Our selling clients are founders and former consultants to GolfSuites. GolfSuites is a thriving sports and entertainment startup with positive cash flow and robust growth. For the calendar year 2023, revenues were $9,950,735.
Like TopGolf, GolfSuite is an entertainment golf firm that owns, leases and operates outdoor and indoor golf driving, dining, and entertainment centers. However, GolfSuites’ business model has advantages over TopGolf, including its technologies, venues, locations, and costs. GolfSuites’ smaller facilities can be built and opened much faster, boasting better economics. Thus GolfSuites boasts 40% gross margins, well ahead of those of Topgolf’s massive venues.
Currently GolfSuites owns, operates, and leases six locations, which include Tulsa, Lubbock, Baton Rouge, Madison, Auburn, as well as a City Club in Saint Petersburg, Florida.
GolfSuites' CEO has stated that the company's strategy is to build enough facilities to be either ready for an IPO on the NASDAQ, or for a buyout.
Our selling clients hold unrestricted shares in the parent company. Seeking near-term liquidity, they wish to sell an initial position of 4.4 MM shares of GolfSuites in the first round, with the potential of adding a second round of 1.5 MM shares after the first closing.
For more information and for a package of documents pertaining to this opportunity, please contact us at info@auroracapital.us or leave a comment in our Contact section, and one of our Principals will get back to you directly.