What will it cost to launch a business in indoor golf?
Consider yourself a businessperson who enjoys golf and wants to start their own indoor golf business. It can seem like a daunting task to start with, and can indeed be so. After all, there is a lot of planning and purchasing to do for getting the right kind of setup. But, knowing a little bit about the cost of some components can be of major help. Take a look at the information shared below to gain some valuable insight into the expenses that may be required for your own indoor golf business.
How much does a golf simulator cost?
The cost of a few of the most highly rated golf simulators ranges from anywhere between 30 to 70 thousand USD. Those who want more advanced and feature-rich simulators may have to spend as much as 100 thousand USD (considering that all additional components and accessories are included). The cost is significantly lower for those who want home golf simulators.
Some of the most popular home simulators can be purchased for just $300, with their more expensive counterparts going up to can cost several thousand dollars. The variety of features, technical specifications, latest additions, realism and available game modes, are some of the key factors that affect simulator prices.
Price variations by the brand of commercial golf simulator:
- The price of About Golf simulators range from 42,000 to 92,000 dollars
- Costs for HD olf simulators range from 35,000 to 70,000 dollars
- Costs for Golfzon simulators range from 40,000 to 70,000 dollars
- Costs for TruGolf simulators range from 30,000 to 70,000 dollars
- Costs for Trackman simulators range from 49,000 to 100,000 dollars
- Simulators from ProTee United range in price from 5,200 to 26,200 dollars
- Costs for XGolf simulators range from 40,000 to 70,000 dollars
- Costs for P3 ProSwing simulators range from 8,400 to 18,400 dollars
- The price range for Visual Sports simulators is 35,000 to 100,000 dollars
Starting an indoor golf business
The costs required for launching indoor golf locations can vary a lot based on some factors. These include –
* The number of simulators that are available where you are
* The list price for every simulator
* The location where the facilities will be built
* Presence or absence of F&B services
Estimated prices based on size
A cost of 50 to 250 thousand USD may be required to kickstart small golf facilities. If you have this capital, it is possible to purchase a building with a square footage of just over 3,000 square feet, which can accommodate up to four golf simulators. One might choose the more reasonably priced commercial simulators for a setup like this.
Opening up a medium-sized golf center can cost you somewhere between 350 to 700 thousand USD. It will get you an area with a square footage of 10,000 and 8 simulators. It is possible to get your hands on mid or high-range commercial simulators at this price range.
You would require somewhere between 750 thousand to 1m dollars for a large indoor golf setup. A facility like this might have anywhere from 7 to 10 simulators, across a floor size of 12,000 sq ft. Generally, venues like these sport some of the most premium range commercial simulators.
You can gain some beneficial perspective on the costs involved in setting up indoor golf facilities by following the information shared above.
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