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How to Start a Golf Store
How to Start a Golf Store
23 s2 expert advice25,510 views
Are you a golf enthusiast? Is golfing your passion? Do you want to profit in the sport that you and so many others love to play? Do you think you can manage your own golf store?
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If you do then here are a few tips to get you started with your own golf store. With over thirty million golfers in the United States alone, no one can seriously say that getting into the golfing business is not profitable. This is especially true now as more and more people are joining the ranks of the golfing population. Any budding entrepreneur looking to break into the golfing industry already has a wide variety of businesses to choose from. From golfing ranges to golfing lessons and golfing equipment stores, entering the golfing business truly profitable.
If you are thinking of starting a golf store then here are a few things that you should first consider. Any good golf storeowner must have an adequate knowledge of golf as a sport. He must at least be able to play golf and be familiar with the needs of a golf player. In this way, he knows what goes on inside the potential customers minds and he would be better equipped in answering the golfers needs. It is also a must that a golf storeowner be very familiar with the varying golf equipment and accessories that are out in the market today. It is therefore the first step for any entrepreneur to gain knowledge about the golfing industry.
The Golf Store Business Plan
After getting acquainted with the basics of golf and golfing equipment, an entrepreneur must start planning the golf store. Since an entrepreneur starts a business to earn profits, it is important to make goals and projections of the business. Bear in mind that in starting golf store, 89% of what your golf store would turn in as gross revenue would go to the expenses of the golf store. That means that the profit margin of the golf store would only be around 11%. It is also important to know what your golf store would be selling. Golf equipment is varied and a golf storeowner can choose to focus on only one or some of the equipments. You can choose to only focus on golf clubs and offer both brand new and old golf clubs. You can also choose to focus on golfing apparel and accessories. Whatever you choose would all depend on your expertise and overall goal for your golf store.
Making your Golf Store Stand Out
It is also important to make your golf store stand out. You can choose to partner with nearby golfing ranges or golfing schools to carry and advertise your products. You can also put in some golf nets so that customers can try your golf clubs before buying them. You can even add repair services as well as offer customized equipment to your customers.
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23 sWilliam Breckenridge Gardner said on July 3, 2008Should I entertain the idea of taking on investor’s?francistan said on May 5, 2009I want to know more about opening up a golf Store.Hylton Nickisson said on October 13, 2009Hello I would like to know all the costs of opening a golf shop. I would like to know who to contact in Johannesburg. thanks, regards, Hylton NickissonLeungo said on January 21, 2010Hi! my name is Leungo, i live in Gaborone the capital city of Botswana. i will like to start a Golf shop because there is shortage of shop which sell golf equipments therefore i will like to know how much is to start one! i will like to sell shoes, bags and clubs!
Karl mcandrew said on March 11, 2010Hello, my names karl and I’m seriously considering starting my own golf store in the midlands, uk… Just can’t seem to find out how/where to buy the proposed equipment for my store, do I need liscences from callaway/ping etc… If so how do I get to the source?Steve Jankowski said on March 16, 2010How do i get started? Where do i begin? How do i attain the right golfing equipment from the top brand names?Charles Roberson said on May 19, 2010I want to open up a golf store in Richmond Hill, GA (USA) and need information on how to get started and where to buy equipment/apparel.Will Watkins said on July 16, 2010Hello, my name is William Watkins, I would like information on how to open a golf shop in Logan WV, USA, there’s no golf shops around here that has any kind of selection. I would like to be able to offer apparel and equipment. And eventually be able to repair clubs as well. Need to know where to start, do I need license from each golf club manufacturer?Jordon S. said on January 1, 2011Hello, my name is Jordon Styrk. I like the rest of the s above, am interested in opening a store. I will be looking to encompass everything you could offer. From custom club ordering to club repair, electronic golf instruction/lessons, etc… Generally speaking what is the overhead for product only and where can I find the information for ordering said product?shaun said on January 21, 2011thinking of starting a golf equipment shop in the uk but finding it hard to come across suppliers of top brand equipment.anyone know of wholesale suppliers for the tradeDave Donaldson said on February 3, 2011I would like to open a golf shop in harford county MD. I would like information about how to carry all the major club clubs and if I would be able to custom build lesser known brands while carrying the major brands. any information you could provide would be greatly appreciated. Thank youkenny beginner adviser said on June 19, 2011Hello, If you are in the UK and want to start a golf shop, please message me, I can help you with a great start up deal that will allow you to realise the dream.
admin@uklongdriveseries.comJon said on November 22, 2011Where do I buy legit golf clubs (not knock offs) at wholesale prices? Any good websites?john migliore said on January 10, 2012Hello, my name is john migliore I would like information on how to open a golf shop in melbourne east there’s no golf shops around here only on the course’s I would like to be able to offer apparel and equipment. Need to know where to start, do I need license from each golf club manufacturer?Dominic Trevino said on February 27, 2012Hello, My name is Dominic Trevino and I would like information on how to open a golf shop in Lakeview Michigan. There are no shops within 40 miles in any direction of Lakeview. I would like to be able to offer apparel and equipment. At some point I would love to expand. I need to know where to start. Do I need license from each golf club manufacturers? Do I have to be license in any way? Love to hear back from you. Thanks, Dominicchris said on February 28, 2012I am interested in starting a services business for golf like lessons, training aids, etc…can anyone give me suggestions. Please email me
Chris
koji saito beginner adviser said on December 20, 2012For all who are thinking of opening a golf store be careful. I have worked at golf stores and courses for 20 years and it is a tough business. The peak of golf was 1986 and has been on a decline since. The number of off course golf stores has dropped by over 50% since 1986. The margins suck.Rajesh nair said on January 4, 2013Hi I am from Dubai, have passion for golf and am well versed with golf clubs, accessories and golfing. I would like to start up a golf shop in india, preferably pune or Mumbai or Bangalore. I need to know where to start……the sellers of equipment, accessories and apparel a etc…how much is the profit in this business…..what is the initial investment and how long is the pay back period. Appreciate your feedback.Kevin Evans said on January 5, 2013Hi I am from Liverpool in the UK, have passion for golf and I would like to start up a golf shop in online in Liverpool. I need to know where to start looking for the sellers of equipment, accessories and clothing. Knowing what is the typical initial investment and how long is the pay back period would be beneficial, I am targeting beginners predominately and kids, kitting them out with equipment. Appreciate your feedbackvertis holley said on August 13, 2013Hi, i’m Vertis holley im from Aiken SC USA 29803. I am interested in opening my own golf pro shop store and would like some tips on how to get started. also i would like to find out how to get inventory stock of the store.jeff malloy said on March 31, 2014Hi i absolutely love golf to death and a lot of people are taking up the sport here in my hometown but zero golf shops except for the expensive 18 whole country clubs. my question would be how do i go about opening and is it a good investment or just gonna be a big headache?Jack Kennedy said on December 12, 2014Liverpool, UK. I need advice on how to promote a golf store, what are the most beneficial and also the cheapest?terry mckinney said on July 14, 2016I want to start a small golf shop and just needing some ideas and direction , I live in a small area its in saint albans wv , we have a lot of small courses in the area and no shops ! so I think it would be a real winner (All the above fields are required.)
How to Start a Golf Store
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