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.
We are working to make golf more affordable, less time-consuming, more fun and welcoming to all skill levels and ages.
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.***
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.
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.**
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PER YEAR
PAID MONTHLY*
We accept Debit Cards, ACH, Check, Wire, Apple Pay and Google Pay.
We also accept investments from Self-directed IRA accounts.
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.
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.
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.
Our goal is that guests will be able to see continuous improvement in swing, on-course strategy and ability to enhance overall scores.
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.
The GolfSuites Academy will provide a supportive environment for serious game improvement, incremental learning or 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 celebrate privately, 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, 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.
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.
Our management team possesses a unique combination of real estate, finance, professional golf, food and beverage service, construction, marketing, branding, experiential design and senior management experience.
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:
We accept Debit Cards, ACH, Check, Wire, Apple Pay and Google Pay.
We also accept investments from Self-directed IRA accounts.
GolfSuites Chairman and CEO, Jerry Ellenburg, discusses the plan for GolfSuite's locations in the GolfSuites 1 Midwest Region.
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:
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.
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.
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