Golfzon had a big presence at the PGA Show in January. Courtesy Golfzon
Founded in 2000, Golfzon, the South Korean company best known for the highly sophisticated golf simulators it makes, is among the most vibrant businesses in the burgeoning off-course entertainment realm.
Consider that the company recorded $1.3 billion in revenues in 2022 and that golf enthusiasts played 87 million rounds on its simulators last year in 63 countries.
That is some presence, but it is only part of what Golfzon is all about. While simulators are the biggest piece of its operation, the company has been vertically integrating for years and now derives revenues from a variety of other sources, whether the clubs and courses it owns in Korea; the professional simulation golf circuit, aka the G-Tour, it has established in that country; or the David Leadbetter Golf Academy business it now owns. In addition, Golfzon recently began partnering with Troon Golf in the creation of a…