A first-class driving range with slots for 50 golfers along with two chipping greens and two putting greens will be available. EDR will focus on providing practice opportunities for golfers of all abilities. We will have a concessions area that will provide a variety of drinks and snack foods for golfers who need to take a break. It is our purpose to set a strategic direction for our future and this is the primary purpose of this business plan.
Strategic Analysis with current research! Golf Driving Range, Inc. The Company was founded by John Doe. The business will generate sales by selling buckets of balls for use on the range. The business will also generate secondary sales of revenues through its pro shop and from the sale of golf lessons.
The third section of the business plan will further describe the services offered by the Golf Driving Range. The interest rate and loan agreement are to be further discussed during negotiation.
The financing will be used for the following: Doe has more than 10 years of experience in the sports facility management industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. Doe may seek to sell the business to a third party for a significant earnings multiple.
Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Golf Driving Range. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
This is an important revenue stream for the business as there are very few costs associated with providing these services. Additionally, the business will generate service income from the re-gripping of clubs and repairing golf shoes. The business will also make sales of golf clubs, tees, golf apparel, golf shoes, and other products associated with golf.
Currently, the economic market condition in the United States is moderate.
The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of an economic recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.About this business plan.
Emerald Driving Range provides state-of-the-art facilities that accommodate golfers of all levels. A first-class driving range with slots for 50 golfers along with two chipping greens and two putting greens will be available.
The whole idea behind building your own backyard driving range is to give yourself an opportunity to hit a lot of balls, but just like on the range, someone has to shag all those shots.
That said, even if you’re only hitting a couple of yards into a net, a good golf ball shagger is a very wise investment. Driving Range Business Plan. When creating a business plan for a driving range, there are several things that you will need to regardbouddhiste.comr or not the driving range will be indoors, its location, any additional products/services provided will also be positioning factors.
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