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GolfSuites 1

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Invest in the Nationwide Future of Golf

Monthly Dividends Paid at an Annual Rate of 8%*

Reg A+ Offering is Closed

We are happy to announce that our GolfSuites 1 Reg A+ offering has closed as of Wednesday May 20th. Please follow us on Facebook or Instagram to say up to date with GolfSuites!

GolfSuites is a new investment opportunity focused on bringing hybrid-golf centers for year-round play, entertainment and game improvement, to millions of people nationwide, in a friendly environment. We are designing guest experiences for: playing golf, world-class instruction, premier food and beverages, organized competitions and team practice, introducing golf to new players or for just plain fun!

We accept Debit Cards, ACH, Check, Wire, Apple Pay and Google Pay.
We also accept investments from Self-directed IRA accounts.

How Are We Different From Our Competition?

The golf driving range entertainment industry was launched by TopGolf, a national chain with proven results. With a proven demand for golf entertainment facilities, we see demand exceeding supply and thus room in the market for competition. We have studied our competition and have found a number of core areas that can be improved upon in the industry. GolfSuites is dedicated to providing a more golf-centric approach, offering all of what the competitors offer, but with more features catering to golf enthusiasts. This includes our professional golf academy offering all levels of instruction which is led by Golf Pro Kyle Morris, real top-grade golf balls and Doppler-based ball tracking, just to name a few. And with GolfSuites, investors have the opportunity to take ownership of their own piece of this growing and exciting new market segment.

GolfSuites: The Suitest Experience

Specialized Offerings with Broad Appeal

  • Private, semi-private and VIP bays
  • A 275-300+ yard range, tracking every swing and shot within 3-4 inches
  • Professional-level game improvement, coaching, training and competition
  • Top-of-the-line food and beverage services
  • Online and in-app reservations
  • Convenient playtimes to enjoy as little as an hour of play or stay all day and evening
  • VIP hospitality and memberships
  • Organized competitions
  • Sheltered arrival zones
  • Valet parking
  • Locker rooms

We are working to make golf more affordable, less time-consuming, more fun and welcoming to all skill levels and ages.

GolfSuites is IN DEMAND


In most of the country, the outdoor golfing season is limited, leaving much of the year without play. Even in the best climates, wet conditions, heat and lack of daylight can limit play. Long time commitments and high costs are also among the contributing factors to the closure of traditional courses even as interest in playing golf is on the rise.***

***Source: IBIS World, Indoor Sports Facilities Management Industry in the U.S., Industry Market Research Report, February 2018

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 participating at any skill level, for as little as an hour.

At GolfSuites centers, you will be able to play, take lessons or join a competition, rain or shine and even at night. From kids just starting out, to professional level players, we will welcome guests of all skill levels and ages.

THE GOLFSUITES INVESTMENT OPPORTUNITY

Today, we are presenting the opportunity to invest in GolfSuites in up to a $50 million Reg A offering. In addition to participating in the potential increase in the price of our stock, we are paying a dividend at the annual rate of 8%, paid monthly.* For many investors, the dividends may be tax-free for several years.**

Share price

$5.30

/SHARE

Dividend at the annual rate of

8%
 

PER YEAR
PAID MONTHLY*

Minimum investment

$500

Total offering of up to  

$50MM

We accept Debit Cards, ACH, Check, Wire, Apple Pay and Google Pay.
We also accept investments from Self-directed IRA accounts.

*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. GolfSuites 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. GolfSuites does not offer tax advice. Investors should consult their own tax adviser for information regarding their own tax situations.
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Of the 14.7 million non-golfers in 2018 who say they would like to play golf, 31% are women and 62% are under age 35, according to the National Golf Foundation, Golf Industry Report in April 2019.

Standing Out on the Course


At GolfSuites, you can expect architect-inspired driving ranges (275-300+ yards) and putting courses, including “true green sites,” short game areas and simulated hazard designs. Our launch monitor technology aims to measure and track balls and club data within inches of targets, rather than yards, using authentic premium golf balls that perform at the highest level of feel and distance.

From lessons to meals, parties to competitions, Golfsuites will be a welcoming playground for golfers of all skill levels and ages.

State-of-the-Art Golf Academy


A crown jewel and differentiator of GolfSuites, the Golf Academy will be where guests can improve their overall skills as well as their capability to practice with purpose. The Golf Academies, will be designed by our PGA professional and NBC Golf Academy Lead Coach, GolfSuites’ Co-Founder, Kyle Morris, with an eye toward advanced training and coaching techniques for avid players and players of all levels.

All of the GolfSuites facilities will be able to host school sports and other teams to practice and compete.

Our goal is that guests will be able to see continuous improvement in swing, on-course strategy and ability to enhance overall scores.

#TheSuitestExperience


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SUPERIOR TECHNOLOGY

GolfSuites intends to use state-of-the-art technology, including Doppler Radar-based launch monitoring technology for ball tracking, swing analysis and mental sports performance coaching.

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LEARNING NEVER STOPS

The GolfSuites Academy will provide a supportive environment for serious game improvement, incremental learning or just for the love of golf.

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COMMUNITY & PRIVACY

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 celebrate privately, interact with groups or enjoy a great meal and watch others play.

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WELCOMING MORE WOMEN

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.

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BEST-IN-CLASS FOOD

Our chef-inspired menu offerings, farm-to-table sourcing and craft beers will make us known as a best-in-class, food and beverage destination. We will offer family friendly snacks and meals too.

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#GOLFSUITES_EVERYWHERE

Our apps will be designed for fun and serious analysis. From keeping score to tracking competitions, scheduling playing times and reserving suites, and of course, ordering food and beverages.

We accept Debit Cards, ACH, Check, Wire, Apple Pay and Google Pay.
We also accept investments from Self-directed IRA accounts.

HOW WE MAKE MONEY

Based on our research, revenue will be derived from food and beverages, golf activities, game improvement, lessons, events and ancillary retail sales. From fixed reservations, to teams, to competitions, to walk-ins, to
private parties, the diversity of guests and revenue we anticipate is vast.  

Here are just a few:

FAMILY REUNIONS

SERIOUS GOLFERS

COMPETITIVE TEAMS

COLLEGE TEAMS

DATE NIGHT

GAME IMPROVEMENT

TEEN PARTIES

FAMILIES

FUNDRAISERS / FOUNDATIONS

GUYS' NIGHT OUT

HIGH SCHOOL TEAMS

GIRLS' NIGHT OUT

AFTER WORK

BIRTHDAYS

SENIORS

If you like to invest in what you know, GolfSuites may
be the best return on fun, friends and potential profit yet.

We accept Debit Cards, ACH, Check, Wire, Apple Pay and Google Pay.
We also accept investments from Self-directed IRA accounts.

Updates

November 08
GolfSuites 1 Midwest Region Locations

GolfSuites Chairman and CEO, Jerry Ellenburg, discusses the plan for GolfSuite's locations in the GolfSuites 1 Midwest Region.

August 30
GolfSuites 1 has just paid its first dividend!

Being investor-friendly and meeting our goals are priorities for GolfSuites 1—not just words. We are proud to announce that we have paid our first dividend as projected—a monthly dividend based on an 8% annual yield.* We believe this will be tax-free for most investors.**

Our minimum investment in GolfSuites 1 is just $500.

We’re just getting started: we just paid our first dividend, and can’t wait to keep hitting more of our goals!

Help us transform golf—complete your investment here!

More on GolfSuites 1:

Since our inception, we’ve been committed to meeting the rising demand for hybrid golf entertainment centers in the U.S. As a reminder, here are some of the features we aim to offer:

  • Architect-inspired driving ranges
  • State-of-the-art launch monitor technology with advanced tracking
  • A 275-300+ yard range, tracking every swing and shot within 3-4 inches
  • Year-round playtime on your own schedule—play for as little as an hour, or stay the whole day and evening
  • A game improvement academy designed by PGA professional and NBC Golf Academy lead instructor Kyle Morris
  • Chef-inspired food and beverages
  • Simulated versions of famous courses
  • Online and in-app reservations
  • Organized competitions and team practice

Want more information? Read our investment guide here.

Help us transform golf—complete your investment here!

Best regards,
Jerry

Gerald Ellenburg
Chairman and Chief Executive Officer
[email protected]
833-424-7343 (4BIRDIE)

*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. GolfSuites 1, 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. GolfSuites does not offer tax advice. Investors should consult their own tax adviser for information regarding their own tax situations.

An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement, which only means that the company may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement from:

https://www.sec.gov/Archives/edgar/data/1765347/000114420419027542/tv522204_253g2.htm

You should read the offering circular before making any investment.

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Comments

JERRY ELLENBURG - CHAIRMAN / CEO on January 03
Hi Mike your analysis on GS1 is correct. The performance of the GS1 region specifically affects GS1. Any performance of zones 2 thru 6 are not a part of zone 1. As for FlyingTee, we worked with the Muskogee Nation in Tulsa when the lease was up on an existing facility and it was a perfect opportunity for us to get into operations. We cannot get into a previous company's financials, and we have only been assuming operations for a few months now. We are not actively searching for other ranges, but are open to the idea.

Vincent Williams on December 15
I’m so excited that I invested. When should I receive my e sign email?

JERRY ELLENBURG - CHAIRMAN / CEO on December 17
Hi Vincent! Happy to have you on the team too! You will get the subscription agreement email as soon as the funds are received. If they have cleared, and you still don't have an email, check your spam folder. If you still don't have one let us know here and we will reach out and troubleshoot. Thanks!

Vincent Williams on December 18
Oh ok thank you! Yea I still haven’t received anything yet

JERRY ELLENBURG - CHAIRMAN / CEO on December 20
Hi Vincent, all of your share sale documentation was complete. The next step after your investment has been completed is that you will be receiving a package via USPS. It will be a welcome package with all information on accessing your dashboard, along with info on your investment.

Vincent Williams on December 20
Oh ok great! thank you so much

Deedric on December 08
When will I have a dashboard to be able to visually see and manage my account?

JERRY ELLENBURG - CHAIRMAN / CEO on December 17
There are two dashboards, so here is how to access both. The first is the Manhattan Street Capital dashboard, and all you need to do is login, then hover over the silhouette on the top right corner, and then you'll see a drop down menu with "Dashboard" on it. As for the other dashboard from ComputerShare, the transfer agent of record, you will receive a package via USPS within a few weeks of your investment being completed. Once your funds have been received, subscription agreement signed, and funds cleared through escrow, all will be complete and the information sent to ComputerShare. Feel free to let us know if you have any more questions!

HP on December 03
Reg D investment vs. Reg A+ investment. What are the main differences? Can an individual invest in both? Do both investments receive the 8% annual dividend? You stated below: Reg A is a preferred stock, which means that if the company or any of its assets are ever sold, the first funds to be paid out are to the Reg A shareholders prior to anyone else. We in management receive nothing unless and until all your investment principal is repaid. It is indeed success dependent, but given a successful implementation of the business plan, all of principal Reg A investment amounts are paid back prior to any other owned being paid. Does that mean that the Reg D investment is more risky? Thank you for taking the time to answer my questions.

JERRY ELLENBURG - CHAIRMAN / CEO on December 04
The basic investment terms are very similar for the parent company Reg D and the GolfSuites 1 Inc Reg A+. Investors that are wealthy enough to be Accredited are allowed to invest in either or both offerings. Non Accredited investors are allowed to invest in the Reg A+ but not in the Reg D. Both investments earn an 8% dividend that is paid monthly. An investment in KGEM, the parent company, has broader geographic scope than an investment in GolfSuites 1 Inc. For regulatory reasons we are not allowed to make statements about which is more or less risky. Thank you for your questions and I hope this is helpful!

Offering Circular

Please read the Offering Circular here: Get Offering Circular

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM:

https://www.manhattanstreetcapital.com/offering-circular/17483

YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.

THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT.  WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS.  INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.  

IMAGES CONTAINED IN THIS OFFERING CIRCULAR ARE ARTIST’S IMPRESSIONS AND THE ACTUAL FACILITIES MAY VARY.