Industry leading Indoor Golf Business Plan, Study and Start up Model
  • Home
  • Open a Center
    • Indoor Golf Revenue Calculator
  • Affiliate Program
  • About
    • Contact Us
    • Privacy Policy
  • Blog

Indoor golf center costs

2/18/2013

1 Comment

 
Running an indoor golf business involves creating a facility where golfers play rounds on a golf simulator that projects an image of a course and uses sophisticated sensors to depict the real shot in a virtual environment. There are many of these businesses existence, and most are in colder climates.

If you are considering opening an indoor golf center, success turns on 4 basic items:

  • How well you manage start up costs
  • How fully you keep simulators rented
  • Prospects for add on revenues from food and beverage, merchandise or lessons
  • How well you control operational costs

Depending on the size of your facility and the amenities, start up costs can be significant. Many indoor golf centers start small and grow as they see their revenues grow. Others take a decidedly more ambitious approach and build a premium facility from the start. Choose a path that makes sense for you, your budget and matches your clientele.

One of the major expenses will include the cost of the golf simulators. For a commercial operation, these can run as little as $15,000 or as much as $60,000. Price will depend on a host of factors, software features, number of courses and size of the system. Some facilities mix the simulators, purchasing several basic ones and one or two high end systems. This enables them to offer premium services without the extra start up expense.

Another start up expense will be your facility costs. In most cases, facilities will be leases, but a few do chose to buy / build a facility. In the event you are doing a commercial lease, there will likely be build out expenses to suit your specific design. It may make sense to get help from a commercial real estate pro to help you negotiate these as part of your lease.

The types of complimentary services you chose offer will drive other start up expenses. If you are going to do food and beverage, you will have a few other costs. Licensing for food and beverage will be one such expense. Building out a kitchen will be another. Even a low end kitchen with used equipment will run over $20,000. Don't forget about marketing, recruiting, website, network and signage expenses.

Take a look at all your expenses and figure out which ones are the keys to your success. Be sure to get the right equipment on the items that are critical to your success and perhaps defer those that are not as critical until after you have a strong revenue stream.
1 Comment
best golf bags link
11/15/2016 08:39:57 am

There are several different golf bag types and a number of things that you should be considering when purchasing a new golf bag, which will ensure that it will fit your golfing style. Every year new technology is being brought in and we see it taken and adapted to higher levels within the game of golf.

Reply



Leave a Reply.

    Let me know you're a real person, leave a comment
    Picture
    View my profile on LinkedIn

    Archives

    September 2018
    July 2018
    March 2018
    November 2017
    August 2017
    December 2016
    September 2016
    March 2016
    February 2016
    June 2015
    December 2014
    November 2014
    October 2014
    August 2014
    July 2014
    June 2014
    April 2014
    March 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013

    Categories

    All
    Big Ideas
    Customer Visits
    Golf Sim
    Indoor Golf
    Indoor Golf Business
    Indoor Golf Center Cost
    Indoor Golf Study
    Location Selection
    Marketing
    Surveys

    Subscribe

    RSS Feed

Powered by Create your own unique website with customizable templates.
  • Home
  • Open a Center
    • Indoor Golf Revenue Calculator
  • Affiliate Program
  • About
    • Contact Us
    • Privacy Policy
  • Blog