How much money does Topgolf make a year?
Topgolf generated approximately $1.1 billion in revenue in 2019 and has grown at a 30% compound annual rate since 2017.
Who is the primary investor in Topgolf?
In 2011, Thomas Dundon, Chairman and Managing Partner of Dundon Capital Partners, became a primary investor. Additionally, in 2016, Providence Equity Partners made a sizable minority investment in Topgolf.
Why should you invest in Topgolf?
Fully Funded High Growth Opportunities: Topgolf is a high-growth platform with attractive unit economics across its businesses that will benefit from Callaway’s strong financial position that can fully fund Topgolf’s growth plans at an attractive cost of capital.
Is Topgolf a good place to buy golf equipment?
Topgolf is a great way to learn golf while keeping it fun for everyone in a low-stress environment. You can purchase Callaway Golf Equipment at any Topgolf nationwide and have it shipped to your door.
Does Topgolf make a lot of money?
How Much Does Topgolf Make in Profit? According to the Making of a Millionaire, a Topgolf venue can return around $21.5 million yearly. An estimated 50% of business revenue is generated through food, drink, and alcohol sales. The other 50% of revenue comes from renting out bays at $30 – $50 per hour to guests.
How does paying work at Topgolf?
The bays are for rent on a first-come, first-serve basis. The prices go up throughout the day. From 9 a.m. to noon, it cost $27 per hour per bay. From noon to 5 p.m., it costs $37 and from 5 p.m. to close, the rental fee is $47 an hour.
How much do Topgolf guest services make?
$11 per hourHow much does a Guest Services at Topgolf make? The typical Topgolf Guest Services salary is $11 per hour. Guest Services salaries at Topgolf can range from $8 - $16 per hour.
How much does a Topgolf pro make?
Salary Ranges for Golf Pros The salaries of Golf Pros in the US range from $73,478 to $105,174 , with a median salary of $82,469 . The middle 57% of Golf Pros makes between $82,469 and $89,955, with the top 86% making $105,174.
Is Topgolf cash only?
Yes you can pay in cash. Dan B. I've always paid with a credit card . Call the main # from the website they should be able to help you.
How much is a Topgolf franchise?
How much does the Topgolf franchise cost? Topgolf has a total initial investment range of $15 to $50 million. All inquiries for initial franchise and royalty fees, ad fees, net worth requirements, liquid cash requirements can be submitted to Topgolf Entertainment Group. Initial Investment: $15 - $50 million.
How much does Topgolf make a year?
Topgolf generated approximately $1.1 billion in revenue in 2019 and has grown at a 30% compound annual rate since 2017.
How much does a kitchen manager make at Topgolf?
The typical Topgolf Kitchen Manager salary is $39,278 per year. Kitchen Manager salaries at Topgolf can range from $29,387 - $53,551 per year. This estimate is based upon 21 Topgolf Kitchen Manager salary report(s) provided by employees or estimated based upon statistical methods.
Does Topgolf charge per person?
Depending on the TopGolf locations you choose, they may also charge per person rates. These rates can be seen below group packages or price listings. For example, you might see a $60 per hour rate. That breaks down to about $10 per person per hour if you have six people in your topgolf bay with you.
Who is the highest paid golf player?
The World's Highest-Paid GolfersTiger Woods: $73.5 million. ... Rory McIlroy: $38.4 million. ... Phil Mickelson: $37.1 million. ... Jordan Spieth: $32.4 million. ... Patrick Cantlay: $28.3 million. ... Justin Thomas: $26.4 million. ... Jon Rahm: $24.9 million. ... Dustin Johnson: $23.9 million.More items...•
Why does golf pay so much?
Golfers get paid so much because of sponsorships and tournament funds that are allocated to the tournament purse. Because of the attention to professional golf and the participation of brands and fans, there is quite a bit of money to give to the top players.
Do golfers get paid if they miss the cut?
Golfers who don't make the cut do not get paid. When you see those players who are right on the edge of making the cut struggling to make that one last putt, it has everything to do with the fact that they want a chance to make it to the weekend.
What happens if you fail to comply with Topgolf rules?
In the event that a Member fails to comply with said rules and regulations, Topgolf may (1) suspend all Subscription Membership privileges or (2) void this Agreement and revoke all Subscription Membership privileges.
How many players can you have in a Topgolf bay?
Each Subscription Membership is good for one (1) Topgolf bay for up to six (6) players, at any one (1) Topgolf venue, at any one (1) time. The Designated Individuals on the Subscription Membership must always be present with their guests.
How many players can play Topgolf at one time?
Each Subscription Membership purchased is good for one (1) Topgolf bay for up to six (6) players, at any one (1) Topgolf venue, at any one (1) time. The two (2) Designated Individuals on the Subscription Membership must be present with their guests at all times.
What happens if you pay for a subscription membership?
If a Subscription Membership is paid for by the member’s employer, the employer holds the right to the Subscription Membership in the event the member is no longer employed by said company, for any reason, through the end of the paid term. 8. SUSPENSION/TERMINATION.
How many people can be on a Platinum Club Hero membership?
Platinum Club Hero Memberships are a shared membership for up to two (2) designated individuals , one (1) of which must qualify as a Hero. These Designated Individuals will remain on the Subscription Membership throughout the term of the Subscription Membership purchased.
How much does a Platinum Elite Hero membership cost?
The cost for a Platinum Elite Hero Membership is $200 per month, $1,080 for six (6) months, or $2,000 for twelve (12) months.
How many bays can you use in a membership?
Each Membership account can only be used in one bay at a time. The two (2) Designated Individuals on the Subscription Membership must be present with their guests at all times. Designated Individuals will check in using their mobile number and a valid photo ID confirming their identity.
How often does Topgolf charge a membership fee?
For the 30 days immediately following the suspension day, Topgolf may attempt to charge the Payment Card the periodic membership fee every 10 days. If the charge is accepted, then your Monthly Membership benefits will be reinstated as of the date the charge is accepted.
Who owns the intellectual property of Topgolf?
The Intellectual Property is owned or controlled by Topgolf or the party credited as the provider of the intellectual property. Additionally, the Site itself is protected by copyright as a collective work and/or compilation.
Where is Topgolf International located?
If you have any questions regarding our Terms and Conditions Agreement, please contact us by sending an email to [email protected] or writing to us at Topgolf International, Inc., 8750 N. Central Expressway (Suite 1200), Dallas, TX 75231, ATTN: Marketing Resources.
When will Topgolf suspend my membership?
If Topgolf is unable to charge your Payment Card (existing or new, if you have provided new Payment Card information,) within the 10-day period, then your Monthly Membership will be indefinitely suspended beginning on the 11 th day from the date your Payment Card was initially declined.
Who is Topgolf International?
This Topgolf Site is operated by Topgolf International, Inc., a Delaware corporation. Topgolf makes no representation that the information in this Site is appropriate or available for use outside of the United States, and access to this Site from territories where the content of the Site may be illegal is prohibited.
Does Topgolf guarantee the accuracy of the site?
Disclaimer of Warranty and Limitation of Liability. Topgolf does not guarantee the accuracy of information found on the Site. Your reliance on information found on the Site is at your own risk. THE SITE, AND ALL ITS CONTENTS, IS PROVIDED TO YOU “AS IS,” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED.
When did Topgolf start?
What began as a technology developed by the Joliffe brothers to enhance the game of golf led to the first three Topgolf venues in the United Kingdom in 2000. Topgolf Entertainment Group then began its journey to become a technology-driven global sports and entertainment brand when Erik Anderson, Founder and CEO of investment company WestRiver ...
Where did the name Topgolf originate?
Topgolf originated from the timeless golf question, "Who hit it closer?". Originally called "Target Oriented Practice Golf," the founders of Topgolf used proprietary radio-frequency identification (RFID) technology and dartboard-style targets to answer this question, and the first Topgolf venue was created in Watford in the United Kingdom in 2000.
Is Topgolf a wholly owned company?
In 2021, Topgolf Entertainment Group merged with the Callaway family of brands and is now a wholly owned subsidiary of Callaway Golf. Erik Anderson now serves as Vice Chairman of the Callaway Board of Directors, and WestRiver Group, Providence Equity Partners and Dundon Capital remain significant shareholders in the combined company.
Lesson & Class Packages
No matter how you learn, we’ve got the lesson for you. We also offer custom packages for individual lessons or group classes. Find the right way to learn from the options below:
The Topgolf Coach Difference
No matter your skill level or experience, our Topgolf Coaches can take your game the next step.
What is Topgolf Entertainment Group?
Topgolf Entertainment Group is built on a foundation of inclusivity, community and fun, with safety as our #1 priority. We are committed to providing a positive experience and excellent hospitality for our Guests, customers and partners in a welcoming environment. To learn more about our Commitment to Play Safely, visit topgolf.com/playsafely.
When will Topgolf expand to South America?
Topgolf Entertainment Group Announces Expansion into South America Through New Partnership. July 8, 2021. Global sports and entertainment concept to be introduced to the region starting with Colombia. Topgolf Begins Development of New Venue in North Charleston. June 7, 2021.
How many golf balls did the Bunkers donate?
Topgolf is proud to be the largest individual donor in Bunkers in Baghdad's 10 years of service, providing more than 415,000 golf balls and more than 21,000 golf clubs to troops overseas.
How much revenue does Topgolf have?
Topgolf generated approximately $1.1 billion in revenue in 2019 and has grown at a 30% compound annual rate since 2017.
How many members does Topgolf have?
Media – With World Golf Tour, a leading mobile golf game with 28 million members as of 2019, Topgolf has built a strong digital presence in the game of golf.
How many Topgolf locations are there?
Topgolf has 63 locations around the globe – including a robust pipeline of new openings – serving more than 23 million guests in 2019 with more than 50% of consumers identifying as non-golfers. Toptracer – A leading ball-tracing technology best known for transforming televised golf is now being brought directly to everyday golf.
What is Callaway Golf?
Callaway Golf Company (NYSE: ELY) is a premium golf equipment and active lifestyle company with a portfolio of global brands , including Callaway Golf, Odyssey, OGIO, TravisMathew and Jack Wolfskin. Through an unwavering commitment to innovation, Callaway manufactures and sells premium golf clubs, golf balls, golf and lifestyle bags, golf and lifestyle apparel and other accessories. For more information please visit www.callawaygolf.com, www.odysseygolf.com, www.OGIO.com, www.travismathew.com, and www.jack-wolfskin.com.
What is Topgolf Entertainment Group?
Topgolf Entertainment Group is a technology-enabled global sports and entertainment community that connects people in meaningful ways through the experiences we create, the innovation we champion and the good we do.
When will Callaway and Topgolf close?
The parties expect to complete the transaction in early 2021, subject to satisfaction of these conditions.
When did Callaway invest in Topgolf?
Callaway first invested in Topgolf in 2006, and the companies have maintained a strong partnership since, including an exclusive golf partnership agreement at all Topgolf venues. Topgolf has achieved rapid growth and strong customer engagement since its founding in 2000, driven by several platforms, including: