Hi unfortunately we do not offer that option yet.
Hi unfortunately we do not offer that option yet.
GolfSuites Chairman and CEO, Jerry Ellenburg, discusses our recent nationwide expansion for the GolfSuites 1 Reg A Offering.
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GolfSuites 1
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.
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
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.
LEARNING NEVER STOPS
The GolfSuites Academy will provide a supportive environment for serious game improvement, incremental learning or just for the love of golf.
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.
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.
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.
#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.
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.
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
March 04
GolfSuites CEO Discusses Nationwide Expansion (for Current Investors)
March 04
GolfSuites CEO Discusses Nationwide Expansion (for Prospective Investors)
GolfSuites Chairman and CEO, Jerry Ellenburg, discusses our recent nationwide expansion for the GolfSuites 1 Reg A Offering.
February 22
Improving Your Golf Swing Plane - Kyle Morris - Golf Tips From Our Pros
Kyle Morris - PGA professional, NBC Golf Academy star and GolfSuites co-founder shares a simple tip for improving your golf swing plane.
February 15
One Simple Tip For Improving Your Grip - Kyle Morris - Golf Tips From Our Pros
Kyle Morris - PGA professional, NBC Golf Academy star and GolfSuites co-founder shares a simple tip for improving your grip.
February 12
Monthly Dividend Paid - February 2020
GolfSuites 1 Has Just Paid Another Monthly Dividend in February! Being investor-friendly and meeting our goals are priorities for GolfSuites 1—not just words. We are proud to announce that we have paid another dividend as projected—a monthly dividend based on an 8% annual yield.* We believe this will be tax-free for most investors.**
*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.
February 05
GolfSuites 1 Expands Nationwide!
We have some very important and exciting news we want to share with you. Effective January 28th, we have expanded the geographic scope of GolfSuites 1 from the Midwest region to include the entire US. Yes, you read that right! As of now, all GolfSuites 1 investors get to participate with us nationwide! This change simplifies things and allows all of our current and new Reg A+ investors, such as yourself, to participate in the growth of GolfSuites across the entire country.
With this change, we are happy to announce that our Tulsa location, which is currently open and in the process of being converted into a fully operational GolfSuites facility, is now part of GolfSuites 1 and the Reg A+ offering. Taking over this first location in September 2019 was a very important milestone for GolfSuites and the opportunity to takeover and transition this existing facility in Tulsa has moved up our operational timeline by 18 months. For all current and future investors in GolfSuites 1, your investment will include not only the Tulsa location, but all locations that we plan to open across the country.
Please don't hesitate to reach out to us if you have any questions about this change and we would be happy to discuss with you further. Our whole team is excited to announce this expansion to ensure that all of our investors are benefiting from our nationwide growth.
Best regards,
Jerry
Gerald Ellenburg
Chairman and Chief Executive Officer
[email protected]
727-243-2050
As a investor ( minimum or more) are there any other benefits besides a dividend after sites across the country are opened for business ?
As a investor ( minimum or more) are there any other benefits besides a dividend after sites across the country are opened for business ?
We are looking into a few perks for our initial group on investors but have not made any final decisions yet.
We are looking into a few perks for our initial group on investors but have not made any final decisions yet.
Hi Benny please email us at [email protected] with your full name so we can find out the status of your investment.
Hi Benny please email us at [email protected] with your full name so we can find out the status of your investment.
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.
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