Topgolf Nearing 100 Locations with Greensboro Opening

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Topgolf Nearing 100 Locations with Greensboro Opening (Read More)

JUST TAP IT IN: Topgolf, a leading entertainment company, is set to build a new venue in Greensboro, North Carolina, offering a unique golfing experience.

GREENSBORO WELCOMES TOPGOLF: The city of Greensboro is excited to diversify its recreational offerings with the arrival of Topgolf, reinforcing its commitment to be a hub of entertainment.

• Expansive Facility: Topgolf Greensboro will feature 72 climate-controlled hitting bays on two levels, providing year-round golfing enjoyment for visitors.

• Private Event Spaces: The venue will also offer private event rooms, catering to outings and gatherings, further enhancing the entertainment experience.

• Strong Community Support: Greensboro Mayor Nancy Vaughan expressed enthusiasm about the investment, citing its positive impact on the local economy and recreational landscape.

• Global Expansion: Topgolf Greensboro continues the company's growth trajectory, bringing the total number of locations worldwide close to 100.

• Anticipated Opening: Construction on the Greensboro venue has begun, with an expected opening date in late 2024.
  

🧠 EDITOR’S THOUGHTS

Topgolf has come a long way since its humble beginnings in the UK when the first location opened in Watford. Topgolf would later make its way to the US in 2005 when it opened in Alexandria, Virginia. Here are some key points:

• Acquisition: In October 2020, Topgolf was acquired by Callaway Golf Co. (NYSE: ELY) in an all-stock deal that values Topgolf net worth of $3.63 Billion as of July 19, 2023

• Parent Company: Callaway (Nyse: Ely) is the Parent Company of Topgolf and Global Leader in Premium Golf Equipment and Active Lifestyle Gear With Record Revenue of $3.1 Billion in 2021

• Trophy Assets: Topgolf NNN investments present a covered land play to purchase 10+ acres of generational real estate at low land PSF

List of Topgolf Locations

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