how to open your own golf course

Start a golf course by following these 10 steps:

• Plan your Golf Course.
• Form your Golf Course into a Legal Entity.
• Register your Golf Course for Taxes.
• Open a Business Bank Account & Credit Card.
• Set up Accounting for your Golf Course.
• Get the Necessary Permits & Licenses for your Golf Course.
• Get Golf Course Insurance.
• Define your Golf Course Brand.
• Create your Golf Course Website.
• Set up your Business Phone System.

Full Answer

Is it possible to start your own golf course?

Learn how to start your own Golf Course and whether it is the right fit for you. You have found the perfect business idea, and now you are ready to take the next step. There is more to starting a business than just registering it with the state.

How do I develop a golf course?

Top of the list for any potential golf course developer should be the engagement of a golf course architect (search the EIGCA member database ). Your golf course architect will lead your development from concept to completion and ease any bumps along the way, helping to avoid the project becoming unnecessarily complicated, drawn out and expensive.

How much does it cost to open a golf course?

The costs associated with opening a golf course are significant. The largest upfront expense is usually land, as courses can require 200 acres of land or more. Other major expenses include: One couple in New York built their own course, which they expect to cost $1.5 million by the time all 18 holes are installed.

How do I start a golf course business?

Golf course businesses can add additional revenue streams and increase profits by hiring golf pros who offer lessons, putting in a pro shop that sells equipment, installing a driving range adjacent to the course, or having a restaurant on site. What will you name your business? Choosing the right name is important and challenging.

Is owning a golf course lucrative?

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.

How much money does it take to build 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.

Does anyone own their own golf course?

There have been many such courses, and you might think they're exclusive clubs like Seminole, Augusta National and Cypress Point, but the truly private courses have been built by individuals who own the course, and they have no members.

How many acres is needed for a golf course?

“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.

What goes into building a golf course?

These are just some of the many steps that go into building a golf course....Steps in the Golf Course Building ProcessGrading. ... Drainage. ... Rough and Finish Shaping. ... Green Construction. ... Tee Construction. ... Bunker Construction. ... Grassing and Seed Prep.More items...

How long does it take to build a golf course?

The actual construction time for a golf course from ground -breaking to opening can be from one to two years, depending on the weather and amount of equipment used. But today it often takes an additional one to two years to obtain all of the permits and required approvals before construction can begin.

Do city golf courses make money?

Municipal courses use their revenue sources to pay for the maintenance of the course and facilities, including staff salaries. Privately owned public courses, however, are usually managed with the objective of making money.

What is the hardest golf club to join?

Oakmont is one of the oldest golf clubs in the country since its inception in 1903. The club is located in Allegheny River Valley and has no water and few trees. With over two hundred bunkers, it is known as one of the most difficult in the United States. Memberships are by invitation only and start at $75,000.

Does Justin Timberlake own a golf course?

In 2007 he bought a golf course in Memphis. Initially called Big Creek Golf Course, he renamed it to Mirimichi, which locally means 'a place of happy retreat'. Timberlake bought the golf course because he had played on it as a child.

How much water do golf courses use?

90 million gallonsIn California, an average 18-hole golf course sprawls over 110 to 115 acres and conservatively uses almost 90 million gallons of water per year, enough to fill 136 Olympic-size swimming pools, said Mike Huck, a water management consultant who works with golf courses statewide.

How many acres is an average 18-hole golf course?

150 acresAt 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).

What is the world's largest golf course?

From the tips, Erin Hills -- the site of this year's U.S. Open -- spans over 7,800 yards.

Due to the spread of the coronavirus, is this business essential?

No. Under current guidelines across multiple states, this business is not classified as essential while emergency orders are active.For more inform...

What are the costs involved in opening a golf course?

The costs associated with opening a golf course are significant. The largest upfront expense is usually land, as courses can require 200 acres of l...

What are the ongoing expenses for a golf course?

The ongoing expenses for a golf course business largely consist of maintenance fees for the course and any buildings on the property. In 2016, the...

Who is the target market?

A golf course’s ideal customer is an affluent golfer. Such a person enjoys the sport, and they have the money necessary to go golfing regularly.

How much can you charge customers?

According to Golfweek, most privately owned golf courses charge an average of $40 per round with a cart on the weekend. Weekday prices tend to be s...

How much profit can a golf course make?

In 2015, 69 percent of golf courses broke even (24 percent) or earned a profit (45 percent). The profitability of these courses varies greatly, dep...

How can you make your business more profitable?

Golf course businesses can add additional revenue streams and increase profits by hiring golf pros who offer lessons, putting in a pro shop that se...

Is this Business Right For You?

Anyone who is well-versed in a variety of aspects of business and enjoys golfing themselves may be qualified to run a golf course. It’s important t...

What happens during a typical day at a golf course?

During the golf season, there are lots of day-to-day activities that must be done. A few include: watering and mowing fairways, roughs and greens c...

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

Business owners that build a golf course from scratch should be familiar with golf course design. Even if they hire a golf course architect to actu...

How do golf courses make money?

Golf courses make a large portion of their revenue from events, tournaments, and contests. Spend time with your team organizing various events throughout the year. Market your business for charity events, marriages, corporate outings, and local tournaments.

Why is online tee time important?

Online tee time booking is more important than ever. The vast majority of golfers prefer to book online and it saves your clubhouse and pro shop attendants time on the phone. A great online booking system will be more convenient for both you and your players.

Why is social media important for golf?

Social media is vital for any business, but particularly for golf courses. Show off your new clubhouse, redesigned greens, or perfect maintenance. Golf courses can also allow booking on social media platforms so users can reserve a tee time in a variety of convenient ways.

Who develops a master plan for golf course?

The masterplan should be developed by a project team, which is usually led by the golf course architect and typically includes some or all of these specialisms: Your golf course architect will provide a detailed design package to reflect local planning submission requirements and ease the planning process. Land Planner.

How are golf course fees calculated?

Fees are usually calculated in one of three ways: As a percentage of the construction costs. A fixed price. A time rate. To understand more about the amount you will need to invest in engaging a golf course architect, read our advice on golf course design fees. Download:

What are the factors that determine the cost of a golf course?

Golf course design fees are dependent on a variety of factors, such as the type and scale of the project, its technical complexity, the planning approval process, the working practices of the individual golf course architect and the services and conditions imposed by clients.

What is a golf course architect?

Your golf course architect will provide a detailed design package to reflect local planning submission requirements and make the planning process easier. Your golf course architect will also assist with the preparation of an Environmental Impact Assessment should it be required.

What are the physical elements of a golf course?

Technical – is the site you are considering suitable for a golf course? A golf course architect will examine the physical elements of the site, such as land area, topography, soils, geology, vegetation, drainage and water availability.

How to make a golf course in your backyard?

1. Think about how much time and space you have. It will be more work than you think to design the course, maintain it, and depending on how complex it is, you may not be able to tear it down if you don't want it anymore. You will need a fairly large backyard in order to do this. Of course, it's just going to be one hole.

How to play golf in your backyard?

Start with the equipment. Make sure you have a pitching wedge/sand wedge and a putter. These are the only clubs you will really need if you're just golfing in your backyard. Make sure to have multiple balls, since you may lose some. Also make sure you have a good grass mower that can cut the grass nice and short.

How often do you mow a golf course?

At real courses, they have crews come out every day to maintain the courses. While you may not need to mow your course every day, just every 3-4 days, just take about 15-20 minutes from your day to check up on your course. Invite some friends over to play together, this will make it a lot more fun!

How big should a golf green be?

Leave a few feet in between for the rough. The green should be, depending on the size of your course, roughly around 8 feet (2.4 m). x 8 feet (2.4 m). Try to make the green about the same width as the fairway.

How many sand traps do you need for a golf course?

You shouldn't need any more than three sand traps throughout your course. Try to have at least one along the side of the fairway and at least one in front, behind, or alongside the green. The sand traps should be no bigger than 5 feet (1.5 m). x 5 feet (1.5 m).

What is a business structure for miniature golf?

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.

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.

Can I start an LLC myself?

You can start an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee. Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services.

How To Start A Custom Shop

Location…this is important….really important….find a spot that has very high traffic flow and is in a town or area where the niche is not being itched. It does not have to be the newest area for the retail spot, some of those are so high on rent that its makes the overhead to costly to ever be profitable.

How Many Square Feet Should I Get

Somewhere around (1500 sq. ft) is perfect for starting out. It will give you enough room for a repair area, custom fitting net, etc etc. To keep your overhead in check, look for used club racks, club repair equipment, launch monitors etc…EBAY is a great place for these items when you are starting out.

Inventory and Mission of the Store

For your inventory…you need to find out what niche you are going after in the custom club arena…There are basically three choices here:

Grand Opening and Marketing

We’ll your business is finally here and you are ready to open in a few months. Since this is going to be a local business I would suggest a simple website and working with a local web marketing person to develop a marketing plan for PPC (pay-per-click advertising).

Adding Employees

Now that the business is up and running…you are going to need people to help you. Always look for people smarter than you are…dont be afaid of that….its good they are smarter….listen to ideas….give people a bonus system or stake in the companies success.

Expansion into other areas

Last, always look to see if there is new businesess that fits in you core of knowledge. or expand your shop into another community with the same demographics. If you are at 200K in sales, maybe your business is maxed out at that point in that particular market…but there may be other markets you can apply the same knowledge to.

Evaluation

At the end of every year or half year..look at all areas of the business and see what can be improved. Get outside opinions from other business owners in your area and see what methods of marketing have worked well for them. Also keep looking for better ways to satisfy your clients needs.

How much did Doyle pay for the golf course in Florida?

The $3.8 million Doyle paid for the course, in Florida’s third-biggest market, is slightly more than the average purchase price ($3.1 million) for the 114 golf course sales tracked by Leisure Investment Properties Group last year.

What is the National Golf Foundation's GolfMAP system?

The National Golf Foundation’s GolfMAP system, for example, provides a detailed look at demand-related variables such as participation rates, golfing households, rounds played, interest among non-golfers, and household income in a particular region.

Where did Dan Doyle Jr. play golf?

E very day for almost 20 years, Dan Doyle Jr. passed the same public golf course near Tampa, Fla., while driving his kids to school or heading to the office. The town-owned Belleview Biltmore Golf Club in Bellaire was the venue at which Doyle learned to play the game as a youngster and he’d frequently feel pangs of disappointment ...

Feasibility Studies

Design Concept

Masterplan

Planning Approval

Tenders

• Your golf course architect will prepare detailed documentation, including contracts, plans and specifications to allow the project to be tendered. If you need them to, they will also assist in evaluating tender responses and select the best contractors for you. The documentation may include plans for: 1. Grading 2. Drainage 3. Clearing 4. Irrigatio...

See more on eigca.org

Golf Course Construction

Establishment

Selecting A Golf Course Architect

Cost of Building A Golf Course