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8 — FINANCIAL MODELING
ASSUMPTIONS
BAY REVENUE AND MEMBERSHIP INCOME
During the HNL visit to Bigshots US, development and operating information was shared,
which together with the financial results of the 3 TopGolf centres around London, has
been taken into account in these assumptions.
The Topgolf centres each achieve around 6,120 visitors per bay per year, (total 306,000),
which we consider should be reduced in the case of Newcastle as a result of the lower
population density. Footfall for the first full year of trading will therefore be 236,000. This
will grow by 10% for year 2, 5% in year 3 and 3% thereafter.
Bay Price per hour inclusive of VAT.
Peak Hours Off-Peak Hours
Monday to Thursday 30 15
Friday to Sunday 40 20
Percentage of total footfall.
Peak Hours Off-Peak Hours
Monday to Thursday 30% 24%
Friday to Sunday 41% 5%
Average group sizes.
Peak Hours Off-Peak Hours
Monday to Thursday 4 2.5
Friday to Sunday 4 2.5
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