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LaserPrecision Marksmanship Club franchise

2024 filing · May 31, 2024

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LaserPrecision Marksmanship Club at a glance

A simulated firearms shooting range offering instruction, leagues, shooting drills, parties and team-building events. At the end of 2023 there were 1 LaserPrecision Marksmanship Club locations in the US, all company-owned.

The business

Industry
Sports
Also listed in entertainment
Franchisor
Top Shot Franchising, Inc
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day
Franchising since
2023
Typical size
1,800–2,500 sq ft

What you pay

Cost to open
$170K–$284K
Fee, build-out and opening working capital
Franchise fee
$47,000
Paid once, when you sign
Royalty
6%
6% of gross revenues, paid monthly, plus currently 1% to the advertising fund (up to 2%)
Brand fund
1%
1% of gross revenue, paid monthly; it can rise to 2%
Renewal fee
See terms
25% of the then current Initial Franchise Fee
Agreement length
10 years
Franchisor financing
None offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
1
Franchised and company-owned
Franchised
0
Company-owned
1
Change in 3 years
0
Franchised locations, 2021–2023

Support and records

Shares sales figures
No
Ask current owners what a location makes
Lawsuits disclosed
None
Bankruptcy disclosed
None
Latest filing
May 31, 2024
2024 filing

From Top Shot Franchising, Inc’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Where it ranks

LaserPrecision Marksmanship Club among all franchises with the same figure.

FigureLaserPrecision Marksmanship ClubAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$226,880Costs less than 66% of franchises
Franchise feePaid once, when you sign$47,000Higher than 61% of franchises
RoyaltyShare of sales paid to the franchisor6%Higher than 35% of brands with a set rate
US locationsFranchised and company-owned1Fewer than 88% of franchises

How much a LaserPrecision Marksmanship Club franchise costs

Opening one LaserPrecision Marksmanship Club costs an estimated $169,660 to $284,100. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are simulators and related equipment ($70,000 to $90,000) and initial franchise fee ($47,000). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial Franchise Fee$47,000
Security Deposits$2,315$8,000
Lease Expenses (3 months)$6,945$12,000
Leasehold Improvements$1,000$25,000
Architecture and Design$0$5,000
Signage and Displays$1,000$6,000
Furniture and Fixtures$5,000$10,000
Simulators and Related Equipment$70,000$90,000
Supplies and Inventory$2,500$5,000
Computer System$1,500$3,500
POS and Scheduling Software Fee$1,800
Training Expenses, including salaries and travel$2,500$3,500
Initial Training Fee$2,500$3,500
Security System (set up plus 3-months)$0$1,500
Telephone System$50$300
Business Licenses and Permits$300$3,000
Professional Fees$1,000$5,000
Insurance Deposits and Premiums$2,250$5,000
Grand Opening and Initial Marketing (3 months)$12,000$24,000
Additional Funds (3 months)$10,000$25,000
Total$169,660$284,100

Source: Top Shot Franchising, Inc, 2024 filing, page 14

LaserPrecision Marksmanship Club franchise fee

The franchise fee is $47,000. You pay it when you sign the franchise agreement.

Source: Top Shot Franchising, Inc, 2024 filing, page 10

Royalty and ongoing fees

Royalty6% of gross revenues, paid monthly, plus currently 1% to the advertising fund (up to 2%).
Brand or marketing fund1% of gross revenue, paid monthly; it can rise to 2%.
Transfer Fee30% of the then-existing Initial Franchise Fee
Renewal Fee25% of the then current Initial Franchise Fee
Additional Training FeesThen-current daily fee; currently $250 per day per person

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Top Shot Franchising, Inc, 2024 filing, page 11

Other fees as filed, from page 12. The filing lists every fee, including late fees and audit costs.

Sales and earnings

No figures LaserPrecision Marksmanship Club does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.

Source: Top Shot Franchising, Inc, 2024 filing, page 40

How LaserPrecision Marksmanship Club compares

Of the 120 sports franchises on this site, LaserPrecision Marksmanship Club is the 51st cheapest to open and the 96th largest by number of locations.

FigureLaserPrecision Marksmanship ClubTypical sports brandTypical franchise
Cost to open, low end$170K$227K$222K
Cost to open, high end$284K$442K$477K
Franchise fee$47K$50K$40K
Royalty6%7%6%
Brand fund1%1%2%
US locations11521
Shares earnings figuresNo77 of 1202,147 of 3,352

Typical is the median across the 120 brands in sports franchises; typical franchise, across every brand here.

Locations opened and closed

0 opened
0 closed or left
Franchised locations, last 3 years
2021
0 opened0 closed or left
0 (0)
2022
0 opened0 closed or left
0 (0)
2023
0 opened0 closed or left
0 (0)
YearFranchisedCompany-ownedOpenedClosed
20210 (0)100
20220 (0)100
20230 (0)100

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: franchise failure rates.

Source: Top Shot Franchising, Inc, 2024 filing, page 40

Source filing (2024, PDF)

Who owns LaserPrecision Marksmanship Club?

LaserPrecision Marksmanship Club franchises are sold by Top Shot Franchising, Inc. Its filing names no parent company.

From Top Shot Franchising, Inc’s 2024 filing, page 8.

LaserPrecision Marksmanship Club filings

The figures on this page come from Top Shot Franchising, Inc’s 2024 filing, issued May 31, 2024, on record with the NASAA Electronic Filing Depository.

LaserPrecision Marksmanship Club filings, newest first
FilingIssuedRegistryOn this page
2024 filingMay 31, 2024NASAA depositoryCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

Other sports franchises

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LaserPrecision Marksmanship Club is also on these lists: entertainment franchises.

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