How to open a Topgolf franchise?
- Ensure you have adequate capitalization. To open the Topgolf sports & entertainment bar franchise, you must have an average initial investment of $18 million.
- Appreciate the investment required for a sports bar franchise. ...
- Evaluate your prior experience and strengths. ...
- Assess market availability. ...
- Submit your application. ...
- Receive approval & opening your Topgolf franchise. ...
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Expanding Topgolf around the globe
Topgolf International focuses on expanding Topgolf around the Globe, connecting people in meaningful ways through the experience we create, the innovation we champion and the good we do. After success in the United States and United Kingdom, Topgolf International was established to expand into territories across the globe alongside talented local Franchisees.
Become a Topgolf Franchisee
Thank you for sharing your interest in becoming a Topgolf International Franchisee. Finding the right partner is the first step to developing our brand in your country/countries. The bar we have set to become a Topgolf Franchisee is exceptionally high.
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 much does it cost to start a top golf?
The average TopGolf facility costs approximately 18 million dollars to establish. Originating in the UK and now with numerous locations over the USA; the company plans to expand globally. At this time, the official website is stating that TopGolf is a privately – owned company with no current franchise opportunities. However, if you do have 10 to 20 million lying around, you may wish to pursue this sporting venture.
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.
How much does it cost to build a drive shack?
However, opening a single Drive Shack franchise costs approx. US $30 million to build. The company currently operates 74 golf courses in 12 states and generated US $309 million in revenues in 2018.
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.
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:
Where was Topgolf first opened?
The first location of TopGolf was opened in Watford, UK in the year 2000 by twin brothers Steve and Dave Jolliffe.
How much does it cost to build a Topgolf franchise?
On average a TopGolf franchise costs up to $18 million dollars to build, however start up costs will fluctuate. 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! If you are considering opening up a TopGolf franchise; congratulations!
How much does it cost to start a top golf?
The average TopGolf facility costs approximately 18 million dollars to establish. Originating in the UK and now with numerous locations over the USA; the company plans to expand globally. At this time, the official website is stating that TopGolf is a privately owned company with no current franchise opportunities; however, if you do have 10 to 20 million lying around, you may wish to pursue this endeavor.
How many square feet is Topgolf?
The average TopGolf facility is 65,000 square feet and three storeys high. Over 1250 people can simultaneously have fun and relax. This destination point features monthly membership fees or one time drop in opportunities. There are special discounts for Junior Members available. Due to the state-of-the-art equipment, exuberant real estate and spectacular facilities, these locations are popping up with excellent revenue reports and decent expansion.
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: along with a host of other golf related 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.
Can you get refunded for Topgolf membership?
Purchase your games onto your card and use at any TopGolf location. Note that once game credits are loaded onto the card, they are unable to be refunded.
Is there a dress code for Topgolf?
Thankfully, TopGolf offers a roof top terrace complete with fire pits and an exquisite lounging facility to help you pass the time. An official dress code is not required. Socializing and fun is the mainstay along with perfecting your game of course.