After several successful beta tests of its Managed Fleet Rental Program, GolfBoard will be introducing a new rental fleet offering at the 2017 PGA Merchandise Show in Orlando, Florida, January 25–27. The new GolfBoard rental fleet offering will allow clubs to choose either month-to-month, 8-month seasonal, or 12-month annual rental terms. This will give club management the flexibility to test the success of a GolfBoard rental program at their facility before committing to a purchase or long-term lease. In addition to its on-going crowdfunding capital raise, the company is in the process of securing $6M of financing for its Managed Fleet Rental Program in order to deploy an additional 2,100 rental boards over the next 3 years.
GolfBoard will offer 4, 8, and 12 board fleet rental options to accommodate the escalating demand for GolfBoarding. Courses generally see 10% to 15% of all rounds played on GolfBoards in their first season, so an 8-board rental fleet is the recommended starting point for those courses with approximately 30,000 rounds played per year.
“Our GolfBoard Managed Fleet Rental Program is ideal for courses who want to try before they buy”, said GolfBoard President Jeff Dowell. “The program will generate a new stream of recurring revenue for our clients and our company, enhancing profitability for both. GolfBoard will also continue to offer its short term mini-trials in select major markets in order to introduce as many courses as possible to our revolutionary offering”.
GolfBoard’s Managed Fleet Rental Program is projected to help double the company’s footprint in 2017, generating approximately $1M in net rental income, growing to $9M by 2020. Anyone interested in becoming a GolfBoard shareholder in order to benefit from the company’s expected growth should go to https://www.startengine.com/startup/golfboard and become part of the GolfBoard revolution.
GolfBoard will offer 4, 8, and 12 board fleet rental options to accommodate the escalating demand for GolfBoarding. Courses generally see 10% to 15% of all rounds played on GolfBoards in their first season, so an 8-board rental fleet is the recommended starting point for those courses with approximately 30,000 rounds played per year.
“Our GolfBoard Managed Fleet Rental Program is ideal for courses who want to try before they buy”, said GolfBoard President Jeff Dowell. “The program will generate a new stream of recurring revenue for our clients and our company, enhancing profitability for both. GolfBoard will also continue to offer its short term mini-trials in select major markets in order to introduce as many courses as possible to our revolutionary offering”.
GolfBoard’s Managed Fleet Rental Program is projected to help double the company’s footprint in 2017, generating approximately $1M in net rental income, growing to $9M by 2020. Anyone interested in becoming a GolfBoard shareholder in order to benefit from the company’s expected growth should go to https://www.startengine.com/startup/golfboard and become part of the GolfBoard revolution.
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