Who is the target market?Ī golf course’s ideal customer is an affluent golfer. This figure doesn’t include employees’ salaries, which could be an additional several hundred thousand. In 2016, the average course budgeted $750,000 for these expenses. The ongoing expenses for a golf course business largely consist of maintenance fees for the course and any buildings on the property. What are the ongoing expenses for a golf course? The Golf Course Market maintains lists of courses that are currently for sale and ones that will soon go to auction. Purchasing an existing business is sometimes cheaper, and it’s often perceived as less risky because the business already has a history. Additionally, this couple cleared the land, designed the course and built the holes themselves, which kept costs down.īusiness owners who don’t have the skills or time required to do all of this work should be prepared to spend significantly more.īecause building a golf course is so expensive, many business owners opt to purchase one instead. A third of their budget ($500,000) went towards land and a building. One couple in New York built their own course, which they expect to cost $1.5 million by the time all 18 holes are installed. acquiring or constructing a building for a clubhouse.preparing the land and building the course.The largest upfront expense is usually land, as courses can require 200 acres of land or more. The costs associated with opening a golf course are significant. It's very important to secure your domain name before someone else does.įind a Domain Now Submit Powered by What are the costs involved in opening a golf course? When registering a business name, we recommend researching your business name by checking: If you operate a sole proprietorship, you might want to operate under a business name other than your own name. If you don’t already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Golf Course Name Generator What will you name your business?Ĭhoosing the right name is important and challenging. Luckily we have done a lot of this research for you. What are the startup and ongoing costs?.It will help you map out the specifics of your business and discover some unknowns. ![]() ![]() STEP 1: Plan your businessĪ clear plan is essential for success as an entrepreneur. Exploring your options? Check out other small business ideas. These steps will ensure that your new business is well planned out, registered properly and legally compliant. We have put together this simple guide to starting your golf course. Get the Necessary Permits & Licenses for your Golf Course.Open a Business Bank Account & Credit Card.Form your Golf Course into a Legal Entity.Start a golf course by following these 10 steps:
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