Proposal: To become a local and national leading Indoor golf destination with 3-4 facilities over 5 years, and 10 plus facilities in 10 years.
Market Opportunity: With a growing demand for both indoor golf and indoor entertainment, there is currently a significant gap in the greater Los Angeles market for a high-end indoor destination creating an experiential environment.
Competitive Advantage: An experienced team who has designed, built, and operates a premium four bay indoor facility in Thousand Oaks, CA. Our team is prepared to expand and elevate our concept to a larger market with ten times the population, limited public golf courses, and less favorable weather conditions throughout the year. With a proven operating concept, our team is ready to bring the next evolution of SVN2 to fruition.
Financial Forecast: Based on averaging a conservative, moderate, and aggressive P&L forecast, each operating facility can produce an annual profit of $600,000 plus.
Funding Request: $1,285,948 - Tenant Improvement, Technology, Three Months Operating Expenses, and Pre-open Marketing & PR budget.