Homes & Land (Magazine)
Franchising since 1973 · 15 locations
The total investment to open a Homes & Land (Magazine) franchise ranges from $44,040 - $672,400. The initial franchise fee is $36,900. Ongoing royalties are 10.5%. Homes & Land (Magazine) currently operates 15 locations (15 franchised). The top SBA 7(a) lenders for Homes & Land (Magazine) are Wells Fargo Bank, Popular Bank and Seacoast National Bank. PeerSense FPI health score: 27/100.
$44,040 - $672,400
$36,900
15
15 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Homes & Land (Magazine) financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Growing (10-24 loans)
SBA Lending Performance
SBA Default Rate
15.8%
3 of 19 loans charged off
SBA Loans
19
Total Volume
$5.1M
Active Lenders
13
States
8
Top SBA Lenders for Homes & Land (Magazine)
What is the Homes & Land (Magazine) franchise?
The Magazine franchise, a brand with a foundational history spanning over 25 years in the dynamic golf retail industry, presents a compelling franchise opportunity for entrepreneurs keen on the sporting goods sector. This esteemed organization has navigated various structural changes, strategic mergers, and corporate restructuring throughout its existence, significantly impacting its operational footprint and overall corporate architecture. The brand’s journey began with its first store opening in Las Vegas in 1974, a venture reportedly founded by "Bob," with the distinctive name "Nevada Bob's" credited to his wife's inspiration. Over the decades, the entity that would evolve into the modern Magazine franchise has meticulously positioned itself as one of the world's most recognized and largest golf specialty retailers. A pivotal moment occurred in November 1999 when Nevada Bob's Golf Inc. completed a complex merger involving Nevada Bob's Canada Inc., Nevada Bob's Pro Shop Inc., and GDH International Inc., centralizing leadership under Lyle P. Edwards, then chief executive of Nevada Bob's Canada. At this juncture, the Calgary office served as the administrative headquarters for Canadian operations, with the original Las Vegas store anchoring American endeavors, while corporate financial oversight remained with the Calgary headquarters. This extensive history underlines the resilience and adaptability inherent in the Magazine franchise model, demonstrating a profound understanding of market shifts and operational evolution within a competitive retail landscape. The brand's deep roots and experience provide a robust framework for potential franchisees seeking to align with a legacy player.
The golf-retail industry, a significant segment of the broader sporting goods market, has experienced notable fluctuations and trends over the decades, which directly influenced the operational strategies of the Magazine franchise. In the 1998-99 period, the U.S. golf-retail sector alone commanded a valuation of $3 billion. However, a year prior to November 2000, the market witnessed a decline in specific categories, with U.S. club sales decreasing by 6.6% to $2.5 billion, and sales of "soft goods" such as bags, shoes, and accessories falling by 3.7% to $979 million. Despite these downturns, a resurgence in golf equipment sales was observed in November 2000, primarily fueled by the introduction of innovative new drivers and advanced club technologies from leading manufacturers. At that time, the overall market for golf equipment was characterized as "still pretty strong," indicating underlying resilience and consumer demand. Historically, in 1994, golf participation rates were relatively low, with less than a tenth of the population engaged in the sport in major golfing nations like the U.S., Japan, and Northern Europe. The golf business has undergone considerable transformation, requiring businesses like the Magazine franchise to continually adapt their product offerings, sales strategies, and customer engagement models. The broader sporting goods stores market, encompassing golf retailers, is subject to ongoing in-depth research and forecasting, underscoring the dynamic nature of this retail segment and the importance of a franchise system equipped to navigate evolving consumer preferences and technological advancements.
Investing in a Magazine franchise presents a multi-faceted financial commitment, with various figures reflecting different timeframes and specific opportunity structures. The current franchise fee for a Magazine franchise is reported at $36,900, a figure that is supported by recent data. The total investment required to launch a Magazine franchise is presented with a comprehensive range, spanning from $44,040 to $672,400. This broad spectrum likely accounts for variables such as real estate costs, store size, inventory levels, and local market conditions. Other sources, potentially reflecting different formats or historical contexts, indicate total investment ranges from $342,000 to $782,000 or $300,000 to $722,000. An additional reference from March 2026 provides a range of $89,000 to $533,000, further illustrating the adaptable nature of the investment depending on the specific franchise model or location. For those considering international expansion, the entry cost for a European operation in 1994, after adjustments, was between £170,000 and £190,000, which equated to approximately $255,000 to $285,000 at a historical exchange rate. Prospective franchisees are also advised to possess a certain level of liquid capital, with recent information from 2026 suggesting a requirement of at least $75,000 or $100,000. A notable incentive for service members is a 50% discount on the franchise fee for Veterans & First Responders, highlighting the brand's commitment to supporting these communities. While specific royalty rates or advertising fund contributions for the Magazine franchise were not detailed, the investment structure underscores the comprehensive nature of establishing a golf retail business under this established brand.
The Magazine franchise is distinguished by its comprehensive operating model and robust support structure, meticulously designed to ensure franchisee success. This includes extensive training and continuous guidance across all critical aspects of store operations, strategic purchasing, and effective marketing. The support team at the Magazine franchise provides vital pre-opening training, ensuring new franchisees are fully prepared before their doors open. This initial preparation is complemented by on-site support during the crucial store opening phase, offering practical, real-time assistance. Beyond the initial launch, franchisees benefit from ongoing programs and initiatives, which are regularly updated to reflect industry best practices and market trends. An annual franchise meeting serves as a key platform for knowledge sharing, networking, and strategic alignment across the entire Magazine franchise network. The company places a strong emphasis on fostering constant and effective communication between the support office team and the franchisee's store staff, recognizing that seamless interaction is paramount to maximizing operational efficiency and overall success. The dedicated purchasing team, comprising seasoned and experienced professionals within the golf industry, collaborates closely with franchisees. This collaboration provides invaluable product selection assistance, in-depth product knowledge education, and expert guidance on optimizing product mix to meet local market demands. Franchisees also gain exclusive access to private label programs, advantageous opportunity buys, and unique Nevada Bob's exclusive purchase programs, enhancing their competitive edge and profitability within the Magazine franchise system. The overarching design and operating system of the Magazine franchise are engineered to be industry-leading, incorporating the latest and most advanced programs in custom fitting technology, innovative customer service protocols, sophisticated customer loyalty programs, a curated selection of both brand name products and private label brands, cutting-edge marketing strategies, and robust internet strategies, all contributing to a superior customer and franchisee experience.
When evaluating the financial performance of the Magazine franchise, it is important to note that franchisors are not mandated to provide specific financial performance representations (FPRs) under Item 19 of the Franchise Disclosure Document (FDD). Consequently, no specific Item 19 disclosures detailing average revenue per unit, median revenue, or precise profit margins for the Magazine franchise were located. However, historical system-wide and individual store revenue figures from the brand's extensive past offer valuable insights into its potential and market impact. For instance, in 1994, a European Nevada Bob's store, operating under the lineage that informs the current Magazine franchise, demonstrated impressive growth, seeing its daily turnover escalate from £1,800 to £5,500. This surge suggested a potential annual turnover reaching £1 million for a single unit, illustrating robust sales capabilities in a growing market. Further system-wide financial projections from 1999 indicated that the entire Nevada Bob's Golf Inc. system, which laid the groundwork for the modern Magazine franchise, expected its revenue to surpass $250 million during its first year of consolidated operations. Retail operations formed the backbone of this impressive figure, accounting for 77% of the total revenue, underscoring the strength of the direct-to-consumer model. By November 2000, despite facing financial difficulties and undergoing bankruptcy reorganization, the entire Nevada Bob's system still generated substantial annual sales ranging from $50 million to $60 million. These historical figures, while not current financial performance representations for the contemporary Magazine franchise, highlight the brand's capacity for significant revenue generation and its established presence within the golf retail sector over several decades.
The growth trajectory and competitive advantages of the Magazine franchise are deeply rooted in its extensive operational history and strategic adaptations. The number of locations associated with the brand has experienced significant fluctuations, reflecting various market conditions and corporate strategies. In May 1994, the organization operated an impressive 350 golf stores across the United States and the Far East. By November 1999, the network, then known as Nevada Bob's Golf Inc., comprised 281 stores, primarily concentrated in the United States and Canada. A year later, in November 2000, the system consisted of 83 company-owned stores and 152 franchised stores, with approximately 30 locations situated in California. More recent data for the Magazine franchise shows a divergence: one source from March 6, 2026, indicates the brand operates 16 locations, while another from the same year suggests 77 units in operation. The specific data for the current Magazine franchise lists 19 total units, headquartered in Destin, FL, operating within the "All Other Publishers" category, suggesting a unique or evolved business model that may differ from a purely physical retail footprint. Despite these fluctuations, company officials in 1999 expressed ambitious plans to "dramatically increase the total number of system-wide stores" by strategically focusing on franchise development, alongside expanding its online presence. A significant development in October 2005 saw Nevada Bob's Franchising Inc. enter an asset purchase agreement with Golfers' Warehouse, involving the sale of U.S. business assets including trademarks and the nevadabobs.com domain, a transaction valued at US$1,550,000. This merger was repeatedly cited as significantly enhancing the network's presence and power. The competitive advantages of the Magazine franchise stem from its long-standing brand recognition, comprehensive franchisee support in purchasing and operations, and its commitment to industry-leading design and custom fitting technology. The ability to offer private label programs and exclusive purchase opportunities further strengthens the Magazine franchise's market position, providing a distinct edge in a competitive retail environment.
The ideal franchisee for a Magazine franchise is typically an individual deeply passionate about the game of golf, possessing a strong business acumen and a commitment to exceptional customer service. While specific demographic requirements are not detailed, the comprehensive training and support structure provided by the Magazine franchise suggests that a franchisee should be eager to learn, willing to adhere to established operational systems, and enthusiastic about leveraging the brand's extensive industry knowledge. Experience in retail management or a background in sporting goods can be beneficial, but the emphasis on thorough training indicates that motivated individuals without direct prior experience in golf retail could also succeed. The franchisee must be prepared to engage actively with the local community, fostering relationships that drive customer loyalty and repeat business, a quality frequently highlighted in positive customer feedback. Territorially, the Magazine franchise has a rich history of international presence. In 1994, the organization operated across the United States and the Far East, with concerted efforts to establish a foothold in Europe, resulting in eight stores by May 1994 and projections for 15 by July of that year. Nevada Bob's Golf Grande Prairie, a locally-owned and operated franchise in Canada, has served its community since December 2000, underscoring the brand's enduring presence in diverse markets. This expansive historical reach suggests that the Magazine franchise could support franchisees in various geographical locations, provided there is a viable market for golf retail and a strong local presence.
The Magazine franchise represents a unique investment opportunity for entrepreneurs seeking to align with a brand that boasts a storied history and a resilient operational model within the golf retail sector. With its headquarters now established in Destin, FL, and a current count of 19 total units, the Magazine franchise offers a pathway to leverage decades of industry experience and established brand recognition. The comprehensive support system, including pre-opening training, ongoing operational guidance, and expert purchasing assistance, is designed to empower franchisees for sustained success. While specific Item 19 financial performance representations are not publicly available, the brand's historical revenue figures, including system-wide sales reaching $250 million in 1999 and individual store turnovers of up to £1 million annually in 1994, illustrate the significant commercial potential inherent in its model. The varying investment ranges, from $44,040 to $672,400 with a franchise fee of $36,900, cater to a spectrum of investors, further enhanced by a 50% discount for Veterans & First Responders. The brand’s adaptable design and operating system, incorporating advanced custom fitting technology and robust customer loyalty programs, position the Magazine franchise to thrive in an evolving market. This is an opportunity to join a legacy brand that combines deep industry roots with a forward-looking approach to retail and customer engagement. Explore the complete Magazine franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
27/100
SBA Default Rate
15.8%
Active Lenders
13
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Homes & Land (Magazine) based on SBA lending data
SBA Default Rate
15.8%
3 of 19 loans charged off
SBA Loan Volume
19 loans
Across 13 lenders
Lender Diversity
13 lenders
Avg 1.5 loans per lender
Investment Tier
Significant investment
$44,040 – $672,400 total
Homes & Land (Magazine) — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2006
4 approvals — best year on record for Homes & Land (Magazine).
Top SBA State
Florida
8 SBA-financed Homes & Land (Magazine) locations — the densest operator footprint.
Average Loan Size
$267K
Median $177K — use as a sizing anchor when modeling your own $Homes & Land (Magazine) unit.
Lender Concentration
36.8%
Moderately Spread
Share of Homes & Land (Magazine) approvals captured by the top 3 SBA lenders.
Homes & Land (Magazine)'s SBA lending pipeline peaked in 2006 (4 approvals). Operator density is highest in Florida with 8 SBA-financed locations. Average funded ticket sits at $267K, with the median at $177K. Lender mix is moderately spread: the top three SBA lenders account for 36.8% of approvals — meaningful choice exists but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$456
Principal & Interest only
Locations
Homes & Land (Magazine) — unit breakdown
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