$TRUGJun 4, 2026, 3:39 PM ETAI processed
TRUG: Signs lease for third TruGolf Links on Long Island (Miller Place)
AI Summary
TruGolf signed a lease for a 4,000 sq ft 'Executive' TruGolf Links franchise in the Aliano Shopping Center in Miller Place, NY, featuring five simulator bays and targeting a Fall opening. The deal advances TruGolf's shift from pure hardware sales toward franchised brick-and-mortar TruGolf Links centers, a growth channel that could drive recurring franchise and unit-level hardware/service demand though financials and terms were not disclosed.
Positives
- Lease executed for 4,000 sq ft Executive unit with five simulator bays in Miller Place, NY (third Long Island location)
- Further rollout of TruGolf Links franchise model, indicating expansion of recurring franchising and in-store revenue channels
- Local franchisee/developer has operating scale on Long Island (owner operates 20 physical therapy clinics)
Negatives
- No rent, franchise fees, revenue projections, or financial terms disclosed
- Executive unit is a smaller-format location and may generate less revenue than Standard or Flagship units
- Opening timeline is a plan for 'this Fall' and not a firm operational date