Who owns Topgolf in the US?
The U.S. licensee, with WestRiver Group as the lead investor, brought Topgolf to the U.S. in 2005 with the opening of Topgolf Alexandria. WestRiver Group was founded and is run by Erik Anderson, Executive Chairman of Topgolf International, Inc., dba Topgolf Entertainment Group (TEG).
What is an insurance quote for golf courses?
An insurance quote is a package put together by an insurance company made up of a price and the coverage options they’re offering. It’s based on your golf course’s size, location, and risks, such as whether or not you serve alcohol. A quote may be highly customized, or “out of the box,” based on the general needs of a golf course.
Does travelers offer insurance for golf courses?
Offering a complete set of coverages for the golf industry, Travelers offers coverages for golf shops, range operations, par 3's, executive courses. Our Eagle 3 SM program offers specific coverages for semi-private and private golf facilities, endorsed by the PGA TOUR.
Why choose Topgolf?
Paired with an outstanding food and beverage menu, climate-controlled hitting bays and music, every Topgolf has an energetic hum that you can feel right when you walk through the door. What health and safety measures are you implementing? At Topgolf, safety has been and remains our #1 priority.
How far is the fence on Topgolf?
215 yards awayHow far is the Topgolf fence? It's 215 yards away, and that's as far as you can hit it without trying to go over the fence, which you're asked not to do.
Is Topgolf open year around?
The Topgolf venue in El Segundo is an open-air, three-level venue that features 102 outdoor hitting bays, a restaurant and sports bar offering chef-inspired menu items, top-shelf drinks, music and year-round programming for all ages.
Is Topgolf heated in the winter?
Unless it's an extreme weather event, nothing can stop a good time at Topgolf, not even rain or snow. Our venues are all-weather facilities with covered hitting bays that are fitted with fans for the summer and heaters for the winter.
How much is a bay at Topgolf?
How Much Is A Bay At TopGolf? A bay at TopGolf will vary in price from $30 an hour per bay to close to $90 an hour. Pricing will change based on location, the Climate-controlled hitting bays you rent, and the time of day you visit the Topgolf location.
6 Risks for Golf Courses and Country Clubs
We explore Top Risks for Golf Courses and Country Clubs and offer Quick Tips and things to consider to help navigate these risks.
Lightning Safety Outdoors
As many golfers and other outdoors enthusiasts can attest, thunderstorms can often strike with little to no warning, especially during the warmer months of the year.
Coverage For the Golf & Hospitality Industry
If you run a golf course or country club, you take time to make sure the clubhouse is clean, the fairways are perfectly trimmed and the greens are well-manicured. Why? Because you know running a successful course is all about the details. VGM Insurance sweats the details, too.
Who Should Get Golf & Country Club Insurance?
Our program is available to a diverse range of clubs and golf courses in all 50 states. Check out the full list of our clients below:
Golf & Country Club Coverage Options
When you work with VGM Insurance, you have access to all lines of coverage for your club through our portfolio of carrier partners. Our goal is to make sure your course is covered from the clubhouse, to the 18 th hole, and everything in between. Our coverage options include:
Does Topgolf require masks?
With this in mind, Topgolf no longer requires Guests or fully vaccinated Topgolf Associates to wear a mask in our venues, except where required by state or local laws or regulations. An outdoor and spacious experience for all Guests with 11 feet from tee to tee.
Is Topgolf responsible for lost items?
Players must stay behind the yellow line at all times. Please take extra care when playing from upstairs bays. Topgolf is not responsible for lost or stolen items. Thank you for being courteous and respectful to all Guests & Associates while enjoying your time at Topgolf.
What is golf course insurance?
Golf course insurance is a type of business insurance specially designed to cover the needs of a golf course. As with all business insurance, that means it’s a blend of several different types of coverage.
What type of insurance is required for a golf course?
Here are the most common types of insurance that may be included in a golf course insurance policy: General liability: Covers legal expenses in case of a lawsuit. Liquor liability: Covers legal expenses specifically related to serving alcohol, like drunk driving cases. Directors and officers insurance ...
How much did commercial insurance lose in 2017?
Incurred losses for commercial insurance in the United States from 2012 to 2017 (in billion U.S. dollars) Businesses incurred losses of over 137 billion dollars in 2017 to physical damage, legal costs and more. Luckily business insurance was there to pick up the tab for them.
What factors affect the cost of golf course insurance?
Factors that influence the cost of golf course insurance include your course’s location and vulnerability to crime and disaster, the size of your course, the replacement cost of buildings and equipment, and whether or not you serve alcohol.
What type of insurance covers lawn tractors?
Commercial auto insurance: Covers vehicles, like maintenance trucks or courtesy cars, in case of accidents. Inland marine insurance: Covers equipment that moves, like golf carts or lawn tractors. May also cover the green or special course features like trees that aren’t covered by commercial property insurance.
How many people played golf in 2017?
23 million adults played golf in 2017, and it’s not hard to see why. Golf is a relaxing way to have fun and stay in shape. What those players may not realize is that their good time is protected by a secret superpower: golf course insurance.
What is Workers Comp insurance?
Workers' compensation: Covers worker expenses if they are injured on the job. It’s smart to change up your coverage over time as your needs change, which an independent insurance agent can help manage. Larger courses will need more insurance, especially if you want to host special events like weddings or tournaments.
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.
Who owns Bigshots Golf?
BigShots has been acquired by ClubCorp last year and since then it has been aiming to expand rapidly with 30 to 60 more bays, with each facility costing $8.5 to $12 million compared to a Topgolf franchise cost of $18 million. BigShots Golf Franchise Offering.
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 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.
What do golf franchises carry?
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: golf balls. clubs.
Is TopGolf a good place to play golf?
TopGolf locations have revolutionized the sport by taking the serious level down a notch. Being good at golf is not a requirement to have fun and enjoy a lively atmosphere. Tasty appetizers, refreshing drinks and some fun music provide a delightful atmosphere while you practice your swing and perfect your game.
How much does golf cart insurance cost?
Here is some general information on monthly costs: You may pay as little as $4 a month. If you add golf cart coverage to your current homeowner's insurance.
What is golf cart insurance?
KEY TAKEAWAYS. Golf cart insurance is an insurance policy that covers damage to your golf cart and damage that your golf cart causes. Buying golf cart insurance depends on where you ride and how you use your golf cart. It covers bodily damage liability, property damage liability, collision and comprehensive damage to your cart.
Do you have to have liability insurance on a golf cart?
Not every policy will let you add the golf cart as a rider to your homeowner's insurance policy. Sometimes, you'll have to get it separately. Think about Florida and Arizona, where the weather is warm where and riding around in a golf cart, even on public roads, is almost a way of life. In fact, in Arizona, if you drive a golf cart on the road, you are required to have liability insurance on your golf cart.
Can you drive a golf cart in a retirement community?
But before you hop on, be sure to check out the insurance requirements for the state you'll be driving it in.
Does golf cart insurance cover off road driving?
Other states, like Arizona and North Carolina have set minimum coverages required for any golf cart that will travel on public roads. If you won't be driving the cart on public roads, it's still a good idea to get some insurance coverage for an off-road vehicle.
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 ...
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.
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:
Is TopGolf a good place to play golf?
TopGolf locations have revolutionized the sport by taking the serious level down a notch. Being good at golf is not a requirement to have fun and enjoy a lively atmosphere. Tasty appetizers, refreshing drinks and some fun music provide a delightful atmosphere while you practice your swing and perfect your game.
Who is Tony Martins?
Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor ; with a passion for sharing his knowledge with budding entrepreneurs. He is the Founder of Profitable Venture Magazine Ltd, an Executive Producer @JanellaTV and also doubles as the CEO, POJAS Properties Ltd.
Is Topgolf a privately owned company?
At this time, the official website is stating that TopGolf is a privately – owned company with no current franchise opportunities.
