Weather impacts all facets of the driving range business.

We have surveyed and spoken with driving range owners that currently use a Covershots Eclipse. They have stated that their range revenue has increased since purchasing a Covershots (see Covershots testimonials).

We have made the following profit calculator, and based on our conversations with Covershots owners, we have made certain assumptions. Please feel free to input your own calculations or data, that you feel will fit your facility.

To calculate the potential profit of owning a Covershots Eclipse, please complete the following worksheet with your data. At the end of the process, you may receive a printout of potential profit.

Most owners tell us that upon the purchase of a Covershots, they immediately increase their price for a bucket of balls by $.50 - $1.00. The customer sees that you have spent money to improve your facility and has no problem with a minor increase. Calculate your additional ball revenue as follows:

Number of weeks your facility is open.

40

Average number of buckets of balls that you sell each day.

100

Increase in bucket price.

$.50

Additional Annual Revenue Due to Bucket Price Increase:

$14000
Weather impacts all facets of the driving range business. When it rains, or is very hot, golfers will forgo playing golf but will still visit a "covered" driving range to hit balls. Calculate your additional ball revenue as follows:

Average number of buckets of balls that you sell each day.

100

Average cost of a bucket of balls.

$7

Annual number of days that rain or temperatures over 90 degrees.

Percentage of retained customers on those rainy and hot days.

30%

Additional Annual Revenue Due to Weather:

$0
We also know that temperature and rain affect lesson revenue. Instructors tell us that by having a Covershots they can spend a full work day giving lessons, where they normally tire out in the sun. You will also reduce the number of cancelled lessons by your students due to heat and rain. Calculate your additional lesson revenue as follows:

Annual number of days of rain or temperatures over 90 degrees.

Average number of lessons you give per day.

5

Average charge per lesson.

$75

Percentage of retained lessons on those rainy and hot days.

25%

Additional Annual Lesson Revenue:

$0
When you have more golfers spending more time at the facility hitting balls and taking lessons, it has been proven that they will spend more money in the pro shop and on food and beverage. Calculate your additional pro shop and food and beverage revenue as follows:

Annual number of days of rain or temperatures over 90 degrees.

The average daily food and beverage sales.

$200

Average daily pro shop sales.

$200

Increased percentage (%) of customers on those hot and rainy days.

15%

Additional Annual Pro Shop and Food & Beverage Revenue:

$0
Grand Totals:

Additional revenue from increase in bucket price:

$14000

Additional revenue from retained ball sales during bad weather:

$0

Additional or saved lesson revenue:

$0

Additional revenue from pro shop and food & beverage sales:

$0
Total potential revenue increase: $14000

Average Cost of a Covershots Eclipse:

$60000 $60000

Return on your investment:

23%

Years to get your investment back: