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re: Topgolf proposed in new orleans

Posted on 3/2/17 at 10:47 am to
Posted by Fun Bunch
New Orleans
Member since May 2008
131661 posts
Posted on 3/2/17 at 10:47 am to
quote:

I don't know where else they'd put it that would've been better for business.


Near the Convention Center...but that land might not be acquirable.
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 3/2/17 at 10:49 am to
quote:

Top golf is so 15 years ago



They opened a second one in Atlanta in a more downtown area. The other is in the burbs just outside the city. It's been open about a year. The wait was 4 hours at 4:30 the other day and they told a guy 6 hours around 6:30. it aint going anywhere

Posted by TIGRLEE
Northeast Louisiana
Member since Nov 2009
31493 posts
Posted on 3/2/17 at 10:52 am to
quote:

Lol. No. TopGolf's business model has zero to do with college students.


Until of course it comes to a town with 30k base college enrollment.

I dont see it making it in Nola or br to be honest.
Posted by NOLALGD
Member since May 2014
2790 posts
Posted on 3/2/17 at 11:00 am to
quote:


Until of course it comes to a town with 30k base college enrollment.


I agree with you here, in face New Orleans probably is closer to 40,000 just from Tulane, Loyola, LSU Health Sciences Center, UNO, Xaiver NO (could actually walk) and Dillard.
Posted by TIGRLEE
Northeast Louisiana
Member since Nov 2009
31493 posts
Posted on 3/2/17 at 11:11 am to
I've played at both ones in Dallas and it just seems like you really need lot of folks swinging golf clubs and drinking beers to pay for the thing and stay in business.
I love them and hope it comes to la.
I just wouldn't want it to be my money invested in it.
Posted by mpar98
Baton Rouge
Member since Jan 2006
8041 posts
Posted on 3/2/17 at 11:14 am to
quote:

I dont see it making it in Nola or br to be honest.


are you clairvoyant?
Posted by Tiger Prawn
Member since Dec 2016
26318 posts
Posted on 3/2/17 at 11:21 am to
quote:

I've played at both ones in Dallas and it just seems like you really need lot of folks swinging golf clubs and drinking beers to pay for the thing and stay in business.


The one in Houston almost always stays crowded...I don't think TG in NOLA would have much trouble getting enough people to come swing golf clubs.

$40 an hour just for the cost of renting the booth (which is almost pure profit since the equipment is re-used over and over for a long time before needing to be replaced). Plus food and drinks that have a big markup. They're going to make a bigly profit at that place.
Posted by RealityTiger
Geismar, LA
Member since Jan 2010
20543 posts
Posted on 3/2/17 at 11:25 am to
Are you surprised though? Louisiana is one of the states in this country to be dead last to get anything.
Posted by lsupride87
Member since Dec 2007
112532 posts
Posted on 3/2/17 at 11:30 am to
quote:

They're going to make a bigly profit at that place.
The problem is it likely takes about 10 years to recoup your initial investment and truly turn a profit. That is a big risk. Yes, it will kill it for a while, but I would be nervous to have my investment tied up for 10 years in any entertainment style venture.
This post was edited on 3/2/17 at 11:30 am
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 3/2/17 at 12:17 pm to
quote:

The problem is it likely takes about 10 years to recoup your initial investment and truly turn a profit.


not even close. They are making 20+ million a year in revenue per location(some over double that), with the majority of that being booze sales(10-20% cost).

6-10 million in cost to build plus land usually.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151528 posts
Posted on 3/2/17 at 12:32 pm to
quote:

Until of course it comes to a town with 30k base college enrollment.
do you have a clue how many students are enrolled in college in Orleans parish?

Posted by lsupride87
Member since Dec 2007
112532 posts
Posted on 3/2/17 at 12:37 pm to
quote:

6-10 million in cost to build plus land usually.

Cost around 20 million as total investment on average....

It ain't going to be a quick recoup by any means....
Posted by DCtiger1
Member since Jul 2009
11912 posts
Posted on 3/2/17 at 12:53 pm to
quote:

I've played at both ones in Dallas and it just seems like you really need lot of folks swinging golf clubs and drinking beers to pay for the thing and stay in business.


The appeal of Top Golf is what makes it so successful. You can be Susie homemaker who has never touched a Golf club and still have a good time. When I lived in ATL, the Alpharetta location had waits of 3 1/2 hours on weekends and people were in the bar drinking just waiting for a stall.

We have had several business outings at the Allen location, and I can promise you that place stays busy.
Posted by RJL2
Bruno's Tavern
Member since Apr 2015
1934 posts
Posted on 3/2/17 at 3:54 pm to
Waldo is that you?
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17753 posts
Posted on 3/2/17 at 4:01 pm to
I think the success of places like Barcadia, Rock n Bowl, and Fulton Alley prove that bars combined with gaming can be successful in Nola

Posted by Loungefly85
Lafayette
Member since Jul 2016
7930 posts
Posted on 3/2/17 at 4:10 pm to
What's the beer selection like at these places?
Posted by Rox
Member since Oct 2010
33333 posts
Posted on 3/2/17 at 4:20 pm to
I went to TopGolf for the first time this weekend in Austin. Having never hit a golf ball before, I had a blast, and started whooping the guys asses. It was kinda off the beaten path in Austin, but it was PACKED.

I am not sure what better location people think NOLA could offer up, I think the Times Picayune building would be pretty cool seeing downtown from a distance, and it's not like it's a horrible drive IMO. You need a place with a lot of space and a huge parking area.

I also think the NOLA Market is great for it, we saw so many different walks of life out in Austin at it.
Posted by LNCHBOX
70448
Member since Jun 2009
89369 posts
Posted on 3/2/17 at 4:21 pm to
quote:

Having never hit a golf ball before, I had a blast, and started whooping the guys asses.


This sounds a little far fetched.
Posted by Rox
Member since Oct 2010
33333 posts
Posted on 3/2/17 at 4:23 pm to
It's not!!! I have pics of the score sheets!! You just keep your eye on the ball.
Posted by lsupride87
Member since Dec 2007
112532 posts
Posted on 3/2/17 at 4:24 pm to
quote:

It's not!!! I have pics of the score sheets!!
No offense, but you hang out with some really nonathletic excuses for guys
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