Tournament Promotions was founded by Mike Stalls in 1988. It is a business that offers golf tournament contests, gifts, auctions, and promotional items with a special push toward helping charities maximize their benefits and businesses create more brand awareness.
We offer a wide variety of unique auction items allowing a franchisee to have a year-round business. Part of our program is the ability to provide multiples of the same item. If two people are in a bidding war we can make two happy winners and double the money the charity brings in on that particular item.
We offer a unique Player Gift Program that provides personalized gifts to each player. We provide enough inventory to ensure every player gets the perfect fitted gift, and take back whatever is not needed. All free of charge, saving charities and sponsors money.
This is a proven business model, that offers entrepreneurs an opportunity to grow a business in an industry that they are passionate about.
When you join the Tournament Promotions team as a franchise owner, you will receive outstanding support in a number of different exciting areas including:
- OPERATIONAL SUPPORT
- MARKETING SUPPORT
- PURCHASING SUPPORT
- ACCOUNTING & LEGAL SUPPORT
- ONGOING RESEARCH AND DEVELOPMENT
As a member of the Tournament Promotions franchise team, you will receive the following training:
Initial Training- Held in Raleigh, North Carolina for five days, approximately two weeks before the franchise opens.
Onsite Training- Held at the franchisee’s location for 3 days to assist in the commencement of operations.
Refresher Training – Held at headquarters in North Carolina, franchisee must attend two days of refresher training once a year.
Ongoing Training- Tournament Promotions will provide continued support with sales, operations, territory management and compliance.
A non-exclusive territory will be granted containing an APR (Area of Primary Responsibility). Each APR will be defined by the Franchisor depending on a number of factors including the density of population, number of potential tournaments or events, the general geographical market, the existence of competitors, and a number of other factors. The franchise operator must restrict their direct marketing and solicitation to the predetermined APR (which will typically contain a 300,000 to 500,000 population).
There are many disadvantages when providing an exclusive territory to a franchisee, (i.e. territories granted later turn out to be too large, markets become sold out leading to ceiling of value, etc.)
Another disadvantage to offering an exclusive territory is the possibility that the decision can limit the Franchisor’s ability to saturate a given market if the demographics of that area change. Since granting an exclusive territory contractually prohibits Tournament Promotions from selling additional franchises in a market area that may otherwise support them, it is essential to grant the smallest territories possible that is consistent with the scalability and viability of the franchise.
The fee for one franchise is $50,000. Minimal start-up costs can be as low as about $65,900, depending on a number of factors. Please see chart below for details.
Types of qualifications recommended for potential franchise owners include:
- Strong sales and customer service abilities. Good with time management.
- High personal standards.
- Able to meet initial investment requirements.
Targeted experiences may include:
- Existing sales professionals.
- Experience in networking and business management.
- Golf lovers that want to spend time at the course!
Interested? Contact Us Today!