Contents
How much does a golf simulator business make?
For example with 6 simulators, a business open ~10 hours a day has a total of 420 simulator hours per week capacity. Fully rented at $40/hour for the entire year would equate to annualized indoor golf revenue of over $870,000.
Can you make money with a golf simulator?
The short answer is yes. There is a ton of profit to be made from these simulators if you do it right. Although there will be large upfront costs to enter the business, you can make hundreds of thousands of dollars in revenue depending on how much you charge per hour of use and a few other factors.
How much would it cost to open a golf simulator?
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.
Who owns Xgolf?
There are 11 X-Golf locations in the U.S., with the company saying it will double that number this year. The owners of the Brookfield franchise, Shawn DeMain and Luke Larson, are looking at additional sites in the northern Milwaukee suburbs and in the Fox Valley, DeMain said.
How much profit do driving ranges make?
How much profit can a driving range make? An indoor facility with full-service restaurant and rental space in a high-traffic urban environment can see a net profit of up to $2.9 million a year. However, if you have a low-tech field in the country, you could see an income as low as $40,000 a year.
How much is a TrackMan golf simulator?
With custom pricing starting at $49,995, the TrackMan Simulator is one of the more celebrated golf simulators on the market, boasting a long list of endorsements and a robust library of virtual courses based on real golf clubs around the world.
How high should a ceiling be for a golf simulator?
The height you actually need depends on your height, the highest point of your swing, and your wariness of hitting the ceiling. The absolute lowest ceiling allowable for a golf simulator is 8.5 – 9ft, though most will need higher. A 10ft ceiling height allows a much more comfortable experience.
How much is a top golf franchise?
The cost to open a Topgolf franchise is around $18 million. However, the typical cost to build an average franchise, such as the Austin Tx facility, is about $15 million. In contrast, in Las Vegas, at the other end of the scale, the Topgolf franchise cost upward of $50 million.
How accurate is Xgolf?
X-Golf’s state-of-the-art technology measures ball and swing data to an unrivalled 98% accuracy. Following the laws of physics, these measurements allow us to perfectly replicate the golf ball flight (fade, draw, hook, slice).
How many Xgolf locations are there?
Los Angeles based X-Golf America, a virtual golf and bar-restaurant concept, currently has 29 locations up and running across the country.
Is a driving range a good investment?
How much is Topgolf franchise?