Of course, higher population density also translates into more customers. However, the higher the population density, the more land costs. Across the U.S., you can expect a 20-acre plot to sell for anywhere from $180,000-$500 million+. Locationīuying land in New York is extremely different than buying land in Texas. The following four cost factors will be the most influential on your total costs. However, building, franchise costs, and even facility type will all matter. If you’re opening a driving range, the most significant cost factor will always be land. In most cases, you should budget at least $10,000 for hiring people, marketing, and ensuring that people know where your driving range is. In addition, if you sell food, you’ll have to pay health inspection fees in your state.Īdvertising, hiring, and marketing are all also important as part of opening a driving range. Suppliesīusiness startup costs will always factor into opening a driving range.įor example, lawyer’s fees, costs of business loans and financing, and any memberships (such as USGA).
#Golf driving range manual#
But, you could get a manual picker and attach it to your lawn mower to achieve the same result – albeit for more labor. In most cases, you can spend as much or as little as you want on equipment.įor example, a fully autonomous golf ball picker will cost $12,000+ for a robot with a 3,000-ball capacity. You’ll need golf balls, rental clubs, mats, tees, glasses, protective headgear, gates, and machinery. Supplies and TechnologyĮvery driving range will need a significant amount of supplies. That’s especially true if you have an indoor area where people can socialize. Still, offering food can greatly increase the revenue of your facility. and FreshBooks both calculate that as an average expense of just under $4,000 per seat. From there, you’ll have to add on food licenses, health inspections, hiring employees, menu development, etc. Here, the average cost to open a dining facility will cost around $450 per square foot. Many driving ranges make the most of their money by offering amenities like food, drinks, or golfing equipment. This can mean that land is the most significant cost factor in opening a driving range. In most of the U.S., the land costs will average between $2 and $50 per square foot.Īlso see Top 4 Best Postage Meter Companies: 2023 Comparison Reviews If you’re in a big city, you can expect that to go up significantly.įor example, in New York, you can expect to pay well over $1,000 per square foot. Land CostsĪcross the United States, a 20-acre lot of land averages at $511,200. That will minimize costs, while ensuring you can maximize profit. Of course, you can always take the approach of having half of your bays indoors and half outdoors. You’ll need about $50,000+ for just the outside structure, before insulation, plastering, trim, etc.īecause most ranges will be larger than that to accommodate restaurants, lounge areas, and putting ranges, you should expect to spend significantly more than that. So, if you’re building a 500-square-yard building, that’s about 4,500 square feet. However, most people wanting to practice will prefer the real thing. Here, your driving area must be at least 350 yards long.įor this reason, virtual golf simulators are also popular.
#Golf driving range full#
If your full range is inside, you’ll need a significantly large building. And, if you’re selling food or golfing equipment, you’ll have to calculate those areas as part of the building. In addition, you’ll need covered areas to store equipment, including covered areas for the ball retrievers. You can add up the number of bays you want to figure out how large the covered area should be. If you have an outdoor facility with covered bays, you’ll likely need about 9-12 square yards per bay. If you use another material like concrete, you can expect costs to be between $100 and $250 per square foot. Prefabricated steel buildings can cost as little as $7 per square foot, or as much as $25 per square foot. Once you add on building structures or covered bays, you’ll have to calculate the costs of the building. However, it may still require significant investment into landscaping, grass, and even watering systems.
Indoors/OutdoorsĪn outdoor driving range is normally very cost-effective to open and start. On the other hand, a small-scale outdoor range might cost about $50,000 + the cost of the land it’s on.
The average cost of opening a driving range will depend on the range, your geographic location, and whether you choose to build it indoors or out.įor example, Top Golf, a large indoor golf range “resort”, has a franchise investment of $15-$50 million. How Much Land Does A Driving Range Need?.Average Cost Of Opening A Driving Range.
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