Every year, more than 130 million people of all ages play miniature golf, producing revenues in excess of $1 billion annually for course owners.
Is mini golf a good investment?
There are many good reasons why mini golf courses tend to be more successful and profitable than other businesses. In business terms, mini golf courses are cheap to run, with very few staff required and low equipment costs. Mini golf courses are profitable because they: attract all age groups.27 Sept 2018
How much does it cost to build a mini putt course?
The costs of opening a mini-golf business vary, but typically run up $500,000. One professional group estimates that it will cost between $15,000 to $30,000 to put a deposit on the land lease, and a further $100,000 to $140,000 to make all of the necessary improvements to the land itself.27 Jan 2021
Is mini golf still popular?
Mini golf has been around for over 100 years, and today, the game is as popular as ever. The popularity of mini golf is global. The combination of indoor and outdoor mini golf courses means that the game can be found pretty much all over the world.
Is mini golf profitable?
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 many acres does it take to build a mini golf course?
In general, an 18-hole outdoor miniature golf course commonly uses about one-half acre or 20,000 to 22,000 s.f. Your costs are effected because of the need to fill the vacant area with “something”, be it landscape, ground cover, concrete or water.
How much does it cost to build an indoor mini golf course?
People spend an average of between $150,000 and $250,000 to develop an 18-hole course. The biggest variable, according to Hix, is the price of land, which varies tremendously by state and region. Fortunately, courses can be built on as little as three-quarters of an acre of land.9 Jul 2001
How much space do you need for indoor mini golf?
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.
Are miniature golf courses profitable?
How much profit can a miniature golf course make? However, the relatively low ongoing expenses means that a steady stream of customers can easily make you over $100,000 a year, and some mini golf course owners report being able to pay off their initial investment within the first few years of opening this business.27 Jan 2021