2 Golf Course Business Success Stories [2024]
If you are a golfer, it is easier to fall in love with owning a golf course. A golf course business can be a passive idea and a great retirement plan.
To start, you can purchase a ready golf course. Alternatively, if you own a piece of land, you can do your golf course. The golf course is a passive source of income and similar to real estate, and its value increases over time. Therefore, the golf course business idea can be a profitable and secure investment.
In this list, you'll find real-world golf course business success stories and very profitable examples of starting a golf course business that makes money.
1. BombTech Golf ($12M/year)
Sully, the founder of BombTech Golf, came up with the idea for his business after realizing the need for premium golf clubs designed specifically for "regular" golfers. He started by wholesaling and building custom golf drivers, and after receiving his first sale notification while on a boat, he knew that he had found his calling. Sully then collaborated with engineering students at the University of Vermont to design his first product, the GRENADE, and launched his online store by involving his small audience in the design and production process. With a focus on Facebook marketing and building a loyal customer base, BombTech Golf has enjoyed success, and Sully now works only 2-4 hours a week on the business, allowing him to pursue other ventures like his consulting business, EcomGrowers.com.
How much money it makes: $12M/year
How many people on the team: 2
BombTech Golf is an ecommerce business that sells premium golf clubs direct-to-consumer; the BombTech Driver, which was the company's flagship product, was launched in 2017 and contributed to $6.3 million in sales that year, with the founder having designed the club with the help of engineering students at a local college before using Facebook to engage his audience in the design and production process.
2. Live Tourney ($36K/year)
During COVID lockdowns, Matt Robinson, a 29-year-old software engineer obsessed with golf, saw the need for a simpler, more affordable tournament management tool when his home course's head pro mentioned issues with existing options. This led him to create Live Tourney, now rapidly growing with $18K in revenue in January 2024 alone.
How much money it makes: $36K/year
How much did it cost to start: $250
How many people on the team: 1
Golf course software startup Live Tourney saw $18k in revenue, with $3k MRR after launching in 2023, focusing on a simple web-based live leaderboard solution for golf events and targeting customer growth through cold calls and innovative recruitment strategies.
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