Golf vending machine – Must be sold!

  • Asking price: $110,000
  • Listed: Tue 12 Jan, 11:36 am
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Listing #: 1014934532
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Location: Tauranga, Bay Of Plenty
On offer here is the New Zealand wide exclusive license to take this unique invention to the market and to the income producing levels that it promises.

The invention is a unique locally designed golf vending machine, scorecard dispenser and advertising medium protected by intellectual property design registrations in New Zealand, Australia, America and Japan. It is a Golf Kiosk, to be installed at golf courses, that will provide the option for golf club members, affiliate members and casual players to securely log in, pay their green fees using EFTPOS (debit and credit card) and collect their scorecard providing secure green fee collection 24 hours a day. The concept was created from the idea of convenience to all golfers and golf clubs. It is aimed at revolutionising green fee collection, golf product sales, and ‘on the spot’ advertising and that is exactly what it will do.

There are four possible revenue streams: rent; advertising; green fee collection; merchandise sales. Projections show that with 100 kiosks operating a gross profit of $1,085,000 can be achieved. When considering that there are approximately 410 golf courses in New Zealand, 1,500 in Australia, 2,500 in Japan and 21,000 in the US (1,150 being public courses) it is clear that the income potential is huge. Golf Clubs will also generate income from sharing in profits from merchandise sales.
The kiosk is produced using a number of New Zealand based suppliers. The software has been developed, tested and refined over the last two years.

The Golf Kiosk is the first in the world and ready to be launched right here in New Zealand. The inventors and developers are now inviting expressions of interest for the purchase of the New Zealand wide license at a price of $110,000 (plus GST if any). The licensee shall have the right to operate this unique invention for his own profit with the payment of a royalty to the inventors.

Opportunities like this are rare, so don’t delay with your enqui

Agency reference #: 15239

Agent's details

Nols Bertram
Bay Business Brokers Ltd Lic. REAA 2008
(0800) 225999

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