Junkyard Golf Club has revealed plans to expand into the US as it eyes another record year.
The MediaCity-headquartered company currently has sites in Manchester, London, Oxford, Liverpool, Leeds and Newcastle and is set to launch its flagship destination in Camden in July in a £2.7m investment that will create 100 jobs.
The brand is also looking to open in Birmingham later this year while plans are in place to scout out possible locations in Las Vegas, Nashville and Texas.
READ MORE: Click here to sign up to the BusinessLive North West newsletter
Any possible US expansion could take place in the 12 months to March 2024, according to managing director Sam Jones.
To fund the growth, Junkyard Golf Club's management are exploring securing a credit facility, having used the company's own capital to make their expansion to date possible.
On the firm's international ambitions, Mr Jones said: "At the minute the US works for us as it's such a big market and there are things that we think will translate really well.
![](https://i2-prod.business-live.co.uk/incoming/article26059769.ece/ALTERNATES/s810/0_ytzGTLi3jpeg.jpg)
"There's more similarity between rolling out in the US than there is doing Berlin, Dubai and then Singapore.
"We would love to set up a US satellite of our business and then choose to go to other international markets."
Junkyard Golf Club is coming towards the end of its current financial year which is set to be another record-breaking 12 months for the business.
In the year to March 31, 2022, according to newly-filed documents with Companies House, the firm's turnover shot up from £3.7m to £18.3m, while its pre-tax profits surged from £1.3m to £7.5m.
Those figures compare to a turnover of £13.6m and pre-tax profits of £2.3m for the period from December 1, 2018, to March 31, 2020.
The average number of people employed by the company also jumped from 226 to 269, a figure that's set to continue rising.
Mr Jones added: "We're still outperforming the market but times have become a little tougher in recent months because of people working from home and the train strikes in particular.
"But we are in a very fortunate market in that we are a pre-booked occasion and although we have definitely been impacted more in London with the trains strikes, our weekend numbers have been strong.
"Those casual after work drinkers aren't really around at the moment. We're seeing that they are starting to come back but the people who are going out for their birthday or on a date are still coming to us.
"The current financial year is going well. There's a lot of differences this year around VAT for example and we also had some rent-free periods last year and rates relief.
"But the underlying profitability is better than 2019, as its the turnover.
"It's really hard to see where the market is at currently because of the Covid years and 2019 just seems like ancient history.
"We're happy with the direction of our business and we're very fortunate that we've been able to continue to grow the business over the last two years in very challenging times."
"We will beat FY22's turnover by the end of our current financial year but we would have beaten it by a long way had it not been for the train strikes.
"We probably lost the best part of £500,000 because of the train strikes over the last few months."
READ MORE:
Billionaire Issa brothers 'exploring £13bn merger' of Asda and EG Group
Luxury car maker Bentley to create 200 jobs as electrification drive continues
Coding firm founded above a Cheshire Waitrose to be bought by US giant
Husband and wife-run firm that makes buildings more energy efficient targets further revenue rise
Sacha Lord issues grim warning over withheld energy support to businesses