Nelson's Old West Hardware

Need to raise $232000 for golf simulators and the remaining for renovation cost.

     First off, here is a revenue breakdown. 70hrs per week per simulator @ $50 per hr =$3500, multiply X 4 = $14,000. That is $728, 000 per year. Now that is running at max hours per day. Now at 75% = $10.5k monthly and $546,000 yearly. Now at 50% = $7k monthly and $364,000 yearly.  Now worst case is 25% which works out to $3.5k monthly and $182,000 yearly.   The money requested,$232,000 would buy 4 simulators ($58,000 installed each) plus some renovations that may be needed to provide a friendly, welcoming atmosphere and experience.
  The simulators (Trackman) can pay for themselves in about 9 to 18 months under the best circumstances. Worst case 3 to 4 years depending on terms of the investment.

   We are a small town hardware store with a loyal clientele. Our business now includes hardware,  pet supplies and a Vendor Mall. We are steering away from hardware somewhat (most needed products with good turns) because the competition is too great for a mom & pop store. We need to offer something different for the surrounding communities in our area. The survey has generated a lot of excitement for this type of business. We feel very positive about bringing this type of entertainment to this area. North Idaho is a very popular retirement destination, these are the people that could play a big part in our success, but the younger adults are the ones spending more than average on entertainment.

   The building is separated by 2 parts, the old historic building and a back room build in the 1990's.
It totals 5700 sq. ft., spilt in half. We want to create a indoor golf simulator business in the newer half of the building. We are right in the middle of 2 golf courses where the people living around the area have to travel 25 to 40 miles to golf in the wintertime, which being in a snow belt we have usually longer winter months. This is an experience that I have participated in during the cold and wet months,  practicing and league nights.

  We will offer lessons, leagues nights, family fun events and regular golf practice by the hour ($40-50 per hr).  The players can play a round of golf from the bay at your range trying out icons of the game like PGA National, Liberty National and Ryder-cup host Valderrama. There are many courses to choose from and they are all rendered by the Trackman team to extraordinary definition. It’s virtual, but it’s incredibly real.   It has some brilliant games including, Closest to the Pin, Bullseye, Hit it! and Capture the Flag that are fun, interactive and a great way of improving your game. It doesn’t matter whether you’re a seasoned pro or a complete beginner. These are games for everyone .

   We would expand into golf accessories and summer fun items at some time as we get established.

   We want to work with the Maine St. Food establishments to offer delivery to our building which is no further than a block. They are all for it. We have Pizza, Mexican, Burgers, Brats and typical bar food. 

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