Golf is a growing and increasingly diverse industry. 2.6 million golfers played in the U.S. for the first time in 2018 making it the fourth consecutive year that number increased. With an increasing number of people playing golf, totaling about 33.5M participating in golf in the U.S. in 2018, so is the number of people seeking discounted rates and offers.
This business offers a golf membership program that provides discounts to its members and free marketing to its golf course/retailer network of businesses which offer the discounts to the end-user members. It generates revenues primarily through annual membership fees. The business is operated by one owner working a couple of hours per week handling the monthly article and newsletter, bookkeeping and some customer emails along with a PT employee working 8-10 hrs/wk handling order fulfillment, customer contracts and process improvements. It requires minimal effort in terms of operations and has very low overhead resulting in high profit margins of 70+%.
Key Benefits include:
With the huge number of golfers in the U.S., there is tremendous potential to grow membership levels and expand the business!
Sale Pending: No
First Seen: Thu, Dec 5th 2019
Last Updated: Tue, Feb 25th 2020