Golf-FAQ.com

how much does top golf make

by Logan Cassin Published 2 years ago Updated 1 year ago
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Topgolf generated approximately $1.1 billion in revenue in 2019 and has grown at a 30% compound annual rate since 2017.Oct 27, 2020

Full Answer

Does Topgolf charge per person?

Enjoy unlimited Topgolf game play for only $15 per person* from Open – noon, every Monday through Friday. You heard that right, you can hit unlimited golf balls in the morning for just $15 per person. That’s more swings and more savings. This gives you the flexibility to purchase the unlimited per person price, or the hourly bay rate.

How much does Topgolf pay in Texas?

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 3.6/5 stars.

Does Topgolf require membership?

To play Topgolf you have to purchase a one-time cost of $5 for a Lifetime Membership card. This also includes free club rentals. over a year ago Reviewed this attraction RedTop84 Atlanta 0 Votes Yes over a year ago Reviewed this attraction blondbeac... 0 Votes

What are the prices at Topgolf?

Prices are per hour, per bay. Each bay accommodates up to 6 players. Prices do not include tax. Open-12PM $30 /hr per bay. 12PM-5PM $40 /hr per bay. 5PM-CLOSE $50 ... Topgolf Entertainment Group is a technology-enabled global sports and entertainment community that connects people in meaningful ways through the experiences we create, the ...

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How much do you make owning a Topgolf?

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 drink, and the other half is made from customers paying for a Topgolf bay, for which they pay $30–$50 an hour.

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.

Who owns Topgolf franchise?

Callaway Golf CompanyTopgolfTrade nameTopgolf Entertainment GroupKey peopleErik Anderson (Executive chairman) Artie Starrs (CEO)BrandsTopgolfParentCallaway Golf CompanyDivisionsTopgolf Swing Suite Toptracer Global10 more rows

How much land is needed 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.

What franchise makes the most money?

According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.

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.

How much did Topgolf sell?

$2 billionThe financial report is Callaway's first that reflects a full fiscal quarter of Topgolf revenue. The companies announced the deal in October 2020, and Topgolf's merger with Callaway was completed on March 8. The deal valued Topgolf at nearly $2 billion.

Who is Topgolf competitor?

TopGolf's top competitors include Salamander Innisbrook, Diamond Resorts, GameGolf and The Trump Organization. Topgolf is a golf entertainment venue.

Who is the CEO of Topgolf?

Artie Starrs (Apr 5, 2021–)Topgolf / CEOArthur (Artie) Starrs serves as Chief Executive Officer for Topgolf Entertainment Group where he is responsible for the company's overall vision and continued growth as one of the premiere sports entertainment companies in the world, fueled by parent company Callaway Golf.

Who builds Topgolf?

Supporting this consistent growth, ARCO/Murray Construction Company has provided design/build services for U.S. Topgolf locations since 2006. Partnering with its client and with Aria Group Architects, Inc., ARCO/Murray has helped create at least 60 Topgolf entertainment destinations with more planned.

Where is the smallest Topgolf?

Kirkland, Wash.This week, Topgolf debuted its first small-footprint location at a facility in Kirkland, Wash., just outside of Seattle. The facility looks nothing like the 105,000-square-foot behemoth you've come to recognize, instead existing in a 9,200-square-foot space within a larger building.

Are Topgolf locations franchises?

Topgolf is growing its global footprint by expanding its international franchise partnerships. Guests will soon be able to enjoy new franchised Topgolf venues slated to open in 2020 and beyond.

How much does it cost to open a Chick Fil A?

While operating a Chick-fil-A restaurant requires a relatively modest $10,000 initial financial commitment ($15,000 CAD in Canada), it requires a holistic commitment to own and operate the business in a hands-on manner. We are in the restaurant industry - the quick-service restaurant industry, at that.

How much does it cost to open a drive shack?

Each Drive Shack location costs about $30 million to build. The company said it has identified 30 sites it would like to develop, with the goal of building 5 to 10 new locations annually starting in 2020.

Who is Topgolf competitor?

TopGolf's top competitors include Salamander Innisbrook, Diamond Resorts, GameGolf and The Trump Organization. Topgolf is a golf entertainment venue.

Who builds Topgolf?

Supporting this consistent growth, ARCO/Murray Construction Company has provided design/build services for U.S. Topgolf locations since 2006. Partnering with its client and with Aria Group Architects, Inc., ARCO/Murray has helped create at least 60 Topgolf entertainment destinations with more planned.

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 Topgolf pay?

The average Topgolf salary ranges from approximately $24,458 per year for a Dishwasher to $118,067 per year for a Director. The average Topgolf hou...

What is the highest salary at Topgolf?

The highest-paying job at Topgolf is a Director with a salary of $118,067 per year.

What is the lowest salary at Topgolf?

The lowest-paying job at Topgolf is a Dishwasher with a salary of $24,458 per year.

Are Topgolf employees satisfied with their compensation?

Topgolf employees attributed a compensation and benefits rating of 3.5/5 stars to their company. Read what they think about their salaries on our C...

How Much Does Topgolf Pay?

The national average salary for an employee at Topgolf is $34,243 per year, or $16.46 an hour. If you are in the top 10th percent of earners, you can expect to make an average salary over $67,000 a year, but if you're in the bottom 10 percent of earners, your salary could be less than $17,000 a year. Show More

Highest Paying Jobs At Topgolf

While the average employee salary at Topgolf is $34,243, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Topgolf include Marketing Lead, Director Of Instruction, Team Leader, and Sales Consultant. A typical Marketing Lead salary at Topgolf is $108,396 per year.

Average Topgolf Salaries By Locations

It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. At Topgolf, the employees are paid different salaries depending on their location. The city with the highest average salary is San Francisco, CA, where employees earn an average salary of $44,215.

Average Topgolf Salaries By Department

Our data shows that different departments at Topgolf pay different salaries. Employees in Marketing roles earn the highest wages at Topgolf, with an average salary of $57,681. The second-highest paying department is Education, where employees earn an average salary of $57,382 per year.

Highest Paying Topgolf Competitor Salaries

Based on our research, similar companies to Topgolf are Arizona Broadway Theatre, Studio Movie Grill, and Lemongrass. The average salaries at Arizona Broadway Theatre rank the highest, with their employees earning an average salary of $51,433 per year.

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