Golf courses for sale
|Number of Golf Courses for Sale in the US||1,200+|
|Median Price of Golf Courses for Sale||$2 million|
|Number of US Golf Course Sales in 2020||148|
|Percentage of Golf Courses Sold to Developers||10%|
Looking to invest in a golf range? There are over 1,200 golf courses for sale in the United States, with a median price of $2 million. The COVID-19 pandemic has caused some financial challenges for golf courses, leading to 148 US golf course sales in 2020. Interestingly, only 10% of these sales went to developers, suggesting that most buyers are interested in continuing to operate the golf course. If you’re thinking about investing in a golf range, these statistics provide valuable reference points to consider.
Golf driving ranges for sale
|Number of golf driving ranges for sale in the US||223|
|Median sale price of a golf driving range||$1,450,000|
|Percentage of golf courses with a driving range||92%|
A golf driving range is a facility where golfers can practice their swing and hit balls into a designated area. There are currently 223 golf driving ranges for sale in the US, with a median sale price of $1,450,000. Additionally, 92% of golf courses in the US have a driving range on their premises. This indicates that owning a golf driving range can be a lucrative investment as well as a complementary addition to a golf course. These statistics come from commonly accessible sources such as industry reports and market analyses.
Golf course real estate
|Year||Number of Golf Courses Sold||Median Sale Price|
Golf course real estate is a highly sought-after investment opportunity for those looking to enter the lucrative world of golf course management. In 2018, 84 golf courses were sold with a median sale price of $2,125,000. For those looking to invest in this area, it is important to keep in mind that the median sale price fluctuates from year to year and factors such as location and amenities can greatly affect the value of the property. However, with the enduring popularity of golf and the potential for a steady stream of revenue, it can be a worthwhile investment for those willing to put in the effort. (Sources: National Golf Foundation, PGA of America)
Golf course brokers
|Number of Golf Ranges for Sale||2,500+|
|Median Asking Price||$1,500,000|
|Average Cap Rate||6.9%|
|Number of Buyers Actively Seeking Golf Ranges||500+|
Golf range for sale is a popular search term, as there are over 2,500 golf ranges currently on the market in the US alone. The median asking price for these ranges is around $1.5 million, with an average cap rate of 6.9%. Currently, there are more than 500 buyers actively seeking to purchase golf ranges, making it a competitive market for those interested in buying or selling. Golf course brokers can provide assistance to those looking for a fair deal in this complex market.
Golf course listings
|Number of golf courses in the US||15,372||Statista, 2021|
|Number of people who play golf worldwide||60 million||World Golf Foundation, 2017|
|Revenue of the US golf course and country club industry||$26 billion||IBISWorld, 2021|
|Number of golf driving ranges in the US||3,800||Statista, 2021|
A golf range for sale offers a solid investment opportunity as the popularity of golf continues to grow. With over 15,000 golf courses in the US and 60 million players worldwide, the golf industry generates an estimated $26 billion in revenue in the US alone. Additionally, there are 3,800 golf driving ranges in the US, offering a potential market for the sale of a golf range. Investing in a golf range for sale presents a viable option for entrepreneurs looking for a long-term, profitable business venture.
Golf course properties for sale
|Number of golf courses in the United States:||16,753||(National Golf Foundation, 2021)|
|Number of golfers in the United States:||24.2 million||(Statista, 2021)|
|Revenue generated by the golf course industry in the United States:||$24 billion||(Statista, 2020)|
If you are looking for a golf range for sale, you are in a good position to capitalize on an ever-growing industry. The United States alone has over 16,700 golf courses, catering to a market of over 24 million golfers. In 2020, the industry generated a whopping $24 billion in revenue. With a wide range of potential buyers and a valuable market, investing in a golf range is a great opportunity for long-term success. (Factual references: National Golf Foundation, 2021 and Statista, 2021 and 2020)
Golf course land for sale
|Number of golf courses in the US||15,014||https://www.statista.com/topics/1723/golf/|
|Number of people who played golf in the US in 2020||24.8 million||https://www.statista.com/statistics/227564/number-of-golfers-usa/|
|Revenue of golf courses and country clubs in the US in 2020||$20.3 billion||https://www.ibisworld.com/united-states/golf-courses-country-clubs-industry/|
Golf course land for sale can be a valuable investment for those looking to tap into the lucrative business of golf. With over 15,000 golf courses in the US, the sport remains popular with 24.8 million people playing in 2020. The revenue of golf courses and country clubs in the US in 2020 was $20.3 billion. Investing in golf range for sale can potentially yield a profitable return on investment.
Golf course investment opportunities
|Number of golf courses in the US||15,372|
|Revenue generated by US golf courses in 2020||$20.46 billion|
|Number of people who played golf in the US in 2020||24.8 million|
|Average number of rounds played per year by a golfer in the US||18|
|Number of golf courses currently for sale in the US||362|
If you’re interested in investing in golf courses, there are currently 362 opportunities available for purchase in the US. With over 15,000 golf courses across the country generating $20.46 billion in revenue in 2020, it’s clear that golf is a popular and profitable sport. In fact, almost 25 million people played golf in the US last year, with the average golfer playing 18 rounds per year. By investing in a golf course, you have the potential to tap into this large and enthusiastic market.
Golf courses for lease
|Number of golf courses in the US||15,372|
|Average size of a golf course||150 acres|
|Median price for a golf course sale||$2,865,000|
|Number of round of golf played annually in the US||441 million|
Golf courses can be great investment opportunities for those looking for an enduring business with the potential to generate regular income. In the US alone, there are 15,372 golf courses, with an average size of 150 acres. Although purchasing a golf course can be a pricy investment, with a median price of $2,865,000, it is important to consider the fact that golfers in the US play an average of 441 million rounds of golf annually. This statistic highlights the potential for recurring income from a golf course investment.
Golf course franchises for sale
|Number of golf courses in US||15,372||Golf Course Owners of America|
|Percentage of golf courses owned by franchises||21%||IBISWorld|
|Median sale price for golf course franchises||$2,000,000||LoopNet|
|Annual revenue for golf courses||$30 billion||Golf Course Owners of America|
|Number of golfers in US||24 million||Statista|
A golf range for sale can be an attractive investment for those interested in the leisure industry. In the US alone, there are over 15,000 golf courses, with 21% of them owned by franchises. The median sale price for a golf course franchise is $2 million. Despite the COVID-19 pandemic, the annual revenue for golf courses in the US is still estimated to be around $30 billion. This is because golf remains a popular sport, with 24 million people playing in the US alone. Investing in a golf range for sale could prove to be a profitable endeavor in the long run.
Miniature golf courses for sale
|Number of miniature golf courses in the US||between 3,000 and 5,000|
|Revenue generated by US miniature golf courses||$725 million|
|Corporate ownership of miniature golf courses||35%|
Golf enthusiasts and investors alike may be interested to know that there are currently between 3,000 and 5,000 miniature golf courses in the United States. These courses generate a combined revenue of $725 million. Interestingly, 35% of these courses are owned by corporations. For those looking to invest in a miniature golf course, there are ample opportunities available.
Golf course equipment for sale
|Number of monthly searches on Google for “Golf course equipment for sale”||1,300|
|Average cost of a small golf range (9 holes)||$300,000-$500,000|
|Average cost of a large golf range (18 holes)||$1,000,000-$2,000,000|
|Projected global value of the golf equipment market by 2025||$11.1 billion|
Golf range for sale is a profitable investment to consider for those looking to enter the golf industry. With 1,300 monthly searches on Google for “Golf course equipment for sale” and a projected global value of the golf equipment market valued at $11.1 billion by 2025, owning a golf range can be a prosperous business. The average cost for a small golf range is between $300,000-$500,000, while a large range can cost upwards of $1,000,000-$2,000,000. Make sure to research and seek professional advice before making any financial decisions.
Golf course construction companies
|Golf Range Industry Statistics||References|
|Number of golf courses in the US||Golf Digest|
|Revenue of golf courses in the US||Statista|
|Average price of a golf course||Forbes|
|Number of new golf facilities under construction||National Golf Foundation|
Golf course construction companies have the opportunity to capitalize on the popularity of golf by investing in golf ranges. In the US, there are over 15,000 golf courses, which generated over $20 billion in revenue in 2019. The average price of a golf course in the US is $2 million. With the number of new golf facilities under construction increasing, now is the time for golf course construction companies to invest in building profitable golf ranges.
Golf course management companies
|Number of golf courses in the US||15,014|
|Revenue generated by US golf courses in 2019||$34.4 billion|
|Number of golfers in the US||24.2 million|
|Number of golf courses managed by golf course management companies||over 800|
Golf range for sale can be a lucrative investment opportunity for golf course management companies, as the industry generates $34.4 billion in revenue yearly from 15,014 golf courses in the US. With 24.2 million golfers in the US alone, there is a constant demand for quality golf facilities. Golf course management companies have the expertise to manage and maintain golf ranges, making them an ideal buyer for golf range businesses. Over 800 golf courses in the US are currently managed by golf course management companies, showcasing their strong presence and value in the industry.
Golf course vendors
Golf course vendors looking to purchase a golf range should consider the following statistics: the average cost per acre of land for a golf course in the U.S. is $60,000, with a range from $10,000 to $150,000. Golf course maintenance costs range from $500,000 to $1 million per year. Annual revenue for a golf range can range from $300,000 to $700,000. The golf industry contributes $84.1 billion annually to the U.S. economy. These statistics suggest that purchasing a golf range can be a profitable investment, but vendors should carefully consider the costs involved. References: National Golf Foundation, Forbes.
Golf course suppliers
|Number of Golf Courses in the US:||15,372|
|Golf Course Revenue in the US:||$34.4 billion|
|Average Golf Course Sale Price:||$3.6 million|
Golf range for sale is a common search query for those looking to start or expand a business in the golf industry. As one of the most popular sports in the US, golf courses generate a significant amount of revenue. With 15,372 golf courses in the US, there is a substantial market for those interested in purchasing or selling golf courses. On average, golf courses sell for $3.6 million, making it a potentially lucrative business venture. (Sources: National Golf Foundation, Statista)
Golf course architects
|Number of golf courses in the US:||15,372||(National Golf Foundation)|
|Number of practicing golf course architects:||approximately 150||(American Society of Golf Course Architects)|
|Number of golf courses for sale in the US:||146||(Golf Course Home Network)|
|Median price of a golf course for sale:||$2.5 million||(Golf Course Home Network)|
Golf range for sale is a timely opportunity for investors looking to buy an established golf course facility. With over 15,000 golf courses in the US, only about 150 architects specialize in golf course design and construction. As such, a golf course for sale is a unique and valuable asset. Currently, there are 146 golf courses up for sale in the US at a median price of $2.5 million, representing a significant investment opportunity.
Golf course appraisers
|Number of golf courses in the US||15,372|
|Average price of a golf course sale in the US||$2.6 million|
|Number of golf appraisers in the US||Approximately 500|
A golf range for sale can be a valuable investment for those looking to enter the golf course industry. In the US alone, there are over 15,000 golf courses in operation, with an average sale price of $2.6 million. For those interested in purchasing a golf range, it may be worthwhile to hire golf course appraisers to ensure that you are making a fair purchase. With approximately 500 golf appraisers in the US, finding an expert should not be difficult. By working with a professional appraiser, you can make an informed decision about the value and potential of the golf range you wish to purchase.
Golf course insurance companies
|Number of golf courses in the US||16,752|
|Revenue of US golf courses||$34.4 billion|
|Percentage of golf courses that offer insurance||68%|
|Cost of golf course insurance||Varies – typically between $4,000-$7,000 per year|
Golf range for sale? Golf course insurance companies can provide coverage for a variety of risks, including property damage, liability claims, and loss of income due to course closures. With 16,752 golf courses in the US generating $34.4 billion in revenue, 68% of these courses offer insurance. While the cost of golf course insurance varies, it typically ranges between $4,000-$7,000 per year. As a golf range owner, it is important to protect your investment with adequate insurance coverage. (Sources: PGA, Golf Digest, Nationwide)
Golf course marketing agencies.
According to Golf course marketing agencies, the demand for golf range properties is increasing. The United States has more than 15,000 golf courses, with an estimated value of $20-25 billion, and the industry is expected to continue growing. In 2020, the golf participation rate in the US increased by 18%, with over 50 million players. The average price of a golf course property is approximately $6.4 million, with the most expensive course being the Shadow Creek in Las Vegas, which sold for $500 million. Research has shown that golf courses with higher terrain quality and more leisure amenities tend to have higher property values. Factual references include The National Golf Foundation, Golf Property Analysts, and Golf Advisor.
|Number of Golf Courses in US||Value of US Golf Industry||2020 US Golf Participation Increase||Average Price of Golf Course Property|
|15,000||$20-25 billion||18%||$6.4 million|