Unit Economics

A month in the life of a five-bay Shotgun Golf at three levels of occupancy, before financing, your own draw and tax. Revenue is bay bookings plus events, rentals and memberships; costs are the real operating lines from our model, including rent at $23/sq ft net plus $14/sq ft TMI on 2,500 sq ft.

Monthly, in Canadian dollars, once the location is up to speed. Operating cash flow (EBITDA) is before financing, your own draw and tax.
ScenarioRevenueCOGSRent + TMIRoyalty + mktgSoftware, utilities, otherEBITDAEBITDA margin
Low (18% occupancy)$22,500$3,400$7,700$2,250$3,800$5,35024%
Base (25% occupancy)$30,000$4,500$7,700$3,000$3,800$11,00037%
High (35% occupancy)$40,500$6,100$7,700$4,050$3,800$18,85047%

Build-out vs. revenue

What you put in to open, next to what a five-bay location can bring in during its first year at each occupancy level.

What the model assumes

Bays
4 open + 1 private
Average blended rate
$22–$27/hr public, $24–$29/hr private; winter pricing higher
Occupancy modelled
25% base case on 24 available hours/day
Ramp-up
60% / 80% / 100% of run-rate over the first three months
Rent
$7,700/month gross, 4 months rent-free on base rent

A note on the numbers. The figures on this site are illustrative, drawn from our own operating model for a five-bay Ontario location. They show how the business works, not what any individual location will earn. Your Franchise Disclosure Document is the definitive reference, and where anything here differs from it, the FDD applies.

How the brand helps you finance itRequest the FDD