KGEM Golf, Inc. (GolfSuites) is a new investment opportunity focused on bringing golf-themed entertainment, game improvement and fun, year-round to millions of people nationwide in a friendly, inclusive environment. Our goal is to improve on the “entertainment center” concept: golf experiences and game improvement, food and beverages, play, instruction and competition; for serious golfing or for just plain fun.
Simulations of Top Courses Will be Available in Our VIP and Instructional Suites
Over the last 20 years, traditional 18-hole golf course participation has been declining. This is due to challenges such as time commitments, weather conditions, membership costs and the required skills to master the game. However, overall golf participation has reversed this trend growing steadily over the last 5 years. For example, non-golfers who expressed an interest in playing grew from 8 million in 2013 to 15 million in 2017, according to the National Golf Foundation.
GolfSuites is working to capitalize on these trends with the added convenience of being able to participate at any skill level, for an hour, to all day or night. From kids just starting out, to professional level players, we will welcome all guests.
We are working to make golf more affordable, less time-consuming, more fun and welcoming to everyone of all skill levels.
At GolfSuites, you can expect architect-inspired driving ranges and putting courses, including "true green sites," short game areas and simulated hazard designs. Our launch monitor technology measures and tracks ball and club data within inches of targets, rather than yards.
Our centers will provide games, such as closest to the pin and long drive; in addition to skills challenges, like drive/chip/putt. GolfSuites will host competitions focused on both fun and skill development.
GolfSuites aims to provide the most realistic golf experience ever. This will include authentic premium golf
balls that perform at the highest level of feel and distance.
Sheltered arrival zones
Valet parking
Online and in-app reservations
Gaming lounge offering pool, pinball and more
Big screen TVs to watch all sports
Men's and Women's locker rooms
Child-care
Wi-Fi
GolfSuites is aiming to rapidly develop entertainment facilities. Revenue acceleration can be achieved by opening new centers in untapped metros and in areas where demand exceeds supply. GolfSuites will be focused on providing our guests with the most realistic, state-of-the-art, golf experience in private suites and more:
GolfSuites is where each of these experiences will happen, every day and night, paired with great food and drinks. And the best part may be that GolfSuites will ensure the same quality, rain, snow or when it's too hot to play outside!
Today we are presenting the opportunity for professional and accredited investors to invest in the parent, corporate company, KGEM Golf, Inc. (GolfSuites) in a $30 million Reg D offering.
In addition to participating in our anticipated growth, we plan to distribute a tax-free dividend at the annual rate of 8% paid monthly.*
KGEM Golf, Inc. (GolfSuites) intends for each of its six operating subsidiaries to launch Reg A+ offerings of up to $50 million per offering. Each subsidiary has been assigned by the parent corporation a different region of the United States to build and operate GolfSuites centers.
*Since the tax treatment of any distributions may vary according to the financial performance of the company, as well as the particular circumstances of the investor, investors should consult their own tax advisers, and should not assume that the distributions will be subject to the same tax treatment from year to year. KGEM Golf, Inc. will not generate revenues or profits until the company has built facilities, and there is no guarantee that those facilities will be profitable. The company will set aside a capital reserve as investments are received; dividend payments will initially be made from this reserve. There can be no guarantee of future profits. During the early years it is likely that dividend payments will be tax-free due to favorable real estate depreciation tax rules combined with the likely treatment of dividends as a tax-free return of capital to investors and thereafter as capital gains income for a limited period. The dividend will only be payable to the extent there are legally available funds. KGEM Golf, Inc. does not offer tax advice. Investors should consult their own tax adviser for information regarding their own tax situations.
Based on our research, revenue in our subsidiaries will be derived from food and beverages, golf activities, game improvement and ancillary sales (in that order). From fixed reservations, to teams, to competitions, to walk-ins, to private parties, the diversity of guest and corporate revenue we anticipate is vast.
Here are just a few:
GolfSuites' Golf Academy is designed by our PGA Professional and NBC Golf Academy Lead Coach, GolfSuites' Co-Founder, Kyle Morris. With Kyle's advanced training and coaching techniques, guests can improve their overall skills as well as their capability to practice with purpose.
The Golf Academy will enhance GolfSuites' ability to welcome all levels of golfers. From beginners to elite juniors to advanced professionals, players will be able to see continuous improvement in their swing, on-course strategy and ability to enhance their overall scores.
Our broad appeal is backed by demographic research of the nation's growing appetite for golf-themed entertainment facilities. There are factors that can accelerate market growth, where there is currently a shortage of supply to meet the demand of golf-themed entertainment centers.
Sources:
National Golf Foundation, Golf Industry Report, April 2019
IBIS World, Indoor Sports Facing the US, Industry Market Research Report, February 2018
Total golf centers built and in operating locations (based on press releases by TopGolf, Flying Tee, Big Shots and Drive Shack)
We plan to launch in metros with no competition and locations where our research points to unmet demand, compelling us to meet that demand and compete. Our centers and digital apps offer a differentiated experience including:
We will deliver superior technology via Doppler Radar-based launch monitoring, allowing guests to play with the most accurate ball-tracking and measurement within 3-4 inches.
Learning never stops with the GolfSuites Academy. We will provide a supportive and friendly environment and sophisticated simulation for serious game improvement or incremental learning, just for the love of golf!
Be it a VIP suite, participating in a competition, bringing the whole crew to play, a date, a seniors event or a family reunion, our guests will have the option to focus, interact with groups or enjoy a great meal and watch others play.
GolfSuites will specifically cater to the fastest growing segment of new golfers: women. There will be women-only, learn-to-play events, leagues and more.
Our chef-inspired menu offerings with regional specialties, farm-to-table sourcing and regional craft beers will make us known as a best-in-class, food and beverage destination.
24/7 the fun never stops. Our apps will be designed for fun and comparison, serious analysis, keeping score, tracking competitions, ranking and making reservations, and of course, ordering food and beverages.
KGEM Golf, Inc. (GolfSuites) was formed in 2016 to develop and operate a national chain of golf entertainment centers.
Our management team possesses a unique combination of real estate, finance, professional golf, construction, marketing, branding, experiential design and senior management experience.
© Copyright 2019 KGEM Golf, Inc.
(833) 424-7343 (833-4BIRDIE)
Effective January 28th 2020, the KGEM Golf share price has increased from $1.10 per share to $1.20 per share.
Effective December 18th 2019, the KGEM Golf share price has increased from $1.02 per share to $1.10 per share.
THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY STATE SECURITIES OR BLUE SKY LAWS AND ARE BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND STATE SECURITIES OR BLUE SKY LAWS. ACCORDINGLY, THE SECURITIES CANNOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE ACT. IN ADDITION, THE SECURITIES CANNOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE APPLICABLE STATE SECURITIES OR BLUE SKY LAWS. THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SEC, ANY STATE SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON THE MERITS OF THIS OFFERING OR THE ADEQUACY OR ACCURACY OF ANY OTHER MATERIALS OR INFORMATION MADE AVAILABLE TO SUBSCRIBER IN CONNECTION WITH THIS OFFERING. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.
THE SECURITIES MAY ONLY BE PURCHASED BY PERSONS WHO ARE “ACCREDITED INVESTORS” (AS THAT TERM IS DEFINED IN SECTION 501 OF REGULATION D PROMULGATED UNDER THE ACT).
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