Why Investing in GolfSuites Is the Next Big Opportunity in Sports
/GolfSuites venues redefine the golfing experience, providing a cutting-edge blend of entertainment and skill enhancement. Boasting a 250+ yard driving range, customers can fully immerse themselves in a world of golf with meticulously crafted simulated green sites and challenging hazards. And the best part is you can now be an investor in this startup’s emerging success.
All three GolfSuites locations are profitable and it has two more locations in development - one in Auburn, Alabama and another in St. Petersburg, Florida. For golfers seeking unparalleled enjoyment of the sport, this is a rare opportunity to invest in something you truly love.
Today, GolfSuites extends an invitation to everyday investors to be part of the company’s success journey. But is investing in GolfSuites worth the risk? Keep reading to decide for yourself.
Why Investing in GolfSuites Is Exciting Investors
The company’s vision is to establish GolfSuites as the global destination of choice for gamified golf entertainment, events, performance, golf improvement, and all-around fun for everyone. Beyond the game, GolfSuites offers a comprehensive experience with personalized coaching, top-notch restaurants, vibrant bars, and dynamic activities such as live music. Dedicated to delivering an immersive and enjoyable golf-centric experience, GolfSuites aims to create inclusive and engaging entertainment venues that focus on both hospitality and game improvement.
The profitability of its existing locations underscores the strong demand for the venues and the effectiveness of its business model. Drawing inspiration from the success of TopGolf, the growing trend of people entering the world of golf, and the desire for entertaining and accessible learning experiences, GolfSuites stands as a beacon of success in this thriving industry.
GolfSuites vs TopGolf: Which Is the Better Investment?
While TopGolf has demonstrated significant financial success, there's always room for improvement in the golf entertainment business. GolfSuites distinguishes itself by prioritizing localized menus and enhancing food and drink options. The company’s commitment to quality is reflected in using real golf balls and cutting-edge tracking technology.
Unlike TopGolf, GolfSuites focuses on a more intimate experience with 40-60 golf bay venues, emphasizing superior local food and drinks. GolfSuites' commitment to a superior experience is evident in various features, including 18-hole play within expansive 225-300+ yard ranges and a holistic "Eatertainment" experience. The indoor/outdoor dining options, which can accommodate up to 250 people indoors, feature chef-inspired and localized menus, including farm-to-table options with considerations for dietary restrictions.
The family fun zone adds an extra dimension, featuring putting greens, cornhole, and more. Additionally, on-site instruction from certified PGA pros creates a relaxed learning environment, making it an ideal choice for beginners. GolfSuites even hosts women-only and beginner play days, ensuring inclusivity.
Customer loyalty is a key metric in the success of entertainment venues, and GolfSuites excels in repeat visits. While TopGolf maintains an average customer repeat rate of around 1.5 times yearly, GolfSuites boasts patrons returning multiple times weekly.
GolfSuites' affordability contributes to its high customer retention, with cheaper bays than TopGolf. Additionally, the atmosphere at GolfSuites encourages a leisurely pace of play, allowing patrons to savor the experience rather than feeling rushed.
The localized and enhanced food and beverage options at GolfSuites further contribute to customer satisfaction. GolfSuites offers a diverse and appealing menu, including farm-to-table options with chef-inspired creations. This attention to detail resonates with patrons, keeping them returning for exceptional golfing and dining experiences.
Moreover, GolfSuites' success extends beyond major markets. While TopGolf faces challenges in entering smaller markets due to its substantial size, GolfSuites has proven its adaptability and profitability in locations like Tulsa and Lubbock, where it revitalized former failing TopGolf facilities. GolfSuites' ability to thrive where others falter underscores its resilience and effectiveness in diverse markets.
GolfSuites is the only opportunity for investors who want to tap into this fast-growing market directly. TopGolf is part of Callaway, which means investors owning their stock are also on the hook for their apparel and equipment business.
How GolfSuites Plans to Grow Shareholder Value
GolfSuites has emerged as a notable success story in the golf entertainment industry, currently operating three profitable locations with a fourth in development.
The current locations in Tulsa, OK (60 bays, opened in Sept. 2019), Lubbock, TX (58 bays, opened in Aug 2020), and Baton Rouge, LA (40 bays, opened in Mar 2022) have proven to be lucrative ventures. And the upcoming Auburn, AL location, set to open with 40 bays in 2024, reflects GolfSuites' commitment to expanding its footprint.
Guest spending patterns further evidence the success of GolfSuites. On average, each guest spends $40 per visit, with 30% allocated to gameplay and instruction and a significant 70% dedicated to food and beverage, reflecting the strength of GolfSuites' comprehensive entertainment and dining experience.
GolfSuites is just scratching the surface of its potential. U.S. golf driving ranges and family fun centers market are valued at $16.7 billion and the family and entertainment centers market reaching $21.05 billion in 2021 (and it is projected to reach $37.58 billion by 2026 with a 78.5% growth rate). Capitalizing on the vast potential, GolfSuites aims to scale across over 444 U.S. cities with populations over 75,000, a target achievable with their 40-bay model.
Is GolfSuites a good investment?
If you’re wondering, “Should I invest in GolfSuites?” at Money & Mimosas, we encourage you to ask yourself three questions:
What are the potential roadblocks?
What is the potential growth or upside?
How does this align with my values and/or overall investment strategy?
The primary roadblock we see is the competition posed by TopGolf, an industry giant in golf entertainment. However, GolfSuites distinguishes itself by focusing on creating an exceptional dining experience, positioning the company as more than just a golf-centric establishment.
GolfSuites holds significant growth potential, especially in areas where TopGolf cannot or will not venture. TopGolf has already proven the widespread appeal of golf entertainment, and GolfSuites aims to capitalize on this demand by strategically entering markets overlooked by larger competitors. The true profit lies in the golf industry and the fusion of food and beverage (F&B) with the golfing experience. Additionally, with Scott McCurry, the President and COO—and the former National Director of Operations at TopGolf who was instrumental in their profitability and expansion—GolfSuites is well-positioned to scale successfully.
In summary, while competition remains challenging, GolfSuites stands poised for substantial growth. Consider these factors in light of your values and investment strategy to make a well-informed decision on whether to invest in the exciting future of GolfSuites.
How to buy GolfSuites stock
You can invest in GolfSuites for $10 per share. The minimum investment is $1,000 and is open to all investors. You don’t have to be an accredited investor to invest in The GolfSuites. The process of investing is really easy. You head to the investment page and click the ‘Invest Now’ button. From there, the website will walk you through the seamless process of becoming an investor with GolfSuites.
Disclosure: This is a paid advertisement for GolfSuites’s Regulation A Offering. Please read the offering circular at invest.golfsuites.com