TruGolf Links Signs Franchise Development Deal with Tennessee Native & Entrepreneur
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TruGolf Holdings, Inc. (Nasdaq: TRUG) has signed a franchise development deal with a Tennessee entrepreneur to develop 40 new golf simulator centers. This expansion is part of TruGolf's strategy to grow its presence in the golf simulator market.
March 06, 2025 | 4:00 pm
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TruGolf Holdings, Inc. has signed a franchise development deal to open 40 new golf simulator centers in Tennessee, indicating potential growth and increased market presence.
The franchise development deal for 40 new centers suggests significant expansion for TruGolf, likely leading to increased revenue and market share. This positive development is expected to have a favorable impact on TRUG's stock price in the short term.
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