Delivering a professional-grade 6-bay facility takes real capital: $800,000 in initial funding. Six fully-installed TrackMan bays run $35,000–$50,000 each once construction, enclosures, and calibration are included, and a roughly 3,200 sq ft Greater Boston build-out at an estimated $50 per square foot in rent adds a meaningful fixed-cost floor from day one. This raise fully funds the build — equipment, construction, furnishings, and a pre-opening reserve — with no follow-on capital call assumed in the base case.
At 21% bay utilization, the facility covers its fully-loaded operating costs, a threshold comparable markets have cleared within their first two to three months. At the Year 1 target of 33% utilization, a typical figure for the first year of operations, the facility generates roughly $518K in annual revenue with an operating margin near 37%.
By Year 3, the we expect $830K in EBITDA on approximately $1.15M in revenue. The 5-year cumulative return on the 6-bay model is projected at roughly $3.6M on an $800K investment — a ~4.5× cash-on-cash return.
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