By Forrest Blake
Click Here for Investor Relations Page
The owner of 12 GolfTEC Centers here in Sothern California, Sky Golf LLC, has great news on their continuing success of its business. The fiscal year end was August 31st and we are happy to report an increase in EBIDAT of 62%. During one of the most difficult times for discretionary retail in the US we have now posted two years of in a row of profitability. The expectations this year is to increase another $200,000 and begin to drive towards our goal of a million in EBIDAT. Gross Same Store Sales revenue increased over 20% in 2011 which is in addition to 27% increase posted in 2010. These numbers don’t include the successful launch of Fairway Vacations and the continuation of the growth of our golf social network MyGolfPeople.com.
By Forrest Blake
Click Here for Investor Relations Page
MyGolfPeople.com has been recently converted from a paid site is a free Social networking site for CONNECTING golfers with each other. The website also focuses on enhancing aspects of an individual’s golf experience, both on and off the course. The site is a blend of what Facebook has to offer and search features of Match.com, all focused on the golfing population. In addition, we have found that the site and its features has been a great tool to retain and get new clients for the core business of GolfTEC.
Leverage the Internet to create a social environment, where golfers can find playing partners, participate or host events, share ideas, forms and create or join a group. This environment also provides golfers with other services, such as rebate central, 2 for 1 golf, events, group management, chat features, video uploads, blogs, travel and more.
We found the paid model was limiting the possible organic nature of the site. With marketing dollars and a sign up package of over $300, we are expecting strong membership growth over the next few years.
The recent IPO of Linkedin at $400 per users, sets the new standard of valuation for Social Media companies. A small investment in marketing and hiring and an advertising sales executive will greatly increase the adoption of the site and value of the company.
Contact Forrest Blake at 310-850-2381 or fblake@golftec.com
open source video, online video platform, video streaming, video solutions
By Forrest Blake
Click Here for Investor Relations Page
Many of the GolfTEC clients want to travel to premium destinations to play the best courses in the world. Fairway Vacations specializes in creating custom golf packages and escorted tours to the premier golf destinations in the world. Our goal is to provide “Once in a Lifetime” experiences to our clients and their friends.
The golf travel is a 16 Billion dollar industry. The UK was $400M in 2010. There will be direct effort to build up our Scotland tours for a variety of reasons.
Contact Forrest Blake at 310-850-2381 or fblake@golftec.com
open source video, online video platform, video streaming, video solutions
Click Here for Investor Relations Page
GolfTEC has 140 locations in the US and Mexico. The Canadian market is under development in 2012.
Sky Golf, LLC currently owns 12 GolfTEC improvement centers in Southern California and controls franchise territories that include the Ventura, San Fernando Valley, Riverside County, San Bernardino County, Temecula, Orange County and Los Angeles.
Eight of the twelve stores Sky Golf controls were acquired in a roll up in 2008 and 2009. The poorly performing roll-up stores were successfully integrated and turned around to create the largest GolfTEC franchise operation in the country.
OVERVIEW:
• World leader in golf instruction
• Founded in 1995 by PGA Professionals, Joe Assell and Mike Clinton
• Provides fact-based golf instruction by combining patented technology with the expertise of Certified Personal Coaches
• Began franchising in 2004
• Over 140 Improvement Centers nationwide
• 250,000 Clients
• 20% Lesson Market share
• Over 2,500,000 lessons taught
THE TECHNOLOGY:
• GolfTEC uses a combination of state-of-the-art technology and Certified Personal Coaches to help golf enthusiasts create a fundamental swing
• Patented g-SWING technology combines digital video, impact analysis, biofeedback technology and motion-evaluation technology to provide fact-based instruction
• During a lesson, GolfTEC students wear a small harness with multiple sensors that measure the golfer’s key movements through the golf swing
• Proprietary database of over 150 PGA & LPGA Tour Professionals provides ideal measurements to look for at crucial moments in the swing
• WebLesson® technology allows clients to see a video and audio recap of their lessons from anywhere they can access the internet
THE COACHES:
• GolfTEC employs over 400 Certified Personal Coaches across the country
• At the end of 2009, GolfTEC will employ 3% of all PGA Professionals
• All Certified Personal Coaches are required to attend and pass a comprehensive PGA training program known as GolfTEC University (GTU)
• GolfTEC Coaches have won numerous awards for their teaching excellence including PGA
• Section Teacher of the Year, Golf Digest Top Teachers in the State, PGA Teacher of the Year, Best
• Golf Lesson and more
PRODUCTS AND SERVICES
• Personalized instruction in private learning bays
• Video swing analysis
• Online lesson review and follow-up instruction (WebLesson®) available 24 hours a day
• Custom club fitting
• Golf equipment and merchandise
• Customized improvement plans and lesson programs
• Corporate Entertainment events
For more information please contact Forrest Blake at 310-850-2381 or fblake@golftec.com
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