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...
Despite the rather high startup costs, maintaining a mini-golf course is relatively cheap. The main thing that will cost you (besides employees) is the maintenance and upkeep of the course itself. The larger and more extravagant your course, the more it will take for upkeep.
Operating a mini-golf business is an extremely fun and very profitable enterprise. Compared to a traditional golf-course, mini-golf offers cheaper startup and operation costs, as well as more consistent and varied clientele. One of the greatest challenges of running a traditional golf course is its management.
It is estimated that every year over 130 million people play mini-golf, generating a total annual revenue of over $1 billion for course owners. Mini-golf is a lucrative business because it has great potential for growth ...
The reason why is that mini-golf is virtually recession proof.
The reason why is that mini-golf is virtually recession proof. The average 18-hole game costs about 5$ so it’s one of the cheapest forms of entertainment.
Mini-golf typically has an on season during the warmer spring and summer months and an offseason during the fall and winter. Zooming in even further, mini-golf attendance shows clear peaks and valleys during each individual week, typically being higher during evenings and weekends and slower during weekdays.
Traditional mini-golf courses usually consist of one 18- hole course. However, having two 18-hole courses can be key to gaining repeat business and driving profits up. Having 2-18 hole courses give customers more variety and reduce crowding and lines, which is good for keeping customers around.
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.
Having strategies in place that will boost publicity for your mini golf course is very important, this is because not only will you be creating awareness for your business but you will also be able to convert most of the awareness to revenue for your business.
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.
The mini golf business industry is a fragmented one as there are no major players with a dominating influence over the industry. This is largely due to the fact that most of the mini golf owners in the industry are found in a single location as only one or two owners have multiple locations all around the country.
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.
While there have been several creative themes that owners have created to make their mini golf courses more attractive to customers, none of these new creations have been patented as other mini golf course owners have modified on the idea to use for their mini golf courses without consequences of any sort.
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.
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.
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.
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:
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.
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.
Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.
Family Entertainment is a highly profitable industry that has been growing rapidly over the past several years. This is due largely to a trend within the country to return to family values. The initial profit centers will be the miniature golf course, video arcade, climbing wall, and food service.
1.1 Keys to Success 1 A highly visible, well-trafficked site near the center of our service area. 2 Friendly, happy employees providing superior customer service. 3 A safe, clean environment that the community will be proud of. 4 Have fun while delivering a quality product.
Basically, a mini golf course that is open 120 days a year, and charges $7.50 per round, with a maximum of 80 rounds per hour and has 25 percent capacity during the daytime and 50 percent at nighttime, generates an estimated annual revenue of $333,000.
The recommendation for an 18-hole miniature golf course is between 15,000 and 22,000 square feet for the playing surface. Interestingly, a site as small as 9,000 square feet can be accommodated.
Miniature golf courses have 18 marked holes that are numbered. Players must complete each hole in number order without skipping any hole. Players use their putters to hit the golf ball from the tee area and straight into the hole. The objective is to make it into each hole in as few strokes as possible.
Miniature golf, also known as minigolf, mini-putt, crazy golf, or putt-putt, is an offshoot of the sport of golf focusing solely on the putting aspect of the parent game. The aim of the game is to score the lowest number of points.
Golf courses can be public, private, semiprivate or an extension of a private country club. Activities in this industry does not include businesses that engage in golf driving ranges, miniature golf courses and resorts and hotels that have on-site golf courses.
Solomon O’chucks is a Researcher, Prolific Writer and a UNICEF trained & Certified Facilitator and Counselor, A Graduate of Morris Cerullor School of Ministry and He Holds a Degree in Personal Development & Science of Success from IIGL Asheville, NC, USA.
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Using Klaviyo will open up a massive, untapped sales channel and bring you closer to your customers!
In many areas, miniature golf is a seasonal business. Many contractors won’t have construction crews available during the peak spring and early summer construction seasons. Every day waiting for a construction crew is another day you aren’t making money.
Mini golf courses that are fun, challenging and interesting keep customers coming back and attract more customers through word of mouth. While mini golf is not regulation golf in miniature, Harris courses incorporate undulating and banked greens, water, sand traps, rough turf and other features that make regulation golf fun and challenging.
"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."
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.
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.