 14 | $0 | $2,500 | 2025 FDD, Item 7, p. 14 |
| Real Estate and Improvements2025 FDD, Item 7, p. 14 | $160,000 | $410,000 | 2025 FDD, Item 7, p. 14 |
| Simulator Equipment2025 FDD, Item 7, p. 14 | $50,250 | $188,000 | 2025 FDD, Item 7, p. 14 |
| Equipment Install2025 FDD, Item 7, p. 14 | $0 | $30,000 | 2025 FDD, Item 7, p. 14 |
| Internet and Utilities2025 FDD, Item 7, p. 14 | $500 | $800 | 2025 FDD, Item 7, p. 14 |
| Onsite Technology2025 FDD, Item 7, p. 14 | $6,750 | $13,500 | 2025 FDD, Item 7, p. 14 |
| Camera & Monitoring System2025 FDD, Item 7, p. 14 | $400 | $1,000 | 2025 FDD, Item 7, p. 14 |
| Access Control2025 FDD, Item 7, p. 14 | $1,050 | $3,000 | 2025 FDD, Item 7, p. 14 |
| Interior Signs2025 FDD, Item 7, p. 14 | $1,900 | $6,800 | 2025 FDD, Item 7, p. 14 |
| Exterior Signs2025 FDD, Item 7, p. 14 | $4,000 | $10,250 | 2025 FDD, Item 7, p. 14 |
| Vending2025 FDD, Item 7, p. 14 | $0 | $5,700 | 2025 FDD, Item 7, p. 14 |
| Grand Opening Advertising2025 FDD, Item 7, p. 14 | $20,000 | $25,000 | 2025 FDD, Item 7, p. 14 |
| Insurance2025 FDD, Item 7, p. 14 | $2,400 | $4,800 | 2025 FDD, Item 7, p. 14 |
| Supplies and Furniture2025 FDD, Item 7, p. 14 | $3,200 | $5,500 | 2025 FDD, Item 7, p. 14 |
| Professional Services2025 FDD, Item 7, p. 15 | $0 | $15,000 | 2025 FDD, Item 7, p. 15 |
| Rent Deposit2025 FDD, Item 7, p. 15 | $0 | $15,000 | 2025 FDD, Item 7, p. 15 |
| Additional Funds - 3 Months2025 FDD, Item 7, p. 15 | $34,000 | $38,000 | 2025 FDD, Item 7, p. 15 |
| Total estimated initial investment2025 FDD, Item 7, p. 14-15 | $333,950 | $824,350 | 2025 FDD, Item 7, p. 14-15 |
Source Another Nine, 2025 FDD, Item 7, p. 14-15, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Item 19
What Another Nine franchisees actually report earning
Another Nine's 2025 FDD publishes no median in its Item 19. What it publishes instead is set out below, in the document's own terms. An average is not a median: it is pulled upward by the strongest outlets, and it does not tell you what the middle outlet made. We do not calculate a median the document does not state.
The data presented below reflects the actual performance of one (1) 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. As of June 30, 2025, there were no franchised locations in operation. This representation does not include data from any franchised locations, as no franchised outlets were operational during the measured period.
What the FDD does publish
| Measure | Average | Low | High | Outlets | Source |
|---|---|---|---|---|---|
| Annual Gross Revenue (TTM ending 6/30/2025)The FDD prints $261,168 for one company-owned location. | – | $261,168 | $261,168 | 1 | 2025 FDD, Item 19, p. 37 |
| Number of Golf Simulator SuitesThe FDD prints 3. | – | $3 | $3 | 1 | 2025 FDD, Item 19, p. 37 |
| Gross Revenue per Suite (TTM ending 5/31/2025)The FDD prints $87,056 for one company-owned location. | – | $87,056 | $87,056 | 1 | 2025 FDD, Item 19, p. 37 |
| Net Operating IncomeThe FDD prints $143,574 for one company-owned location. | – | $143,574 | $143,574 | 1 | 2025 FDD, Item 19, p. 37 |
| Total Operating Expenses (TTM ending 6/30/2025)The FDD prints $117,593 for one company-owned location. | – | $117,593 | $117,593 | 1 | 2025 FDD, Item 19, p. 37 |
| Commercial leaseThe FDD prints 47%. | – | $47 | $47 | 1 | 2025 FDD, Item 19, p. 37 |
| Marketing expensesThe FDD prints 18%. | – | $18 | $18 | 1 | 2025 FDD, Item 19, p. 37 |
| Software and web servicesThe FDD prints 8%. | – | $8 | $8 | 1 | 2025 FDD, Item 19, p. 37 |
| UtilitiesThe FDD prints 7%. | – | $7 | $7 | 1 | 2025 FDD, Item 19, p. 37 |
| Office supplies and equipmentThe FDD prints 6%. | – | $6 | $6 | 1 | 2025 FDD, Item 19, p. 37 |
| Cleaning, maintenance, and repairsThe FDD prints 4%. | – | $4 | $4 | 1 | 2025 FDD, Item 19, p. 37 |
| InsuranceThe FDD prints 4%. | – | $4 | $4 | 1 | 2025 FDD, Item 19, p. 37 |
| Professional servicesThe FDD prints 3%. | – | $3 | $3 | 1 | 2025 FDD, Item 19, p. 37 |
| Miscellaneous expensesThe FDD prints 2%. | – | $2 | $2 | 1 | 2025 FDD, Item 19, p. 37 |
A dash means the FDD does not print that figure. Another Nine's Item 19 covers the twelve-month period ending June 30, 2025. Basis: One company-owned indoor golf facility, representing 100% of all company-owned locations operating under the franchise system.
What the franchisor excluded from these figures
- The representation excludes all franchised locations because no franchised outlets were operational during the measured period.
This is a disclosure of what some existing outlets reported, not a projection of what a new Another Nine outlet would earn. Your results will differ.
Source Another Nine, 2025 FDD, Item 19, p. 37, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Item 20
How many Another Nine outlets there are, and how many closed
Another Nine had no franchised outlets open from 2022 through 2024, according to its FDD. At the end of 2024 it had 1 company-owned outlet.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2025 FDD, Item 20, p. 39 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2025 FDD, Item 20, p. 39 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2025 FDD, Item 20, p. 39 |
Source Another Nine, 2025 FDD, Item 20, p. 38-39, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Compare
How Another Nine compares with other Recreation franchises
Measured against the 21 Recreation franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Another Nine's estimated range is $579,150. It costs more to open than 55% of Recreation franchises here.
- Earnings disclosure. 13 of the 21 Recreation franchises here publish earnings figures in Item 19. Another Nine is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Recreation franchise side by side.
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