estimate how much a mini golf course can make

Depending where one is located, the average game price falls between $6 and $9 with owners expected to get a return on their investment between 12 to 24 months. Most mini golf courses generate 70 percent of their revenue during the weekend which starts from Friday.

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How much does a miniature golf course cost?

Jun 05, 2018 · Our useful mini golf revenue calculator can help you understand how changing variables can impact your revenue when running a mini golf course. Skip to content (609) 522.4200 info@HarrisMiniGolf.com

How to start a miniature golf course?

Potential Revenue for a Miniature Golf Course Please find below estimates for potential revenue on an 18-hole miniature golf course . The example below is based on charging $6 per game. % of Full Day Prime 3 Prime 50% of 5 Off Total Capacity Month Months Prime Month Months 8 Months 15% $778 $19,450 $58,350 $9,725 $48,625 $106,975

How much does mini golf cost?

May 29, 2018 · Find out how lucrative a mini golf course business is with our mini golf revenue calculator. More than 130 million people play miniature golf every year with an excess of $1 billion annually in industry revenues. From children to senior citizens, miniature golf appeals to players of all ages. What’s more, it’s a fun business to operate. More Time To Do What You …

Are mini golf courses profitable?

Sep 27, 2018 · In business terms, mini golf courses are cheap to run, with very few staff required and low equipment costs. Mini golf courses are profitable because they: attract all age groups. are cheap to run – low staffing needs of 1 or 2 people. have cheap equipment cost (putters and balls) provide large profit margins.

Can you make money playing mini golf?

Mini golf courses tend to be profitable businesses—and sometimes very lucrative—because of their business model. But you can't rely on a business model to ensure that your mini golf course will also be a success.Sep 27, 2018

How much revenue do golf courses make?

According to the National Golf Foundation's 2010 Operating & Financial Performance Profiles of 18-hole golf facilities in the U.S., private 18-hole golf clubs had average total revenue of $3,277,000 in 2009, but with total expenses of $3,204,500.Aug 16, 2018

Is it profitable to own a golf course?

Buying a golf course is often a passion play. But with the right business savvy, it can also be a profitable enterprise.Aug 4, 2021

Are most golf courses profitable?

On an encouraging note, Sageworks' data show that even though golf courses have negative margins, they have strengthened steadily since 2008, when the average net profit margin was about -9%.Jun 29, 2014

How much does it cost to make a golf course?

The median cost to build a golf course is $14 million, not including buying the land. The lowest-priced golf courses cost $7 million. Others cost as much as $25 million. Building greens is one of the most important tasks, and it can cost as much as $60 per square foot.6 days ago

Is investing in a golf course worth it?

Golf course properties typically have great resale value, selling at two to three times that of an average home – which is a magnet for investors.

Do golf course owners make money?

The most common income streams are green fees, membership fees, pro shop sales, and food and beverage sales. While increasing membership fees or green fees might seem like a good way to increase revenue, it might put off more golfers than the additional income earned.

Why are golf courses so expensive?

Why is golf so expensive? Golf is costly due to the high cost of quality golf clubs, accessories, course fees, memberships, and the amount of golf that is played. Golf clubs are made from quality materials meant to last a lifetime, and courses often require membership, the cost of which reflects the club's exclusivity.Jun 30, 2020

How many acres does it take to build a golf course?

Golf courses require anywhere from 100 to 200 acres of land for an 18 hole championship course. The size of 18-hole golf courses can vary, sometimes drastically, but most courses are between 5,000 and 7,000 yards. But that's just the distance from hole to hole.

How do golf businesses make money?

How to Make Money Playing GolfGet a Job as a Golf Pro. If you generally enjoy the game of golf and think you could handle a career in the industry, becoming a golf pro is a great choice. ... Play in Golf Tournaments. ... Place Friendly Bets with Your Friends. ... Become a Mystery Shopper. ... Get Sponsorships/Become an Influencer.

What is a golf course view worth?

A study done by the National Recreation and Parks Association found that properties that view a golf course, even if they are not a part of that golf community, have 15-30% higher property values.Feb 17, 2021

How do you finance a golf course?

While privately insured loans are often the most popular form of financing for golf course owners, some may find that SBA 7a or SBA 504 loans could be a better fit. Unlike privately insured loans, SBA loans allow golf course operators to buy equipment and fund working capital.

What Our Owners Say?

"The people at Harris were efficient, effective and flexible. I was on site every day during construction and the guys were always asking me for my input. They would take what I suggested and make it happen. They were on time and on budget, which was an absolute delight! Best of all, I’ve made a ton of money in the miniature golf business."

Revenue Calculator

Use the interactive revenue calculator below to estimate how much money you can make operating a mini golf course.

Is mini golf profitable?

Mini golf courses tend to be profitable businesses—and sometimes very lucrative—because of their business model. But you can’t rely on a business model to ensure that your mini golf course will also be a success. There are steps you can take to make sure your business will be profitable. 1.

What is mini golf?

In general terms, mini golf courses have a broad appeal and can be enjoyed by people of all ages and abilities. Whereas other attractions—such as go cart racing, arcades, water slides, paintball games, indoor rock climbing—often only appeal to a narrow section of the market.

Is mini golf a good investment?

However, a mini golf course can be a very safe and lucrative business investment. Below we’ll explore why miniature golf courses are profitable and how you can make sure yours is a profitable exercise.

What is the best way to run a business?

attract all age groups. are cheap to run – low staffing needs of 1 or 2 people. have cheap equipment cost (putters and balls) provide large profit margins. give high return on investment (ROI) pay themselves off quickly (often in 1-3 years) require low liability insurance. are a fun business to run.

Is it a good idea to start a mini golf business?

It’s never a good idea to go into a new business blindly. A big part of creating a profitable mini golf business is to research the industry, market and local area. For example, you don’t want to open a mini golf course right down the road from a competing business.

What Our Owners Say?

"The people at Harris were efficient, effective and flexible. I was on site every day during construction and the guys were always asking me for my input. They would take what I suggested and make it happen. They were on time and on budget, which was an absolute delight! Best of all, I’ve made a ton of money in the miniature golf business."

The Harris Guarantee

At Harris, we always provide our clients with the full extent of our talents. We believe in the little things that will make all the difference between a job well done and a job remarkably done. The courses we build not only meet, but surpass customers’ expectations. We complete our projects on budget and on time.

Jump-Start Your Existing Business

Turn your restaurant, driving range, amusement park, ice cream stand, or other businesses into a money generating machine with a miniature golf course by Harris. Countless of our clients announced that generated earnings by their new miniature golf courses far exceed any other sales.

How many mini golf courses are there in the US?

There are more than 1,300 miniature golf courses in the United States of America; this represents a slight increase because as at 1997, the Economic Census counted 1,041 mini golf courses in existence that was owned by private entities.

What is mini golf?

The mini golf business is one that is in the entertainment industry and can be run by just anyone who has the resources and business acumen. If you however choose to take professional courses in management, marketing or accounting to boost your business experience, then you can do so. 12.

Why is it important to have insurance when running a business?

Having insurance policies when running a business in the United States is mandatory because with an Insurance Policy, the entrepreneur does not have to worry about paying for issues when they crop up. While it is best to have insurance, just buying any kind of insurance might result to you wasting money on policies that will not benefit your business.

What is the best decision to make when starting a business?

While each option has its pros and cons, it is usually best to choose the one that aligns with your corporate goals and objectives.

When did mini golf start?

The mini golf course business began to take shape in the 1950s and boomed until the 90s when its popularity began to slow down due to technology being built for home use as most customers especially kids now prefer to engage in interactive pastimes.

Why is it important to choose a location for a mini golf course?

The location you intend to choose for your mini golf course is very important as this could make the difference between the growth and failure of the business. This is why it is advised that you conduct a thorough research regarding the business before starting it so that you do not end up running a business that will drain your resources.

How do I start a mini golf business?

When looking to start your mini golf business, you should be aware of the various competitions that you are likely to face and be prepared for it. One of the ways by which you can compete is via marketing. Marketing is the ability to determine what it is your target market wants and then create strategies that will ensure that these needs are met.