how much is a low end mini golf course?

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.

Full Answer

How much does it cost to open a mini golf course?

Jan 27, 2021 · A mini-golf business simply charges customers a set fee in order for the customers to play on the course. How much can you charge customers? The exact cost may vary by region, but it is typical to charge customers about $5 to $7 to play 18 holes.

What makes new miniature golf courses different?

Castle Golf will develop a complete set of construction documents as we always do. These plans become the basis for applying a cost to construct. They also describe what the various components of construction include. At this point the client, through discussions with Castle Golf, can determine what they can contribute to the project.

How much does it cost to play 18 holes of golf?

Jan 30, 2013 · “Adventure Golf Services created LittleDuffer to answer the customer demand for a smaller and a more economically priced miniature golf course that looks good and is fun to play,” said Scott Lundmark, the company's vice president. The cost is $6,000 for the standard 9-hole model and $12,000 for an 18-holde course.

How much is a mini golf game worth?

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

What are the costs involved in opening a miniature golf course?

The costs of opening a mini-golf business vary, but typically run up $500,000. One professional group estimates that it will cost between $15,000 t...

What are the ongoing expenses for a miniature golf course?

The good news is that after the initial expenses to open a course, the ongoing expenses are relatively minor. Some of the costs will vary by busine...

Who is the target market?

In general, your best clients will be families. This is because the parents will help to control the behavior of children (which will not be true o...

How much can you charge customers?

The exact cost may vary by region, but it is typical to charge customers about $5 to $7 to play 18 holes. This pricing makes your business a very c...

How much profit can a miniature golf course make?

The exact amount of profit your business makes greatly depends on the region as well as what the local entertainment competition is. However, the r...

How can you make your business more profitable?

In order to maximize profitability, be sure to have an advertising presence in logical areas for potential customers, including schools, churches,...

Is this Business Right For You?

This job is definitely for someone who is enthusiastic about mini-golf. This helps you to not only enjoy your job but to facilitate minor repairs a...

What happens during a typical day at a miniature golf course?

The daily activities for a mini-golf business are pretty simple. You will be talking to customers, taking their payment, providing them with equipm...

What are some skills and experiences that will help you build a successful miniature golf course?

Prior experience working at a mini-golf business or other type of recreational center can be helpful to in starting this business. Similarly, being...

What is the growth potential for a miniature golf course?

The exact growth potential of a mini-golf business varies by area. Nationally, businesses that focus purely on mini-golf have experienced a decline...

What is a CO for mini golf?

Miniature Golf Courses operating out of a physical location typically require a Certificate of Occupancy (CO). A CO confirms that all building codes, zoning laws and government regulations have been met.

What is net 30?

The term "net-30," which is popular among vendors, refers to a business credit arrangement where the company pays the vendor within 30 days of receiving goods or services. Net-30 credit terms are often used for businesses that need to obtain inventory quickly but do not have the cash on hand.

Why is it important to have a clear plan?

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

How to play music in public?

In order to play music in a public setting, permission must be acquired from the composer or license holder. Typically, it is possible to obtain a “blanket” license allowing a businesses to play music owned by a large catalog of artists and recording studios. Such licenses can be obtained from Performance Rights Organizations, such as ASCAP and BMI.

Why is it important to record expenses?

Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing.

Why do businesses need insurance?

Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss. There are several types of insurance policies created for different types of businesses with different risks.

What are the best resources for entrepreneurs?

One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need. Having a support network in place to turn to during tough times is a major factor of success for new business owners.

What are the two types of businesses that thrive in depressed economic times?

History has proven there are two types of businesses that thrive in depressed economic times. These two categories of businesses are alcohol and family entertainment. As far back as the depression of the early 30s, the family entertainment industry has performed well in prosperous times and in economic downturns.

Does Family Entertainment have inventory?

As noted earlier, this family entertainment business has no inventory and does not do sales on credit. Therefore several ratios normally deemed important by the reader will not show reasonable numbers. The high value for Profit Before Interest and Taxes is not an error.