Average Topgolf hourly pay ranges from approximately $8.64 per hour for Caddie to $25.00 per hour for Server. The average Topgolf salary ranges from approximately $19,000 per year for Associate to $155,723 per year for Host/Hostess.
How much money does Topgolf make a year?
While a hefty sum to build, the average Topgolf facility returns roughly $21.5 million a year (adjusted for inflation). About half of that revenue is generated from food and drinks, and the other half is made from customers paying for a Topgolf bay, for which they pay $30–$50 an hour.
How much money do pro golfers make?
How Much Money Do Pro Golfers Make? How Much Money Golfers Make Typical golfer salary (male) $703,664 Typical golfer salary (female) $105,048 Highest paid male golfer (PGA money only ... $12,030,465 Highest paid male golfer (with endorseme ... $52,300,000 1 more rows ...
How much does the CEO of the PGA get paid?
Joe Sterenka, CEO of the PGA of America, received $840,000 in 2009, while six more PGA officers earned at least $300,000 apiece. United States Golf Association executive director David Fay earned $773,000.
How much do Topgolf installation&maintenance jobs pay?
The average Topgolf hourly pay ranges from approximately $15 per hour for a Bay Host to $135 per hour for a Maintenance Associate. Topgolf employees rate the overall compensation and benefits package 3.5/5 stars.
How profitable is a Topgolf franchise?
What's the return? On average, each franchise cost about $18 million to build. Although prices and size fluctuate based on the location, a facility opened in Las Vegas cost over $50 million to build. While a hefty sum to build, the average Topgolf facility returns roughly $21.5 million a year (adjusted for inflation).
How much profit does a Topgolf make a year?
Topgolf generated approximately $1.1 billion in revenue in 2019 and has grown at a 30% compound annual rate since 2017....Press Releases.($ in millions, except EPS)2020 Q3 EstimateYear over YearNon-GAAP Earnings Per Share$0.60+67%Adjusted EBITDAS*$87 million+53%1 more row•Oct 27, 2020
How much does a Topgolf make a month?
$4,538/monthAs of May 28, 2022, the average annual pay for the Top Golf jobs category in California is $54,461 a year. Just in case you need a simple salary calculator, that works out to be approximately $26.18 an hour. This is the equivalent of $1,047/week or $4,538/month.
Is Topgolf a good investment?
Lots of growth ahead Topgolf itself says it has the potential for 450 venues, and that doesn't include Toptracer range technology or media revenue. The 70 venues the company operates today are incredibly profitable, with construction costs of $10 million to $40 million and expected cash-on-cash returns of about 50%.
What is Topgolf worth?
$2.4 billionTopgolf's adjusted EBITDA amount of $189.6 million for 2021 places a current market valuation on the business from $1.6 billion to $2.4 billion and a per share value of $8.36 to $13.00.
How many acres do you need for Topgolf?
Topgolf facilities require about 13 acres (5 ha), typically in shopping and entertainment districts near employment centers, as well as specialized buildouts involving netting and poles rising as high as 150 feet (46 m). The latest sites employ more than 400 people, including part-timers.
Who is the owner of Topgolf?
Callaway Golf CompanyTopgolf / Parent organizationCallaway Golf Company is an American global sports equipment manufacturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls, also including accessories such as bags, gloves, and caps. The company also produces clothing through its subsidiary "Callaway Apparel.” Wikipedia
Which franchise makes the most money?
According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.
How long are shifts at Topgolf?
What are the average working hours? 8 hours until closing time. Closing time maybe additional hour or two.
Does Callaway own Topgolf?
Callaway Golf Company Completes Merger with Topgolf, Creating an Unrivaled Global Leader in the Game of Golf.
Is Topgolf growing?
Other than a blip of temporary closures during the heart of the pandemic, Topgolf has continued its torrid growth the past two years. The popularity of Topgolf has led to 74 facilities being built across the globe the past two decades, including 67 in the United States. That growth shows few signs of slowing down.
Is Topgolf privately owned?
Topgolf garnered an investment from Callaway in 2006 and expanded to the United States, now the primary market for the company. Remaining privately-owned during those two decades, the company built locations in every region of the country. Topgolf began looking at an initial public offering in 2019.
Do people feel that they are paid fairly for their work at Topgolf?
Indeed’s Work Happiness survey asked over 1,695 current and former employees whether they feel they are paid fairly for their work. Of the responde...
Do you receive overtime pay for your role at Topgolf?
Indeed’s survey asked over 145 current and former employees what the overtime policy was for their role at Topgolf. The most popular answer was the...
How often do you get pay raises at Topgolf?
Indeed’s survey asked over 204 current and former employees how often they received pay raises when they worked at Topgolf. Most respondents said t...
Do you get paid sick days at Topgolf?
Indeed’s survey asked over 1,119 current and former employees how many paid sick days they received for their role. Respondents said they received...
What kind of flexibility benefits can you get at Topgolf?
To find out what kind of flexibility benefits Topgolf offers, Indeed’s Work Happiness survey asked over 274 current and former employees. Responden...
Do you get paid time off at Topgolf?
Indeed’s survey asked over 1,119 current and former employees how many paid vacation days they received for their role. Respondents said they recei...
How much vacation and PTO did you get at Topgolf?
We asked over 1,119 current and former employees how many paid vacation days they received for their role. Respondents said they received no paid v...
How much does it cost to start a Topgolf franchise?
Below is the summary of the cost of starting a TopGolf Franchise; On average a TopGolf franchise costs up to $18 million dollars to build, however startup costs will fluctuate. One facility in Austin, Texas was built for around $15 million while a new TopGolf that was built in Las Vegas cost over $50 million.
How many square feet is Topgolf?
The average TopGolf facility is 65,000 square feet and three storeys high. Over 1250 people can simultaneously have fun and relax. This destination features monthly membership fees or one time drop in opportunities. There are special discounts for Junior Members available. Due to the state-of-the-art equipment, exuberant real estate and spectacular facilities, these locations are popping up with excellent revenue reports and decent expansion.
How many topgolf locations are there?
There are currently 57 Topgolf locations, 53 in the United States, three in the United Kingdom, and one in Australia. There are also 12 more locations under construction, 9 in the United States and 3 in the rest of the world (1 each in Canada, Mexico and the United Arab Emirates). Each Topgolf venue features climate-controlled hitting bays ...
Why is top golf so popular?
Topgolf is so popular because it is changing the face of the traditional golf industry. It is inviting more people to enjoy the game of golf without the pressure and sometimes intimidating nature of a full course.
Why do golf franchises carry equipment?
Most Golf franchises carry copious amounts of equipment to ensure that players have everything they need for a great game. Your franchise will have specific build out and display options to secure the following items:
How much does it cost to open a Chick Fil A?
Even with its success, Chick-fil-A charges a franchise fee of just $10,000 to open a new restaurant, and the company doesn’t require candidates to meet a threshold for net worth or liquid assets. That’s cheaper than every major fast-food chain in the US.
Is Topgolf a year round facility?
TopGolf locations offer year round entertainment. Never experience numb hands, disruptive wind or rain or not being able to see your ball due to the sunshine. Enjoy your membership on a daily basis and swing by after work or school. Plan your next corporate event, birthday party or team building exercise in a facility that offers exceptional service and memorable fun.
How much does a golfer make?
How much money do golfers make? The typical full-membership PGA golfer makes $703,000 a year. The typical LGPA female golfer makes about one seventh of that, or $105,000. That’s based on 2015 numbers, and so far 2016 is shaping up to increase those earnings.
How Much Money Do Pro Golfers Make?
We’ve also listed the highest paid male golfer by official PGA money (Jordan Spieth) and all on and off-course earnings (Tiger Woods). The highest paid LPGA golfer is Lydia Ko with $2.8 million. The “typical” salaries in the table are based on medians. The median is just the salary where half of all golfers make more and half make less. It makes a lot more sense that average pro golfer salary because averages get skewed by the highest earners. Put it this way: In a group of ten people where nine have $100,000 saved and #10 is Bill Gates, the median savings is $100,000. The average is $8 billion. Median gives a much better idea how how much money golfers make.
How much money did Jordan Spieth make in 2015?
Looking at that list, Jordan Spieth is tops with $12 million. That’s the most official money earned by any PGA star in 2015. Jordan Spieth was born in 1992 and has already earned $149 million. It would take 50 typical Americans working their entire lives to make that kind of money.
How much did Lydia Ko make in 2015?
Top paid golfer Lydia Ko made $2.8 million in official LPGA money in 2015, with an estimated $750,000 in endorsement pay. That means the top paid male golfer makes 15 times more total money than the top paid female. YouTube.
Who is the highest paid golfer in the world?
The highest paid golfer in the world is still Tiger Woods. The past master earned $5 million on the course in 2015 but made a further $48 million in endorsement dollars. A very close second is current course champion Jordan Spieth. The 22 year old made just $470,000 less than Woods last year, pulling in an astonishing $23 million on the course (in both PGA and non-PGA events) and $30 million in sponsor money. Even in PGA money only, Spieth is lord of the links with $12.03 million official dollars in 2015.
Do golfers make as much money as doctors?
They don’t make quite as much as doctors but some of them make a lot more and most do pretty well. That said, without endorsement deals, golfers don’t stack up well compared to other sports stars. The table below shows that typical pro golfers come in dead last compared to players in the top four leagues.
How much should you be earning?
Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.
How much does Topgolf in the United States pay?
The average Topgolf salary ranges from approximately $19,000 per year for Busser to $105,114 per year for Infrastructure Engineer. Average Topgolf hourly pay ranges from approximately $8.59 per hour for Caddie to $20.00 per hour for Host/Hostess.
How much does it cost to start a top golf?
The average TopGolf facility costs approximately 18 million dollars to establish. Originating in the UK and now with numerous locations over the USA; the company plans to expand globally. At this time, the official website is stating that TopGolf is a privately – owned company with no current franchise opportunities. However, if you do have 10 to 20 million lying around, you may wish to pursue this sporting venture.
How much does it cost to build a Topgolf franchise?
How Much does it cost build a TopGolf Franchise? The cost of starting a TopGolf franchise varies according to the location but an on an average a TopGolf franchise costs up to $18 million dollars to build.
How many Topgolf locations are there?
There are currently 58 Topgolf locations, 53 in the United States, 3 in the United Kingdom, and one in Australia . Cost of opening one TopGolf franchise is around Us $18 million.
How much does it cost to build a drive shack?
However, opening a single Drive Shack franchise costs approx. US $30 million to build. The company currently operates 74 golf courses in 12 states and generated US $309 million in revenues in 2018.
How many square feet is Topgolf?
For example, One facility in Austin, TX was built for around $15 million while a new TopGolf that was built in Las Vegas cost over $50 million! The average TopGolf facility is 65,000 square feet and three storeys high. A single facility can accommodate over 1250 people simultaneously to have fun and relax.
Why do golf franchises carry equipment?
Most Golf franchises carry copious amounts of equipment to ensure that players have everything they need for a great game. Your franchise will have specific build out and display options to secure the following items:
Where was Topgolf first opened?
The first location of TopGolf was opened in Watford, UK in the year 2000 by twin brothers Steve and Dave Jolliffe.
Who is the highest paid golfer in the world?
The highest placed golfer is Tiger Woods with $63.9 million. $54 million of that came from endorsements. Phil Mickelson comes next and the same story is clear. Rory McIlroy, Justin Rose and Jordan Spieth were the only other golfers to feature in the top-100, which is dominated by athletes from basketball, American football and baseball.
How much did the 2019 PGA Tour players make?
For the 2019 season, 112 PGA Tour players made over $1 million whereas on the LPGA just 14 did.
What is the biggest golf tour in the world?
The PGA Tour is the biggest golf tour in the word and has huge prize funds as a result.
How many players are in the Nitto ATP Finals?
Also the season-ending Nitto ATP Finals features just eight players in the singles draw and they all get paid handsomely provided they qualify.
How much does a boxer earn in 2019?
Out of the top-8, six have salaries that completely dwarf their endorsements. Boxer Saul Canelo Alvarez for example earned $94 million in 2019, with only $2 million coming endorsements. So where do golfers fit in? The highest placed golfer is Tiger Woods with $63.9 million. $54 million of that came from endorsements.
Why did Sam start playing golf?
A golfer for most of his life, Sam started playing the game to prove he was the best player out of his father and two brothers.
How much money did the DP World Tour winner take home?
Indeed the season-ending DP World Tour Championship hosted in Dubai had the biggest first prize cheque in golf last year with the winner taking home $3 million. Additionally the European Tour has a season long competition called the Race to Dubai which pays $5 million out to the top-5 finishers in the overall standings.
Who is the most highly paid golf executive?
PGA Tour Commissioner. The most highly-paid golf executive, by far, is PGA Tour Commissioner Tim Finchem. Finchem, who has had the job since 1994, signed a 4-year contract extension in 2012. While his salary wasn’t disclosed, “Golf Digest” reported in 2011 that Finchem received more than $5.1 million in compensation in 2009.
How much do PGA pros make?
Additionally, PGA club pros can earn extra money playing in local tournaments. Head pros typically earn from $65,000 to $75,000 per year, and assistant pros about $40,000 annually, according to Ohio State University.
How much did Tim Finchem make in 2009?
PGA Tour commissioner Tim Finchem reportedly made more than $5 million in 2009. Golf is a lucrative industry in which the top earners are the best and most well-known players. Professional golfers with the highest incomes earn most of their money via endorsements.
How much did the PGA make in 2009?
In addition to Finchem, five other PGA Tour executives earned more than $1 million in 2009, according to “Golf Digest,” led by co-chief operating officers Ed Moorhouse and Charles Zink, who each earned more than $1.5 million. Sixteen other PGA Tour officials made at least $312,000.
Who won the most money on the 2011 PGA Tour?
Luke Donald won more money on the golf course than any PGA Tour player in 2011, earning almost $6.7 million. The median income of the tour’s money-winners in 2011 was $628,000, according to tour statistics. But in total compensation, including endorsements, Tiger Woods led the way with $62.3 in earnings, according to “Sports Illustrated,” followed by Phil Mickelson at $61.1 million. Among LPGA players, Yani Tseng earned more than $2.9 million in 2011 tour events, while the median golfer took home about $97,000. Women earn far less in endorsements than the top men. Paula Creamer topped the list among active players in 2011 with $4.5 million in off-course earnings, according to “Golf Digest.”
How much did Yani Tseng make in 2011?
Among LPGA players, Yani Tseng earned more than $2.9 million in 2011 tour events, while the median golfer took home about $97,000. Women earn far less in endorsements than the top men. Paula Creamer topped the list among active players in 2011 with $4.5 million in off-course earnings, according to “Golf Digest.”.
