Who is Topgolf owned by?
Callaway Golf CompanyTopgolfTrade nameTopgolf Entertainment GroupKey peopleErik Anderson (Executive chairman) Artie Starrs (CEO)BrandsTopgolfParentCallaway Golf CompanyDivisionsTopgolf Swing Suite Toptracer Global10 more rows
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 is the CEO of Topgolf?
Artie Starrs (Apr 5, 2021–)Topgolf / CEO
When did Callaway buy Topgolf?
Under the terms of the merger agreement, which was previously announced on October 27, 2020, Callaway issued approximately 90 million shares of its common stock to the shareholders of Topgolf, excluding Callaway, which previously held approximately 14% of Topgolf's outstanding shares.
How much do Topgolf owners make?
Topgolf Salary FAQs How does the salary as a Business Owner at Topgolf compare with the base salary range for this job? The average salary for a Business Owner is $63,485 per year in United States, which is 18% lower than the average Topgolf salary of $77,942 per year for this job.
Is Topgolf a good investment?
Lots of growth ahead Topgolf itself says it has the potential for 450 venues, and that doesn't include Toptracer range technology or media revenue. The 70 venues the company operates today are incredibly profitable, with construction costs of $10 million to $40 million and expected cash-on-cash returns of about 50%.
Who is the COO of Topgolf?
Genifer GrayTopgolf Entertainment Group has promoted Genifer Gray into the role of chief operating officer for U.S. venues and named executives to head marketing and human resources, the company said Monday.
Who is the CFO of Topgolf?
William Davenport -William Davenport - Chief Financial Officer - TopGolf | LinkedIn.
When was Topgolf founded?
2000, Watford, United KingdomTopgolf / FoundedThe Jolliffe brothers and a licensee developed the first three Topgolf locations in the United Kingdom beginning in 2000. 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.
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.
Who is Callaway owned by?
Callway markets its products in more than 70 countries worldwide. The American company, based in Carlsbad, California, is the world's largest manufacturer of golf clubs....Callaway Golf Company.TypePublicFounded1982FounderEly Reeves Callaway, Jr.HeadquartersCarlsbad, California , U.S.Area servedWorldwide14 more rows
How much does Callaway make from Topgolf?
Last March, Callaway merged with Topgolf. Callaway already owned a 14% stake in Topgolf after an investment in 2006 and paid $2.66 billion in stock to acquire the rest of the company. Callaway expects an even better result in FY2022, with revenue projected to range between $3.7 billion and $3.8 billion.
How much does Topgolf make a year?
Topgolf generated approximately $1.1 billion in revenue in 2019 and has grown at a 30% compound annual rate since 2017.
What franchise makes the most money?
According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.
Who is Topgolf competitor?
TopGolf's top competitors include Salamander Innisbrook, Diamond Resorts, GameGolf and The Trump Organization. Topgolf is a golf entertainment venue.
Is Topgolf expensive?
-Topgolf's website says, in most locations, it costs $25 to play per hour, per bay--which can fit up to six people--before noon. From noon to 5 p.m., it costs $35 per hour, and after 5 p.m., it costs $45 per hour.