£120,000 loan brings adventure golf to life

£120,000 loan brings adventure golf to life

Yorkshire-based Adventure Golf Limited, a designer and creator of themed golf courses for retail and tourists destinations, has launched a new Miami-stle golf course after securing a £120,000 loan.

The golf course, located at Cadbury, a Wyevale Garden Centre in Bristol, is the first of its type from the firm.

Offering ricochet-style golf the golf course will also feature adventure-themed visuals such as dinosaurs and pirates.

The start-up business is now looking to the future, expecting the site to turnover upwards of £200,000 in its first year, helping to drive growth plans.

The construction of the golf coursealso led to the creation of 12 jobs.

The start-up business has used a combination of HSBC financing and an Enterprise Finance Guarantee (EFG) to launch the site and expects to roll out nine additional golf courses

across the UK by the end of 2017.

Neil Kimberley, commercial designer and owner of Adventure Golf said: “While running a golf course can be very profitable, it takes significant investment to bring it to life, especially for a start-up like Adventure Golf.

“HSBC has enabled us to do just that. By taking the time to understand the business concept and recommending an innovative financial solution that helped us launch our first golf course, HSBC has been instrumental in helping us achieve our business goal.”

Phil Look, HSBC’s area director for business banking in North Yorkshire, said: “We are committed to supporting British start-ups like Adventure Golf realise their growth ambitions, and it is good to see a small business come up with a proposition that can really cater to the UK’s growing leisure market.

“The new golf course in Bristol is a unique project that has immense potential for growth, and we are proud to help it take its first steps towards success.”

 

 

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