Since Callaway is already a publicly-traded company under the ticker symbol “ELY” on the NYSE, Topgolf will go public through the merger deal when it’s official.
Who owns Topgolf?
California-based Hanley Investment Group has listed Topgolf, which opened in February at 1600 Desert Surf Circle NE. Scott Reid of ParaSell Inc. is listed as the broker of record for the 25,000-square-foot property.
Is Topgolf private or public?
Topgolf garnered an investment from Callaway in 2006 and expanded to the United States, now the primary market for the company. Remaining privately-owned during those two decades, the company built locations in every region of the country. Topgolf began looking at an initial public offering in 2019.
Is Topgolf a good investment?
While a hefty sum to build, the average Topgolf facility returns roughly $21.5 million a year (adjusted for inflation). About half of that revenue is generated from food and drink, and the other half is made from customers paying for a Topgolf bay, for which they pay $30–$50 an hour.
Where is the corporate office for Topgolf?
Company Description: Top Golf USA Inc. is located in Dallas, TX, United States and is part of the Other Amusement and Recreation Industries Industry.
Is Topgolf International?
Topgolf is a global sports entertainment company headquartered in Dallas, Texas with locations in the United States, United Kingdom, Australia, Mexico and the United Arab Emirates.
What is Topgolf revenue?
Topgolf brought in $418 million in revenue for the combined company in the first six months of 2021, according to a recent filing with the U.S. Securities and Exchange Commission.
Is Callaway a public company?
Callaway Golf Company is an American global sports equipment manufacturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls, also including accessories such as bags, gloves, and caps.
Callaway Golf Company.
Can I own a Topgolf?
The cost to open a Topgolf franchise is around $18 million. However, the typical cost to build an average franchise, such as the Austin Tx facility, is about $15 million. … And, by following the franchise, you can be sure to make a lot of people very happy and make a good return on your investment.