How much to build a golf course depends significantly on the cost of the land. An average 18-hole golf course requires approximately 140 and 180 acres, while a 9-hole course requires 70 and 100 acres. A 9-hole par-3 course can be built on as little as 65 acres, while an 18-hole pitch and putt require around 25 to 30 acres.
Adding the number of tees up for an 18-hole course is 72 tees and a surface area of more than 86,000 square feet. The approximate cost to build the tees could range from $50,000 to $200,000. Size, quality, and quantity of bunkers play a significant role in the cost of the bunkers.
However, the relatively low ongoing expenses means that a steady stream of customers can easily make you over $100,000 a year, and some mini golf course owners report being able to pay off their initial investment within the first few years of opening this business. How can you make your business more profitable?
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 business location and size, but utilities should be about $1,500 a month, and insurance about $500. Fresh supplies can run about $400 a month, while rent may be upwards of $6,000.
“This means an 18-hole course of all short par 3s could be built on as little as 30 acres, while an intermediate length or executive course of 18 holes of par 3s and 4s would require 75-100 acres, and a full size par 72 course would need 120-200 acres.
And the equipment required to play is only two clubs—a lofted iron and a putter. And the space required for an 18-hole pitch-and-putt course averages five or six acres, with each hole generally under 80 yards and some as short as 25 yards.
At the individual level, an average 18-hole golf course covers 150 acres, approximately 100 (67 percent) of which is maintained turfgrass. This area is predominantly comprised of rough (51 acres) and fairways (30 acres).
While it's great to be passionate about a new business idea, businesses can't survive on passion alone. As is well documented, most new businesses fail within the first few years. However, a mini golf course can be a very safe and lucrative business investment.
Profitable golf courses are generally selling for six to eight times EBITDA, while courses that aren't profitable tend to sell at 0.8 to 1.4 times revenue.
A short par 3 course can be built on as little as 25 acres, while a full-length elite course can require up to 140 acres of land. But the land requirements vary based on your location, size of course, and the difficulty of the course.
Teeing area per hole averages 7,500 sq. ft. Greens average 6,500 square feet. Fairways account for 30-acres….
Augusta National was founded in 1932 by Bobby Jones and Clifford Roberts on the 365-acre site of a former nursery/antebellum plantation called Fruitland (later Fruitlands).[1] Jones sought to create a world-class winter golf course in his native state of Georgia.
A simple 9-hole course can be built on as little as 2 acres for around $3000. Championship caliber courses typically require 1 to 2 acres per hole. Disc golf courses can be installed in phases and upgraded over time.
130 million peopleMore 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.
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...
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...
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...
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...
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...
In order to maximize profitability, be sure to have an advertising presence in logical areas for potential customers, including schools, churches,...
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...
The daily activities for a mini-golf business are pretty simple. You will be talking to customers, taking their payment, providing them with equipm...
Prior experience working at a mini-golf business or other type of recreational center can be helpful to in starting this business. Similarly, being...
The exact growth potential of a mini-golf business varies by area. Nationally, businesses that focus purely on mini-golf have experienced a decline...
The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your miniature golf course is sued.
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.
The old real estate adage, ‘location, location, location!’ also applies to build a miniature golf course business. Selecting the right location can be a huge factor in determining your success.
Leaving many local community members distraught at the notion of losing the beloved dinosaur or other legendary iconic on the classes. Miniature golf as we know it did not start to take shape till the 1950s. In 1954 Don Clayton and his Putt-Putt Golf Corporation.
The Toledo Mud Hens transformed their AAA baseball stadium to a mini-golf course during the off-season. A pub named Swingers recently opened in London and included a miniature golf course in an underground World War II bunker.
Building a miniature golf course industry is not as tough as you might think. To begin with, settling a turnkey business like Mini Golf Creations to build, design, and provide a ‘ready-to-play’ course can make life a lot easier. However, before beginning any new company venture, it is essential to do your research to make sure your course is going ...
Miniature golf park business in itself does not cut it anymore. Courses persist today by getting weird, and while that might be sordid information to the sentimentalists, it has given growth to an unparalleled wave of creativity within the business.
Know The Business. You do not require any particular qualifications to run a mini-golf course business. In actuality, when the program is built, the company will efficiently work itself with limited staffing and upkeep. It may also produce high ongoing returns.
Miniature golf is now a smaller piece of a much bigger pie, and while golf-only websites are the standard within the Putt-Putt Corporation, now they are few-and-far-between. “We’ve had to become more forward-thinking,” Callahan said. “ Fun centers will generate significantly more revenue than just generic miniature golf.