The cost to build a standard 18-hole putt-putt golf course ranges from $250,000 to $500,000. This includes synthetic putting surfaces, tee boxes, loops, ramps, and windmills.
The price of land varies tremendously by state and region. Fortunately, courses can be built on as little as three-quarters of an acre.
To start a mini golf business you need:
- Purchase and installation of courses and obstacles: $50,000 to $100,000
- Construction and landscaping: $100,000 to $200,000
Land for shorter 9-hole courses can be 30 acres, an 18-hole executive course 75-100 acres, and a standard 18-hole course 120-200 acres. Building slopes increases costs dramatically, so flat land keeps costs down.
Is Putt Putt profitable? Yes, miniature golf is a very profitable business. Over 130 million people play mini golf every year, generating over $1 billion in revenue for the industry annually. A course can make well over $100,000 profit per year.
An 18-hole round takes 25-50 minutes to play and it costs $5, making it a cheap entertainment option. Regularly playing mini golf can help your putting by improving the analysis of slope, position, and speed.
Conventional financing or commercial loans are options to fund a golf course. In Europe, average 18-hole development costs vary from €1.5-5.3 million.
Income streams are:
- Green fees
- Membership
- Pro shop sales
- Food and beverage sales
Backyard putt-putt courses can be designed and built at home for low cost. Mini-golf is called putt-putt because the only club used is a putter, and the only type of shot is a putt.