How did you fund your startup?
This is for the golf sim business owners who started their own. Not the franchises. I see so many people on here starting with 6+ bays right off the bat. I’ve run the numbers on ALL of the expenses to start….. and…. Unless you were sitting on $40K for a cash equity injection for a business loan…. How did you do it?
I’m looking at starting small with two bays. Trackman IO (I’m not cheaping out on the sims, thats one of the top complaints from customers is cheap sims)…. Two bays, small lounge area behind the bays and a small bar. Nothing crazy. 24/7 access for members. Walk in hours for non members.
I’ve run down all the rabbit holes for funding the startup. Grants are next to impossible. Banks won’t lend to non-revenue producing businesses. And even if they do they want a pretty penny for equity to start.
I’m very passionate about sim golf and starting this business. What is the secret that I can’t seem to crack?