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THERE IS A LOT OF MONEY TO BE MADE FROM OWNING A MINI-GOLF COURSE.
Most miniature golf is played in the afternoon and evening hours. A typical game takes about 45 minutes to play and an 18-hole course will average up to 100 players per hour. With a playing fee of $5.00 per round, projected income during peak playing periods is $500.00 per hour.
The income analysis is based on a six-month season. Actual income from a course depends primarily on its location and the quality of the course. Some courses which have exceptionally good locations or extended operating seasons do much better than the maximums listed in the tables.
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INCOME ANALYSIS TABLE |
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Daytime Income |
Late Afternoon/Evening |
Total Income |
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Games/Day |
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% of Course Capacity |
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Daily Income |
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Games/Day |
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% of Course Capacity |
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Daily Income |
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Total Daily |
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Total Monthly |
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Total 6-Month |
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150
125
100
75
50 |
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25.0%
20.8%
16.7%
12.5%
8.0% |
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$750.00
625.00
500.00
375.00
250.00 |
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400
300
200
150
100 |
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66.7%
50.0%
33.3%
25.0%
16.7% |
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$2,000.00
1,500.00
1,000.00
750.00
500.00 |
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$2,750.00
2,125.00
1,500.00
1,125.00
750.00 |
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$82,500.00
63,750.00
45,000.00
33,750.00
22,500.00 |
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$495,000.00
382,500.00
270,000.00
202,500.00
135,000.00 |
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Best of all, the business has very little inventory and very low expense. You can operate the course yourself or hire a low-cost employee to sell tickets and dispense putters and balls. Except for score cards, nothing is consumed in the miniature golf business. The same putter and balls are used for every round.
An important consideration is location. Ideally, the course should have good visibility in a high traffic area. Some of the better locations are next to driving ranges, restaurants, ice cream parlors, etc. However, many "stand-alone" golf courses have been very successful.
The income analysis is a projection only and in no way is any type of guarantee.
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Fairway Mini Golf
PO Box 702
Sturgis, MI 49091
Toll Free: (800) 472-4077
©
2007 Fairway Inc. All Rights Reserved
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