Is a mini golf course a good investment?
With the right design and construction, and a solid business plan, a mini golf course can be a very lucrative investment. Many courses pay for themselves within 1-3 years. Mini golf profits are widely recognised as being more lucrative than other similar attractions, such as go-cart racing, paintball games, and rock climbing.
How to estimate the revenue of a mini golf business?
If you have a pretty clear idea of the size and scope of your business, you can use or Mini Golf Creations revenue calculator. This will give you an estimate of your weekly, monthly and yearly revenue. You can use these results to work out how profitable your proposed mini golf business will be.
How much should I charge for a round of mini golf?
Average Price Per Roundthis is the average price you will charge customers to play a round of mini golf. So, for example, if you charge $20 for adults and $10 for children/students/pensioners, your average price per round will be $15.
How many people play mini golf each year?
More than 130 million people play miniature golf every year with industry revenues in excess of $1 billion annually. From small children to senior citizens, mini golf appeals to players of all ages. What’s more, it’s a fun business to operate. More Time To Do What You Want
Is Putt Putt a good investment?
While it's great to be passionate about a new business idea, businesses can't survive on passion alone. As is well documented, most new businesses fail within the first few years. However, a mini golf course can be a very safe and lucrative business investment.
How do you calculate mini golf?
In mini golf, the goal is to get your ball in the hole in as few strokes as possible, which makes keeping score pretty straightforward. Simply count how many shots it takes you to get your ball in the hole.
How do you become a pro at mini golf?
1:342:54How to Become a Miniature Golf Master - YouTubeYouTubeStart of suggested clipEnd of suggested clipSo find the position that gives you the best angle look for direct routes that skip the waterMoreSo find the position that gives you the best angle look for direct routes that skip the water hazards and moving obstacles and consider bank shots off barriers.
How big should a mini golf hole be?
The average length of each hole is 30-45 feet and average width is 2.5-3 feet.
What are fails in mini golf?
fails, a number. reach, which is in inches. played golf, a number of years. Rob's opinion, a phrase or sentence attributed to co-host Rob Riggle.
How long is a game of mini golf?
Miniature golf takes about 30-45 minutes to complete a round of eighteen holes. The amount of time it takes to complete your round will be affected by the number of people in your group. Some mini golf courses are longer than others.
Is Mini Golf hard?
Mini-golf is not a hard sport to learn. Some challenges include learning how to hit the ball, how to maneuver around the obstacles and at what angle to hold the club. Once these basics are figured out, playing is about having fun and improving your skills.
How do you cheat on mini golf king?
Mini Golf King Tips, Cheats & Hints: How to Win DuelsCollect The Gems. As you play Mini Golf King, you will notice colored gems scattered throughout the course. ... Open Those Chests. The gave gives you a maximum of four chest slots. ... Don't Neglect The Old Gear. ... Check The Wind Direction. ... Make Trick Shot In The Bunkers.
How do you know who goes first in mini golf?
5. After members of party reach putting green, the one nearest the hole will putt first and continue to putt until ball is in cup.
How many holes does a mini golf course have?
28Miniature Golf Courses: They don't look pretty but do serve a purpose. These types of course are also the most commonly used for competition level mini golf. They are constructed mainly of fibre reinforced cement and there are 28 standard hole designs that can be chosen from for a course.
How long does mini golf 36 holes take?
approximately 60 to 75 minutesIt varies, depending on the size of the group and the age of the players.It takes approximately 30 to 45 minutes to play 18 holes and approximately 60 to 75 minutes to play 36 holes if you play each hole properly.
How large is the average golf course?
At 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 are the costs involved in opening a miniature golf course?
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...
What are the ongoing expenses for a miniature golf course?
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...
Who is the target market?
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...
How much can you charge customers?
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...
How much profit can a miniature golf course make?
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...
How can you make your business more profitable?
In order to maximize profitability, be sure to have an advertising presence in logical areas for potential customers, including schools, churches,...
Is this Business Right For You?
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...
What happens during a typical day at a miniature golf course?
The daily activities for a mini-golf business are pretty simple. You will be talking to customers, taking their payment, providing them with equipm...
What are some skills and experiences that will help you build a successful miniature golf course?
Prior experience working at a mini-golf business or other type of recreational center can be helpful to in starting this business. Similarly, being...
What is the growth potential for a miniature golf course?
The exact growth potential of a mini-golf business varies by area. Nationally, businesses that focus purely on mini-golf have experienced a decline...
How to maximize profitability of mini golf?
In order to maximize profitability, be sure to have an advertising presence in logical areas for potential customers, including schools, churches, and local entertainment centers . Try to stay open as many days as possible—major holidays often prove to be big business for mini-golf courses, as people have time off from work and school and are happy to come out and play. Finally, be sure to have a social media presence that heavily features pictures of actual customers and their testimonials, as this will establish the legitimacy of your business within the community.
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.
How much does it cost to play 18 holes?
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 competitive alternative to the increasingly pricey activities going out to movies, restaurants, etc.
What happens when you mix your personal and business accounts?
When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. In business law, this is referred to as piercing your corporate veil.
Is mini golf a business?
The exact growth potential of a mini-golf business varies by area. Nationally, businesses that focus purely on mini-golf have experienced a decline in recent years; however, businesses that have diversified their offerings by including features such as a video arcade typically do quite well, and the affordability of this as an entertainment option remains highly attractive to local residents in many cities.
Can you lease a mini golf course?
Before leasing, confirm that your landlord has or can obtain a valid CO that is applicable to a mini golf course.
What is the most difficult part of golf?
For many years, people have enjoyed the game of golf. One of the most difficult and exciting aspects of golf is the putting game. Putting challenges the golfer’s ability to control the speed and accuracy of the ball. As putting grew in popularity, the miniature golf business was developed. Many of the first miniature golf courses were flat and were only concerned with the skill part of the putting game. Amusement Constructions’ miniature golf courses, though, are based not only on skill, but also the entertainment of all ages. Using custom themes, waterfalls, water fountains and streams, landscaping, caves, fiberglass animals, and wooden structures, Amusement Construction can create a PGA style, skilled miniature golf course that will entertain as well as challenge the customers.
How long does it take to play one hole?
Average time for a group of four players to play one hole: 2 minutes 20 seconds
Is an indoor golf course open year round?
An indoor course can also be open year-round so the revenue potential could be larger. But, if your location is poor, then you will have an income at the low end of the table. Secondly, the management you choose, and the condition of the course can heavily affect the number of customers you have.
Can you manage miniature golf course yourself?
Obviously, theft and maintenance will be much less of a problem if you manage the course yourself. But, since miniature golf requires very little supervision and personnel, it is extremely well-suited for absentee ownership. Thus, your choice of management can be critical.
How to make a mini golf course profitable?
There are steps you can take to make sure your business will be profitable. 1. Get the design right. Getting a professionally designed mini golf course that looks amazing and plays superbly is a huge part of making sure your business is a success. ...
Why are mini golf courses so popular?
In general terms, mini golf courses have a broad appeal and can be enjoyed by people of all ages and abilities. Whereas other attractions—such as go cart racing, arcades, water slides, paintball games, ...
What is the best way to run a business?
attract all age groups. are cheap to run – low staffing needs of 1 or 2 people. have cheap equipment cost (putters and balls) provide large profit margins. give high return on investment (ROI) pay themselves off quickly (often in 1-3 years) require low liability insurance. are a fun business to run.
Can mini golf courses be successful?
In other words, if your mini golf course is memorable (for all the right reasons) it is more likely to be successful. Mini Golf Creations can design a professional mini golf course to suit your needs. Contact us to discuss your course. 2. Get a quality course built by professionals.
Is it a good idea to start a mini golf business?
It’s never a good idea to go into a new business blindly. A big part of creating a profitable mini golf business is to research the industry, market and local area. For example, you don’t want to open a mini golf course right down the road from a competing business.
Is mini golf a good investment?
However, a mini golf course can be a very safe and lucrative business investment. Below we’ll explore why miniature golf courses are profitable and how you can make sure yours is a profitable exercise.
What Our Owners Say?
"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."
Revenue Calculator
Use the interactive revenue calculator below to estimate how much money you can make operating a mini golf course.
What is Monster Mini Golf?
Monster Mini Golf franchisees have discovered the joys of running a dynamic business opportunity that combines fun, excitement and creativity. They give their customers access to an indoor 18 Hole Glow-in-the-Dark miniature golf course.
How long has Pro Golf been in business?
As the oldest and largest golf only retail franchise network in the world, Pro Golf has been in the golf business since 1962. With locations worldwide, their store owners are recognized throughout the golf industry as successful and respected leaders in the golf retail business.
How many holes has the LTS leaderboard scored?
LTS LeaderBoard has scored more than 4.2 million holes of golf since 1995 at a wide variety of events ranging from member tournaments to PGA, LPGA and Champions Tour pro-am events.
How does golf improve your physical health?
Golfing improves physical, mental and cognitive skills of the player regardless of if he or she were an adult or a child . According to the National Golf Foundation, the number of committed golfers, as well as beginning golfers and those who are interested in taking up the game has remained strong, and is even increasing.
What is X golf?
X-Golf is a relatively new Indoor Golf Center and bar concept that offers a unique user experience for both the die-hard golfer and the everyday amateur. XGOLF was founded in 2005, and since then over 3,000 systems have been sold worldwide, providing golf enthusiasts with a unique experience that emphasizes innovation coupled with honesty and integrity.
When was Golf Etc founded?
Golf Etc. of America was founded in 1992 as a national golf consulting and construction company, but it changed its focus in 1996 to become golf retail shops. These stores provide custom-fitted golf clubs and club repair services. Golfers can practice their skills on the stores’ practice putting greens and the indoor hitting and driving area.
Where is Million Dollar Hole in One located?
‘MDHIO’ was initially based in Fort Lauderdale, Florida , and the company’s head office remained there for 10 years before moving to its current location in Palm Harbor, Florida, home to some of the world’s finest golf courses.
How does the utilization of a miniature golf course determine success?
The largest variable that determines the level of success in a miniature golf operation is the percent utilization of the golf course during the season. As the marketing plan points out, there are clearly defined peaks and valleys of activity during a typical week. Evenings and weekends tend to produce very high utilization, even full utilization for much of this time. On the other hand, weekday hours (between 10 am and 4 pm) tend to have lower utilization. On average over the full season, most facilities (with a direct population base of 40,000 to 60,000) experience a utilization of approximately 35%. Sammy’s is fortunate to have a population base of over 150,000 within a 15 mile radius (based on the 2000 US Census). In spite of that, we have used rather conservative estimates of utilization (about 20%) in deriving our projected revenues. But it is worthy to note that if our course utilization were only 10% (half of the 20% projection), we would still break even. This huge margin of error should satisfy even the most skeptical reader.
How many golf courses has Mulligan-Bogey built?
The numbers have been verified by Mulligan-Bogey Leisure Builders. Mulligan-Bogey has built over 400 successful courses in the last ten years and they are well aware of the revenues of their courses.
What is the easiest way to create graphs for a business plan?
We recommend using LivePlan as the easiest way to create graphs for your own business plan.
What is the NAICS code for amusement and recreation?
The final column, Industry Profile, details specific ratios based on the industry as it is classified by the NAICS code 713990.
Is miniature golf successful in rural America?
The expanding network of new concept miniature golf courses is finding success in rural America. Locations near rural arterials are performing well across the nation.
What is the target market for mini golf?
The target market demographics include mini golf lovers, particularly families with children and tourists.
What is the best way to market a mini golf course?
Common marketing techniques for a mini golf course include social media marketing and online advertising. Developing a website can be a significant expense, but it can also give your mini golf course greater visibility online.
What is a mini golf course?
A mini golf course (also called putt-putt) provides the course and equipment for customers to play rounds of mini golf. Some also offer other activities, such as arcade games or batting cages, as well as a snack bar.
What do you need to make money on a golf course?
You need a location that is convenient and has high traffic for visibility . Additionally, locating a course close to other family attractions or fun centers such as batting cage, go kart track, video arcade, etc., can help generate more income.
How to get the most accurate idea of what to budget for insurance?
Insurance policies will vary. To get the most accurate idea of what to budget for insurance, request quotes from multiple providers. When comparing the quotes, consider not only the premiums but also how the plan exclusions, coverage limitations, and deductibles compare.
Is mini golf a recreational activity?
Mini golf has been a popular recreational activity for people of all ages for a long time. Almost all of us have played at some point in our lives. If you are a mini golf lover, you could have fun and make money by opening your own mini golf course.
Is it risky to start a mini golf course?
It takes a significant amount of capital to start a mini golf course, so there will be a high level of risk and no guarantee of success.
How much land does it take to build a mini golf course?
Luckily, it only takes about three-fourths of an acre to hold a full sized 18-hole mini-golf course. The higher price for land in denser urban areas is made up for by the fact that such locations typically have more potential customers.
How many people play mini golf?
It is estimated that every year over 130 million people play mini-golf, generating a total annual revenue of over $1 billion for course owners. Mini-golf is a lucrative business because it has great potential for growth ...
How many holes are there in a golf course?
If you want to make a larger golf course, then you will have to shell out more money. Most common courses are 18-holes but many places offer more than one 18-hole course or a single large 36-hole course.
What is the biggest variable in start up costs?
The biggest variable in start-up costs is the price of the land, which can differ drastically depending on the state. In more rural areas, you may be able to find more land for a cheap while in denser urban areas land prices may be much higher.
Why is mini golf so lucrative?
Mini-golf is a lucrative business because it has great potential for growth and staying power. Those who are thinking of starting a mini-golf business are bound to have questions such as: what is the cost of building a mini-golf course? How do you go about building a mini-golf course and starting your own mini-golf business? Luckily, we are here to help you answer those difficult questions. This guide will give you all the basic info you need to start building your own mini-golf business.
How much does an 18 hole game cost?
The average 18-hole game costs about 5$ so it’s one of the cheapest forms of entertainment. You also are going to have to shell out not only for the course itself, but things like food stands, arcade games, and any other forms of entertainment you want to have.
What are some examples of features and costs to take into account when building a course?
Some examples of features and costs to take into account when building a course include: Water systems like streams, ponds, pumps, and drainage ditches. Water hazards are a popular addition to mini-golf courses. Elevation changes. A flat course is a boring course, some dips and dives add to the experience.
