Full Answer
Are mini golf courses profitable?
There are many good reasons why mini golf courses tend to be more successful and profitable than other businesses. In general terms, mini golf courses have a broad appeal and can be enjoyed by people of all ages and abilities.
How long does it take to pay for a mini golf course?
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. Why?
How many people play miniature golf each year?
A figure exceeding 130 million people of all age groups are playing miniature golf every year, with an excess of $1 billion in industry revenues annually. What Our Owners Say? "The people at Harris were efficient, effective and flexible.
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.
Can you make money playing mini golf?
Mini golf courses tend to be profitable businesses—and sometimes very lucrative—because of their business model. But you can't rely on a business model to ensure that your mini golf course will also be a success.
Is it profitable to own a golf course?
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 do you become a pro at mini golf?
1:332:54How to Become a Miniature Golf Master - YouTubeYouTubeStart of suggested clipEnd of suggested clipArea. So find the position that gives you the best angle look for direct routes that skip the waterMoreArea. So 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.
What is the hardest mini golf course?
Fantasia FairwaysFantasia Fairways was voted the longest and most challenging mini golf course in the world by Golf Digest. Par is 72 for the fairways course. Confirmed by Walt Disney World, the record for the fairways course is 50 (22 under par) and was shot by Bubba Watson.
What is the most profitable business?
Here's our list of the most profitable small businesses:Food trucks. ... Car wash services. ... Auto repair. ... Personal trainers. ... Newborn and post-pregnancy services.
How much money can you make owning a golf course?
Golf Course Owners make between $30,000 to several hundred thousand dollars per year. However, golf course owners sometimes will lose money if the course has a bad year. Overall, the golf course industry is very volatile, and there is no guarantee that money will be made.
Why is mini golf so hard?
Mini-golf courses require that a player tackles a series of obstacles to complete the course. Many people do not realize that it takes a lot of focus and strategy to hit the ball into the hole without moving the windmill it hitting the planks.
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 dominate at mini golf?
Here are some entertaining tips to make sure you win on the course at your next mini golf outing.Choose your putter. ... Get a lay of the land. ... Play with finesse, not power. ... Play the angles. ... The Mental Game Is Key. ... Improve your position. ... Keep the rules to yourself. ... Don't focus on the negative.
What city has the most mini golf?
Myrtle Beach, S.C., which claims to have more miniature golf courses than any other city, is home to Hawaiian Rumble. The course hosts the annual Masters of Miniature Golf.
What countries is mini golf popular in?
These countries include the United States, Japan, China, India and Taiwan. A national minigolf federation exists also in Moldova, Mexico, Australia and New Zealand, but none of these countries has ever participated in international competitions, and probably are not arranging many domestic competitions either.
What is the largest mini golf course?
For miniature golf aficionados, it's Chuckster's Family Fun Park, a modest amusement facility on Route 4 in this small town, just minutes from Concord.Chuckster's is where you will find the longest miniature golf hole in the world. ... Perhaps most significantly, the 201-foot hole sits on a slope.More items...•
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 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, ...
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 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.
Step 1: Write your Business Plan
After coming up with the idea, the next step in starting your mini golf course should be to write a business plan. The business plan will make you focus on some important aspects of the business, such as who your customers are, how you plan to reach them, projecting sales and expenses, your value proposition to use for marketing, and more.
Step 2: Name the Business
Finding the perfect mini golf course name can be challenging. Not only does the name have to reflect what you do and be appealing to customers, but it also has to be available to use. You can check your state’s website to see if the name is available and register your name.
Step 3: Form a Legal Entity
A legal entity refers to how a business is legally organized to operate. There are four primary business entities to choose from, which include a sole proprietorship, partnership, corporation, and Limited Liability Company (LLC). Each type of entity has its own pros and cons, such as liability exposure, costs, and administrative requirements.
Step 4: Select your Location
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.
Step 5: Apply for Business Licenses and Permits
Some cities require the licensing of places of amusement, which a mini golf course falls under.
Step 6: Find Financing
Coming up with a good business idea and having the skills to run it are one thing but getting the funding to start a mini golf course is another. In order to get a loan, the borrower (s) will need to have good credit and be able to invest 15-25% of their money towards the total start-up costs.
Step 7: Open a Business Bank Account
Keeping your business and personal finances in separate business bank and credit card accounts makes it easier to track the income and expenses of the business.
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."
The Harris Guarantee
At Harris, we always provide our clients with the full extent of our talents. We believe in the little things that will make all the difference between a job well done and a job remarkably done. The courses we build not only meet, but surpass customers’ expectations. We complete our projects on budget and on time.
Jump-Start Your Existing Business
Turn your restaurant, driving range, amusement park, ice cream stand, or other businesses into a money generating machine with a miniature golf course by Harris. Countless of our clients announced that generated earnings by their new miniature golf courses far exceed any other sales.
More Is Better: The Case for 36 Holes
With two 18-hole mini golf courses, it is the key to boost returning business and profitability for your facility. Not only do two golf courses produce more challenges and choices for golf lovers, they provide the space to welcome bigger crowds on weekends and summer evenings.
