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We own the land as it is part of our golf course property. Purchased and installed a new ball washer this past year. $1,700. The old one was over 15 years old. We budget between $500 and $1,000 each year for balls and a few new mats. Will probably have a new token/dispenser unit in the next year or two. That component is about $4,000. We charge $4.00 for a bucket of balls. Each bucket gets about 40 balls. Annual driving range fee... hit as many buckets as you want... is a couple hundred bucks. Many members purchase an annual range pass with their membership. I can't remember the last time I've left the course after a round and not seen people on the range. Always busy.Ahh, back in my youth I did a dissertation on "A feasibility study to open a driving range".
No matter how many ways I cut it, it never added up!!