On average, it costs $5 to play 18 holes of miniature golf , which makes it one of the cheapest forms of entertainment around. People spend an average of between $150,000 and $250,000 to develop an 18-hole course .
Besides the fact that owning a miniature golf course or family fun center is highly profitable , it’s simply a great business to be in. Few businesses are as fun and satisfying to own and operate . Castle Golf has spent over 40 years building courses that last for many years and deliver excellent profit margins..
How much land is needed for an 18 hole course ? The recommendation for an 18-hole miniature golf course is between 15,000 and 22,000 square feet for the playing surface. However, a site as small as 9,000 square feet can be accommodated.
In addition to the purchasing cost , you’ll need an estimated $500,000 to $1 million per year to properly maintain a typical 18-hole golf course . Additional costs may include food and beverage facilities, building maintenance fees, and management fees.
In putt – putt par for each hole is 2 while in mini golf par can range from 2 to 6. When playing putt – putt the player must finish the hole before the next player putts . In mini golf all the players take their first putt , then the player furthest away from the hole takes his second putt , similar to real golf .
The Mini – Golf Trend Is Still Considered Great Entertainment Trendy mini – golf courses bring in people of all ages and are the highlight of parties and events. Most theme parks and water parks have functioned as iconic venues for nonstop entertainment across multiple places in the U.S.
Blog Do your research. So you want to start a mini golf course business and are really passionate about the idea? Know your market. Knowing your market means understanding who your average customer is: their interests, needs, desires, etc. Know the business . Choose the right location. Ticket pricing. Size of the course.
MINI GOLF COURSE DESIGN You should match the course to the market. In an area with high-volume potential, your course should be heavily themed to provide strong visual and emotional appeal. This inspires repeat play and high traffic that keeps you competitive with other nearby courses .
A 10% return might seem reasonable for buying a golf course , but the reality is that the return of many of these courses at the time of sale might be -10%. There are some things management can do to make a golf course more profitable. These might range from opening a private club at least to some degree to the public.
about 30-45 minutes
The typical private club generates between 19,000 and 20,000 rounds of golf per year per 18 – holes . The typical club generates approximately 60 golf rounds per membership and spends between $1 and $1.2 million on golf course maintenance .
A home on a golf property is the ultimate investment . Of course , there’s no such thing as a perfect investment . Properties on golf courses have their own risks. The good news is a discerning eye, some research, and lots of good judgement will make sure you’re putting your hard-earned money in the right place.
11 More Ways Your Golf Course Can Boost Revenue Right Now Sell packages. If you’re not a fan of discounted tee times, you can always package your tee times with other items. Custom memberships. A well-designed loyalty rewards program. Branded merchandise. Sponsorship. Add an E-Commerce page to your website. Open up an online booking channel. Partner with distribution services.