What companies does Topgolf own?

What company owns Topgolf?

With the acquisition complete, Callaway shareholders own 51.3 percent of the combined company and former Topgolf shareholders own 48.7 percent. Topgolf operates about 60 venues in North America.

What brand are Topgolf clubs?

TopGolf, which is owned in part by Callaway Golf, uses Callaway golf balls. They have the TopGolf logo on one side, and the Callaway Golf logo on the other. The balls have a small sensor chip embedded inside them that can determine the speed, spin, and distance it flies.

Is Topgolf in debt?

“Topgolf was substantially impacted by the coronavirus outbreak which led to negative EBITDA LTM as of Q3 2020 with over $500 million of outstanding debt in addition to operating leases and landlord financings related to its venues.

Is Topgolf a private company?

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.

Who is Topgolf competitor?

TopGolf’s top competitors include Diamond Resorts, The Trump Organization, GameGolf and Salamander Innisbrook. Topgolf is a golf entertainment venue. Diamond Resorts (also known as Diamond Resorts International) is a timeshare company.

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How much does a Topgolf franchise owner make?

How Much Does a Topgolf Franchise Owner Make? The average annual salary for a Topgolf owner is approximately $58,000 per year. On top of this, the owner also can expect to receive additional payments in the form of profit bonuses that the Togolf facility makes in any trading year.

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.

Who is Callaway owned by?

Callway markets its products in more than 70 countries worldwide. The American company, based in Carlsbad, California, is the world’s largest manufacturer of golf clubs.

Callaway Golf Company.

Type Public
Founded 1982
Founder Ely Reeves Callaway, Jr.
Headquarters Carlsbad, California , U.S.
Area served Worldwide

Does Topgolf use special balls?

Topgolf offers a wide selection of games that utilize micro-chipped golf balls and Toptracer technology (select venues) to keep track of every shot. … In our signature game, players score points by hitting balls (assigned using our microchip technology) into any target.

Does Topgolf have Callaway clubs?

Berle: I should say that in every Topgolf venue, there is the ability to upgrade to premium clubs. And all of our premium clubs are already Callaway.

How many people attend Topgolf a year?

Topgolf has 63 locations around the globe – including a robust pipeline of new openings – serving more than 23 million guests in 2019 with more than 50% of consumers identifying as non-golfers.

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How many people visit Topgolf a year?

More than 13 million customers visited Topgolf in 2017, a daily average of 35,000, with 17 million visits projected for this year. And Topgolf is broadening its game too. Topgolf Swing Suite simulators are popping up in hotels and other sites.