How much does it cost to start an indoor golf bar?
Our research found that it depends on the number of golf simulators you are going to use. However, most indoor golf centers cost between $100,000 and $750,000 to open.
How much revenue do indoor golf centers make?
Depending on the number of simulators, an indoor golf center can bring in between $120,000 and $800,000. Read More
What does it cost to play on a golf simulator?
Generally speaking, most indoor golf centers charge between $30 and $50 per hour to play. Often, you will pay lower rates during the weekday hours and higher rates during evening and weekend hours.
How much does a golf simulator cost?
A high end commercial golf simulator can run as much as $75,000 when you include the simulator, retail software, enclosure, mats, screen and golf equipment. Lower end models can come in quite a bit less. There are other models for home use that can run between $3,000 and $25,000.
Is owning a golf bar profitable?
Owning a golf bar can be profitable. It can also be a challenging business. Having a good plan and sound business strategy are keys to success. In our research, we've found indoor golf centers can net over $100,000 per year if run well.
When was the study completed?
The original study was done in 2013 after extensive conversations with many simulator companies led me to believe their models were not 100% correct. I surveyed actual owners to get a sense of the seasonality of their business. I added data such as golfers in a 5 mile radius and number of good days of weather per year to understand what drives revenue. I've done smaller validation studies about every two years with the last one done in December 2019. I've essentially found that the main driver of success is the percent of time you can keep the simulators rented and how that varies by season. My recent validations have all shown about the same pattern as the original study.
Our research found that it depends on the number of golf simulators you are going to use. However, most indoor golf centers cost between $100,000 and $750,000 to open.
How much revenue do indoor golf centers make?
Depending on the number of simulators, an indoor golf center can bring in between $120,000 and $800,000. Read More
What does it cost to play on a golf simulator?
Generally speaking, most indoor golf centers charge between $30 and $50 per hour to play. Often, you will pay lower rates during the weekday hours and higher rates during evening and weekend hours.
How much does a golf simulator cost?
A high end commercial golf simulator can run as much as $75,000 when you include the simulator, retail software, enclosure, mats, screen and golf equipment. Lower end models can come in quite a bit less. There are other models for home use that can run between $3,000 and $25,000.
Is owning a golf bar profitable?
Owning a golf bar can be profitable. It can also be a challenging business. Having a good plan and sound business strategy are keys to success. In our research, we've found indoor golf centers can net over $100,000 per year if run well.
When was the study completed?
The original study was done in 2013 after extensive conversations with many simulator companies led me to believe their models were not 100% correct. I surveyed actual owners to get a sense of the seasonality of their business. I added data such as golfers in a 5 mile radius and number of good days of weather per year to understand what drives revenue. I've done smaller validation studies about every two years with the last one done in December 2019. I've essentially found that the main driver of success is the percent of time you can keep the simulators rented and how that varies by season. My recent validations have all shown about the same pattern as the original study.