Example driving range business plan

Business People Our Competitive Advantage At Green Swing Driving Range we intend to build a business that will not only generate income, and compete favorably with other driving ranges but also become the preferred driving range here in West Palm Beach Florida due to its world class facilities and also be amongst the top ten driving ranges in the whole of United States of America by The above is the reason that we have come up with competitive advantage strategies that will help us stand out in the industry.

Example driving range 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.

How to Start a Driving Range: 7 Steps (with Pictures) - wikiHow

Doe expects a strong rate of example driving range business plan 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.

example driving range business plan

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.

However, the low pricing point and high margins generated by the Golf Driving Range will ensure that the business is able to remain profitable and cash flow positive at all times.

Good and Bad Example of an Executive Summary: Free Brochures

There are approximately manufactures and over 6, wholesalers that specialize in the manufacture sale of golf equipment. Common traits among clients will include: The key to writing a strong competitive analysis is that you do your research on the local competition.

Find out who your competitors are by searching online directories and searching in your local Yellow Pages.You can get FREE info about how to plan, design, and build your own golf driving range by signing up for this email mini-course. All you have to do is click on the bucket of . Emerald Driving Range golf driving range business plan financial plan.

Executive Summary

Emerald Driving Range will be a state-of-the-art golf practice facility, with a driving range, putting greens, chipping greens, PGA Teaching Pro and refreshment snack bar/5(20). Free Golf Driving Range Business Plan For Raising Capital from Investors, Banks, or Grant Companies!

Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. Driving Range Business Plan. When creating a business plan for a driving range, there are several things that you will need to consider.

Whether or not the driving range will be indoors, its location, any additional products/services provided .

A business plan should be created before making the decision to open a driving range. The proposal can be used to generate interest from prospective investors or lenders.

It also serves as a feasibility study that helps you . Gun Range Development Presented by: Thomas O.

example driving range business plan

Willingham Point Blank Range & Gun Shop Cincinnati, Ohio [email protected] CALL A DISTRIBUTOR. Business Plan Determine Supply and Demand Market survey Existing supplyof shops and ranges.

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