Going down the rabbit hole and have built a basic business plan but have some questions!
Love that this community exists. Would love insight from people doing this successfully.
-My market - West Coast of Canada small isolated retirement town with 30,000 people and large influx of people in the summer. Lots of golfers.
**-The plan-**build a 2 bay, automated facility in a 1200 square foot mall spot.
-Sell up to 40 memberships for 225/month and charge drop in fees of 70/hr on peak times and 55/hr on non peak times.
-have a vending machine and tap to pay coffee bar maybe a fridge with cold drinks.
-I would also try to do tournaments and possibly a league.
-Partner with local golf coaches and a nearby highschool which has a golf team.
Costs - about 100k to get all set up.
-around 3000 a month rent
-not sure maintenance costs yet
-not sure costs of software - booking, coded locks, cameras etc
-will just be managed by me for now
-Cleaning staff daily
Funding- Presale before building
-would try to get 20-40 people to sign up for a year long membership with a down payment of my 500 bucks. Annual fee due on grand opening of 2100. This would include 2 months of free play to help iron out the system kinks.
Some questions - is 24 hr access worth it? There is a gym opening in the same mall that will have 24 hour access so I think I would be able to have it.
Is this a totally crazy idea? the population is fairly small and we have 3 golf courses but there are no other indoor places.
Has anyone partnered with golf courses? I was thinking I could also build it in the facility of one of our local golf courses that has a very large clubhouse that could probably find the space.
is 1200 square feet big enough to set up to bays? there are limited options for space.
(all prices in Canadian dollars!)