When I think about the golf industry over the past 20-years I have been a part of, technology pops into mind. GolfSuites is ready to deliver the next-gen of golf technology through entertainment, a game improvement center and computer tracking featured in high-tech facilities located worldwide. The first thought I and maybe you have about this investment story is TopGolf, an almost identical sports tech enhanced, golf driving range business concept minus the dedicated suites and measurement within inches rather than feet, from what I can tell. The market for golfing entertainment and a unique customer experience is improving and GolfSuite’s feels hundreds if not thousands of these facilities can be built to handle to need. Jerry Ellenburg, Chairman and CEO at GolfSuites said, “Currently, only 5% of that market has been built.” The game needs new markets and players, a fact GolfSuites wants to help facilitate. Will using authentic premium golf balls, games focused on fun and skill development packed into a more than 300 yard long driving range inside a two – four level structure, while measuring and tracking golf balls, do it? Doppler radar based launch monitor technology and premier public and provide VIP hospitality are at the core of this exciting offering and investment opportunity. The Sports Techie community blog has not spoken to anyone associated with GolfSuites but it is easy to see how this business concept is family fun for all.
MISSION
To provide a fun, inclusive and engaging golf-themed entertainment facility centered on gaming, hospitality and game improvement while helping to grow the game of golf.
Golf Technologies, Metrics and Gamification
The exclusive Golf Academy is based on PGA® Professional, NBC Golf Academy® featured instructor and GolfSuites Co-Founder Kyle Morris and his successful studio, The Golf Room, in Columbus, Ohio.
The Golf Room is a GolfSuites partner and located on the ground floor. It packs state-of-the-art, real-time game simulation to the operation for a tour like environment. Morris said, “Our facilities will provide the most realistic golf experience possible,” ready to measure and track golf balls to within inches of a target for beginners, casual and serious golfers alike while playing simulated golf on famous golf courses.
The Golf Room also provides swing instruction, fitness and rehab, mental training, advisory services, and college golf recruiting for elite juniors, as well as golf club and equipment fitting. Gamification can be shared across social media.
Ball flight and club data include, club speed (mph), attack angle (deg), club path (deg), face angle (deg), swing direction (deg), ball speed (mph), smash face, launch angle (deg), spin rate (rpm), height (feet) and carry (yards).
Additional Features:
- “True” Green Sites
- Short Game Area
- Simulated Hazard Designs
- Featured Driving Grid – For Tee Shots and Long-Drive Contests
- Games – Close to the Pin, Drive, Chip and Putt, and Team Events
- Holistic Training at the Academy with Swing Analysis and Coaching
Personalized Experiences
Each of GolfSuites facilities will have 60-100 climate-controlled, semi-private standard and private, ungraded golf suites complete with in-suite gaming, charging ports for digital devices and tablets, superior WI-Fi, and premier food and drink services.
VIP Hospitality includes chef inspired menus, farm-to-table sourcing, signature cocktails and local craft beer.
There are also both Men’s and Women’s Member locker rooms on the first level.
Look for sheltered arrival zones, valet parking, and online reservation systems too.
Find Your Suite Spot Investment
Funds from raising private and public capital are to be used to develop golf entertainment facilities.
There are crowdsource, Regulation A and D 506c investment opportunities.
This offering for GolfSuites 1 has been qualified by the SEC to sell shares under Regulation A+ to investors of all wealth levels. The company intends to raise up to $50M. Investors will be paid an annual dividend of 8% invested capital, paid monthly.* For many investors, the dividends may be tax-free for several years.** (See website)
Share price is $5. Minimum investment price is $500 per investor. Today the offering is an investment in GolfSuites 1, the Midwest region. They intend to add five additional regions, subject to the SEC qualifying their Regulation A+ filings.
As part of their intended Reg A+ offering for GolfSuites 1 and intended offerings for other GolfSuites entities, investors will own shares of Preferred Stock in GolfSuites, and if funds are legally available, will be paid monthly dividend payments form the time of investment starting one month afterwards, calculated at an 8% annual rate. Based on investment level, investors will also qualify for special membership benefits and facility access, branded merchandise, food and beverage credits and other select personalized recognition items.
Invest in GolfSuites through Manhattan Street Capital.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM: •
WWW.ManhattanStreetCapital.com/GolfSuites
YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.
Visit GolfSuites at https://www.golfsuites.com
Sports Techie, the lounge area is designed for entertainment and parties for families, corporate and team building needs.
I like the branding and activation hashtag in use, #FindYourSuiteSpot.
Consider this investment wisely.
Is GolfSuites the next TopGolf or something different, or does it even matter because the growing golf entertainment and game improvement markets are growing because of advanced sports tech making the future bright.
Fore!
See you later sportstechie in Seattle, Atlanta and around the world!
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