A proposal for Virgin Active · from Get Lucky Golf

A golf sim inevery Virgin Active club.Not a rand of your capital.

200 Golfzon™ bays in 130 Southern African clubs, booked like padel. Get Lucky Golf buys it. RMB or the bank you prefer finances it. We run it. Virgin Active gives the room and the members, and takes 20% of every rand.

200 bays · 130 clubs · R37 million a year to Virgin Active · zero capex

Chapter one

The member.

Padel proved it. Give members a game and the courts fill at R400 an hour. Virgin Active Padel Club is already at 17 clubs.

Golf is the bigger game, and it is getting younger. 47 million juniors play worldwide, up 3.2 million in a year, six times the growth in adults.

The courses cannot take them. Tee sheets are full, the best clubs are private, and the game stops at dusk. So the sim belongs in the gym they already go to three times a week.

Gym, then an hour on the sim, then recovery. That is the routine we want to build.

What a golf sim does for a club

  • Chiswick is the case study.The first phase of Virgin Active's Chiswick Riverside upgrade in London lifted membership 15%, revenue 23% and more than doubled EBITDA. The club added two simulator bays in September 2026.
  • One in three members leaves a gym every year.Industry retention is 66%, and the top reason for leaving is not visiting enough to justify the fee. A booked bay gets them through the door.
  • Half of simulator players are not golfers.51% of the 8.1 million Americans playing on simulators did not play a round on a course last year. The sim sells to members who have never held a club.

Simulator golf, by the numbers

The fastest-growing way to play.

8.1M
Americans on simulators
Up 73% on pre-pandemic. National Golf Foundation, 2025
51%
Of them are not golfers
No round on a course last year. The bay is their golf
3×
US simulator venues since 2022
1,500-plus, the average one three years old
2×
Screen rounds vs grass, Korea
9,000 venues, 100 million Golfzon™ rounds a year
16%
A year, Europe's growth
$2.1bn market in 2025, $4.1bn by 2033
4.2M
Rounds a year in South Africa
A R49 billion golf economy. Investec, 2026

This is the sim

Two bays. 60 m². Booked by the hour.

Golfzon™ TwoVision. The same bay in 13,000 venues worldwide, and the official simulator of the U.S. Open. It fits where a studio fits.

The offer

We bring the bays. You bring the members.

A ten-year exclusive concession. Get Lucky Golf buys, installs and runs the bays. RMB finances them, or the bank you prefer.

Virgin Active provides the room and the members, and takes 20% of everything the bays earn.

Virgin Active

Puts in

The room. Two bays (60 m²) in 70 clubs, one bay (30 m²) in 60 smaller clubs, inside planned refurbishments. The members. Booking in the Virgin Active app, marketing to members. Ten-year exclusive.

Gets out

R37 million a year at maturity. No capital, no operating risk. A golf add-on on the member bill. First call on the UK, Italy, Australia and Asia.

Get Lucky Golf

Puts in

Everything inside the wall. The bays, the equity, Golfzon™, coaching, leagues, the insured shot, and a golf host in every Collection club. We run it.

Gets out

An operating business of 200 bays, and the reference case for the rest of the Virgin Active group.

RMB

Puts in

Asset finance for the equipment, drawn in three phases, secured over the bays and the concession. RMB has already seen the model. If Virgin Active has a house bank, we are open to it.

Gets out

The bays pay the loan back from bookings. Virgin Active never carries the debt.

Two terms are yours to negotiate.

We open at 20% of bay revenue, with Virgin Active building the shell inside its refurbishments. Both posts move. A bigger share, or us building the shell, still works for us and for RMB. We are not precious about the number. We want a deal that works for both of us.

20%
The Virgin Active share
Of all bay revenue. Movable.
Shell
Built by Virgin Active
Walls, floor, power. We fit out from the wall in. Movable.

The numbers

What a sim earnsthe club it sits in.

Five booked hours a day at R360. That is padel pricing, and half the hours Golfzon™ venues run. A Collection bay does six hours at R520.

A Collection or flagship club

Two Signature bays

Floor
about 60 m²
Hours a day, each bay
6.0
Bay revenue a year
R2.8m
R540K
a year to Virgin Active
A metro club

Two Play bays

Floor
about 60 m²
Hours a day, each bay
5.0
Bay revenue a year
R1.8m
R345K
a year to Virgin Active
A smaller club

One bay

Floor
about 30 m²
Hours a day
4.5 to 5.0
Bay revenue a year
R0.6m to R0.9m
R120K+
a year to Virgin Active
On top of bay hire

A R299 a month golf add-on, leagues, corporate evenings, coaching, and the insured shot.

The chain

R37 million a year, for space you are refurbishing anyway.

Three phases, 2027 to 2029. Fully ramped by 2031. The Virgin Active share is paid monthly from the first booking.

Quiet
R27m
3.5 hours a bay a day
The plan
R37m
5.1 hours a bay a day
Busy
R46m
6.3 hours a bay a day

Virgin Active income in 2031 at three levels of use. Even the quiet case covers the finance.

YearBays liveClubsBay revenueTo Virgin Active
2027phase one4020R15mR2.9m
2028phase two14070R67mR13.0m
2029phase three200130R140mR27.0m
2030200130R181mR35.2m
2031fully ramped200130R191mR37.2m

Ex VAT. Phase one opens mid-2027. Bay revenue is hire, add-ons, leagues and the insured shot. A bay reaches full use in its third year. Full model under NDA.

The sim

Two bays in a club. One in the smaller clubs.

One platform across the chain. Golfzon™ is the world's largest simulator platform. Sandton plays Umhlanga on the same course on the same night.

Phase 1 · 2027
40bays

20 Collection and flagship clubs, two bays each. Johannesburg first.

Phase 2 · 2028
100bays

50 metro clubs, two bays each.

Phase 3 · 2029
60bays

60 smaller clubs, one bay each. Botswana and Namibia included.

Booked like padel

In the Virgin Active app, by the hour. Members pay the member rate. Non-members pay full rate, and you get a lead.

A golf add‑on on the bill

R299 a month: an hour included, member rates, leagues. Billed and shared by Virgin Active.

Leagues and coaching

Chain-wide leagues. Leadbetter coaching in the practice bays. A pro in every Collection club.

The insured shot

Get Lucky's product, indoors. From R50 a swing, with prizes from R25,000 up to R1 million, insured by Santam.

What we need from Virgin Active

  • A room in the refurb plan60 m² for two bays, 30 m² for one, 3.2 m ceiling. Walls, floor, power.
  • A Johannesburg flagship firstTwo Signature bays as the reference sim, open by mid-2027.
  • Booking and billingBays in your app. The add-on on the member account.
  • Heads of terms this quarterShare, shell, term, exclusivity. Then RMB, or your bank, draws phase one.

Chapter two

The group.

One brand, eight countries. The same sim goes from Cape Town to London, Milan, Sydney, Singapore and Bangkok.

South Africa proves the numbers. Each territory is a Virgin Active decision.

TerritoryClubsBaysWhen
Southern Africa1362002027–29
United Kingdom32~652029–30
Italy33~652029–30
Australia11~252030–31
Singapore and Thailand14~302030–31
The group~230~3852027–31

Virgin Active club counts as published, March 2026. Two bays a club assumed outside South Africa.

Who we are

Get Lucky Golf.

South Africa's insured hole-in-one challenge. A swing at a par-3 for up to R1,000,000, live at 30 courses, underwritten and sponsored by Santam. Virgin Golf is the concept we are proposing: your brand, our bays.

30
Partner courses
10K
Paid entries
R9M
Santam sponsorship
R1M
Top insured prize

The people you would deal with

Operators, who have done it before.

Johannes le Roux
Johannes le RouxFounder & MD

Built The Duchess with AB InBev and RMB, ten million units in five countries. Leads Get Lucky Golf and this deal.

Willie Ross
Willie RossChief Financial Officer

Partner at Bellair Road, R5 billion under management. Harvard MBA. Owns the numbers and the financing.

Andrew Davenport
Andrew DavenportFounder & Marketing

Fifteen years in beverage and entertainment brands. Runs partnerships, brand and the leagues that keep the bays busy.

SantamRMBGolfzon

Prizes underwritten by Santam. Equipment finance modelled with RMB, or your bank if you would rather. Bays by Golfzon™, in 13,000 venues worldwide.

Timeline

Proposal to first bay in nine months.

Book the meeting
  1. Virgin Active, Cape TownThis proposal. Heads of terms.
  2. Golfzon™ pricing receivedChain pricing, installation and training confirmed by Golfzon™ HQ.
  3. Golfzon™ at FancourtGolfzon™'s CEO in South Africa for the Icons Cup, 11 to 13 December. Reference design and rollout agreed in person.
  4. RMB phase oneFacility drawn. Order placed.
  5. Reference design signed offTwo-bay and one-bay drawings and specs to your refurbishment team.
  6. First flagship, JohannesburgTwo bays open. Then 19 more flagship clubs.
  7. The chain160 more bays, 110 clubs. Then the group.

200 bays. 130 clubs. Zero capex. Let's meet in Cape Town.

An hour with the Virgin Active leadership this quarter. We will bring the reference design, the Golfzon™ pricing and the full model.

Johannes le Roux · johannes@getluckygolfclub.com · Cape Town