How to build a mini golf course business?
Put up billboards in strategic locations in order to draw attention to your mini golf business. Place adverts in local newspapers and magazines as well as on radio ad television stations. Distribute handbills and fliers in various strategic locations so as …
How do you make a mini golf course?
Jan 27, 2021 · STEP 2: Form a legal entity. 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.
How to build a homemade mini golf course?
Sep 26, 2017 · An indoor course gives you the advantage of staying open all year, although you lose the curb appeal an outdoor course offers. For an outdoor course, you need about .5 acres of land, according to Premier Amusement Developers, a miniature golf construction company. The company suggests a minimum of 2,500 square feet of space to build an indoor ...
How popular is mini golf?
Nov 27, 2018 · If you want to know how to start a miniature golf business, here are our 5 top steps: Research your business and create a business plan; Obtain necessary permits, insurances and licences; Invest in the best possible equipment and employees you can afford; Promote your miniature golf business; Stay on top of your finances and try to make good progress
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...
Is mini golf a global business?
The mini golf business can be described a global success and this is because it is a social activity where people regardless of culture can participate in. Mini golf courses can be found in nearly all global regions – North America, South America, Central America, Europe, Asia, Australia and the Middle East.
Why is it important to choose a location for a mini golf course?
The location you intend to choose for your mini golf course is very important as this could make the difference between the growth and failure of the business. This is why it is advised that you conduct a thorough research regarding the business before starting it so that you do not end up running a business that will drain your resources.
How long have mini golf courses been around?
Mini golf courses have been in existence for about a hundred years and it is an American form of entertainment that has remained viable ever since. Mini golf courses are regarded as one of the few American cultural icons left and can be found in cities, suburbs, and even rural towns across the country.
Is mini golf a fragmented industry?
The mini golf business industry is a fragmented one as there are no major players with a dominating influence over the industry. This is largely due to the fact that most of the mini golf owners in the industry are found in a single location as only one or two owners have multiple locations all around the country.
Why is location important in mini golf?
In running a mini golf business, location is very important as it can help keep you in competition. This means that customers do not want to drive or travel too far before they are able to enjoy the social activity that a mini golf provides especially with the many alternative entertainment options available.
When did mini golf start?
The mini golf course business began to take shape in the 1950s and boomed until the 90s when its popularity began to slow down due to technology being built for home use as most customers especially kids now prefer to engage in interactive pastimes.
Is mini golf declining?
Businesses in the United States that focused solely on mini-golf have experienced a decline in revenue in recent years which is why many have begun diversifying to include other features such as a game arcade or video arcade that has served to attract a lot of individuals to the mini golf courses.
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.
Why do businesses need insurance?
Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss. There are several types of insurance policies created for different types of businesses with different risks.
What is net 30?
The term "net-30," which is popular among vendors, refers to a business credit arrangement where the company pays the vendor within 30 days of receiving goods or services. Net-30 credit terms are often used for businesses that need to obtain inventory quickly but do not have the cash on hand.
Is it hard to build a mini golf course?
Building a mini golf course business is not as difficult as you might think. To start with, contracting a turnkey company like Mini Golf Creations to design, build and deliver a ‘ready-to-play’ course can make life a whole lot easier. However, before embarking on any new business venture, it’s very important to do your research to ensure your ...
What does it mean to know your market?
Knowing your market means understanding who your average customer is: their interests, needs, desires, etc. This may mean conducting market research, or simply thinking about how to attract your target market.
What is the motto of a mini golf course?
The old real estate motto, ‘Location, location, location!’ also applies to building a mini golf course business. Choosing the right location can be a huge factor in determining your success.
What to consider before building a mini golf course?
Another important factor to consider before building a mini golf course business is how much you can charge for tickets. This can determine how many people you attract, what kind of people, as well as how quickly you recoup your costs and make a profit.
Determine Market
Determine who will play at your course. For instance, your primary customers may be tourists if you want to build in a popular destination. Talk to your local chamber of commerce to get statistics on how many tourists come to your area each year to get a feel for the potential market.
Choose Property
Decide whether you want to build an indoor or outdoor course before looking for a suitable property. Cold or rainy weather limits you to making money in warm weather only if you choose to build an outdoor course. An indoor course gives you the advantage of staying open all year, although you lose the curb appeal an outdoor course offers.
Build the Course
Hire a landscaper or architect experienced in designing golf courses to draw the course and features. Work closely with the designer to explain your ideas for the layout, which should include banking, sand traps and water features to make the game more challenging.
Hire Employees
Staff your course with at least one person to sell tickets and handle any minor problems that occur during slow times. Hire an extra person or two to handle larger crowds and provide cleanup during peak times, such as on weekends. If you sell food, hire people to take orders and cook the food.
Sell Tickets
Provide fliers to other businesses, such as motels and restaurants, if you want your course to appeal to tourists. To attract locals, hold a big grand opening event and invite the press to review the course for free.
Is mini golf profitable?
Operating a mini-golf business is an extremely fun and very profitable enterprise. Compared to a traditional golf-course, mini-golf offers cheaper startup and operation costs, as well as more consistent and varied clientele. One of the greatest challenges of running a traditional golf course is its management.
How much does mini golf cost?
The reason why is that mini-golf is virtually recession proof. The average 18-hole game costs about 5$ so it’s one of the cheapest forms of entertainment.
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 ...
Is mini golf recession proof?
The reason why is that mini-golf is virtually recession proof.
Is it cheap to run a mini golf course?
Despite the rather high startup costs, maintaining a mini-golf course is relatively cheap. The main thing that will cost you (besides employees) is the maintenance and upkeep of the course itself. The larger and more extravagant your course, the more it will take for upkeep.
How much does it cost to maintain a mini golf course?
Overall, maintenance costs for running a mini-golf course can vary but mostly fall in the $40,000-$70,000 range annually. Now let’s talk about revenue.
When is mini golf season?
Mini-golf typically has an on season during the warmer spring and summer months and an offseason during the fall and winter. Zooming in even further, mini-golf attendance shows clear peaks and valleys during each individual week, typically being higher during evenings and weekends and slower during weekdays.
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.
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.
Does Golf USA have a franchise?
Through their worldwide network of stores, Golf USA continues to lead the way in golf franchising and retail sales. Their golf franchise system offers qualified entrepreneurs the opportunity to own and operate their own golf specialty store while capitalizing on the benefits of an international network.
What is golf analytics fitness?
Golf Analytics Fitness is a state-of-the-art Golf Center with advanced Golf Technology and Indoor Golf Simulator complete with a High Definition Championship Golf Simulator, the most advanced in the market today.
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.
What is the fastest growing golf franchise in America?
Golfers can practice their skills on the stores’ practice putting greens and the indoor hitting and driving area. Golf Etc. of America, Inc. is the fastest-growing golf retail franchise in America, with more new store openings than any other golf retail franchise.
