It seems that the popularity and development of indoor golf and golf simulators is unstoppable. Within a few weeks I came across two indoor golf services. One is Swede RUFF indoor turtleneck (7 locations) and the other is Five Iron Golfs (18 locations, 11 cities).
If you have any doubts about it, let the numbers speak for themselves. The National Golf Foundation’s latest Annual Graffis Industry Report contains a very interesting finding.
Namely, during participation in the course in golf increased by 2% from 2021 to 2022, participation in off-course play increased by 13% in the same period of time.
Don’t think it’s only in the US! Research conducted by The R&A together with England Golf, Golf Ireland, Scottish Golf and Wales Golf shows this 5.6 million adult golfers on the course – 2nd highest number since the monitoring started more than 30 years ago – last year he enjoyed playing full-size courses (9 or 18 holes) at GB&I.
Five Iron Golfs is privately owned, urban golf and indoor entertainment company offering simulator rentals, golf lessons, custom club equipment, social events and selected food and drink menus. About five Iron units 10,000 to 15,000 square feet.
All Five Iron Golfs facilities are equipped with world-class technologies such as simulators with Golf TrackManlatest club offers from Calling Golfand a wide range of software options to meet a variety of customer needs and interests.
Five Iron Golf – Franchise program
The second reason is Five Iron Golf launched a franchise programopening up new opportunities for expansion and growth both domestically and internationally.
Five Iron GolfsThe company’s expansion into a franchise model is similarly rooted in the data, with early signs of success at its two current international locations in Singapore and New Delhi, India (opening this summer).
says Jared Solomon, CEO and co-founder of Five Iron Golf
“We established strong relationships with trusted suppliers in industry. Franchisees will have access to these supplier relationships, which will enable them to source high-quality equipment, products and services provide a consistent and unique experience on their own Five Iron Golf courses.
Franchisor support comprehensive and covers various aspects of business, including
- development consulting,
- operating manuals,
- marketing expertise,
- business development and
- partnership support.
There will be franchisees have access to knowledge and guidance seasoned professionals who have successfully mastered the challenges of setting up and running Five Iron Golf facilities.
In addition, franchisees will be use Five Iron Golf corporate technology and systemswhich have been refined and optimized for seamless operation and exceptional customer service.
Current franchise The investment range is from USD 1.4 to USD 4.2 millionwhile the initial franchise fees for a single seat franchise is $50,000. Operating license fee is 7%.
Five Iron Golf plans to host him first days of discovery in June and Octoberinviting potential franchisees to tour existing operations and attend presentations by department heads and senior management.