TruGolf Links opens its flagship location in Cherry Hill, offering golf simulators, dining, and entertainment for the community.
Quiver AI Summary
TruGolf Links has announced the grand opening of its first flagship franchise location at the Plaza at Cherry Hill, New Jersey, which will offer a premium golf entertainment experience. The 6,045-square-foot facility features an upscale restaurant and bar, five golf simulator bays, and the advanced Horizon simulator with a 17-foot screen for immersive golfing. Owner Nick Reimondo expressed excitement about bringing elevated entertainment to the community, hosting events like family outings, date nights, and corporate gatherings. A grand opening celebration will take place from August 4 to August 8, featuring a ribbon-cutting ceremony with local leaders, giveaways, food specials, and a live DJ event. TruGolf, a leader in golf technology, aims to expand its franchise model through facilities that combine high-tech simulators, fine dining, and social entertainment.
Potential Positives
- The grand opening of the flagship TruGolf Links location enhances the brand's presence and visibility in a major retail destination, potentially attracting a larger customer base.
- The new facility features cutting-edge golf simulator technology and a premium dining experience, positioning the company as an innovative leader in the "eatertainment" sector.
- The franchise model is poised for expansion, with commitments for over 100 future locations, indicating strong growth potential for the TruGolf brand.
- Community engagement is emphasized through grand opening events, including ribbon-cutting ceremonies and live broadcasts, fostering local ties and enhancing brand loyalty.
Potential Negatives
- High reliance on franchise success: The success of the TruGolf Links franchise model is essentially tied to individual franchisees, which can pose risks if franchisees do not perform as expected.
- Potential for overestimation of market demand: The press release emphasizes creating a significant community destination, which might overestimate the actual demand for such entertainment venues, especially in a competitive market.
- Limited information on corporate financial health: The release provides no insights or data regarding TruGolf's financial stability or ability to support franchise growth, which could raise concerns among potential investors.
FAQ
What is the new TruGolf Links location in Cherry Hill?
The TruGolf Links in Cherry Hill is a flagship franchise featuring golf simulators, a restaurant, and a bar.
When is the grand opening celebration for TruGolf Links?
The grand opening celebration starts on August 4, 2026, with a ribbon-cutting ceremony and various launch events.
What entertainment options are available at TruGolf Links?
Guests can enjoy golf simulators, a multisport arcade, dining, and beverage options, creating an all-in-one entertainment destination.
How many golf simulator bays does the Cherry Hill location have?
The Cherry Hill TruGolf Links features five premium golf simulator bays, including a flagship Horizon simulator with a 17-foot screen.
Is there an opportunity to franchise with TruGolf Links?
Yes, TruGolf Links offers franchise opportunities, focusing on regions with populations over one million and potential developers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TRUG Hedge Fund Activity
We have seen 4 institutional investors add shares of $TRUG stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 14,475 shares (+inf%) to their portfolio in Q1 2026, for an estimated $69,480
- EWA, LLC added 10,190 shares (+inf%) to their portfolio in Q2 2026, for an estimated $13,145
- UBS GROUP AG added 406 shares (+20.3%) to their portfolio in Q1 2026, for an estimated $1,948
- TOWER RESEARCH CAPITAL LLC (TRC) removed 232 shares (-68.2%) from their portfolio in Q1 2026, for an estimated $1,113
- BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC removed 31 shares (-91.2%) from their portfolio in Q1 2026, for an estimated $148
- ARAX ADVISORY PARTNERS removed 7 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $33
- BANK OF AMERICA CORP /DE/ removed 5 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $24
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
Flagship New Jersey Location Introduces a Premium Golf Entertainment Experience
CHERRY HILL, N.J., July 23, 2026 (GLOBE NEWSWIRE) -- TruGolf Links today announced the grand opening of its first flagship franchise location at Plaza at Cherry Hill in New Jersey. The new 6,045-square-foot entertainment destination features an upscale restaurant and full-service bar, five premium golf simulator bays, and the signature Horizon simulator featuring a 17-foot screen for an immersive golf experience.
Owner and franchisee Nick Reimondo is excited to introduce a new level of entertainment to the Cherry Hill community.
“It's been more than a year in the making, and I couldn't be more excited to open our doors,” said Reimondo. “Whether you're looking for family fun in our multisport arcade, a memorable date night, corporate events, or group golf on more than 17,000 courses worldwide, including local favorites like Pennsauken, Rancocas, and Medford Lake, we're the place to go.”
TruGolf (Nasdaq: TRUG) is a Nasdaq-listed technology and manufacturing company specializing in high-tech golf simulators. After decades of selling its industry-leading simulator technology throughout the United States, the company is now expanding through its proprietary TruGolf Links franchise model, bringing together best-in-class golf technology, elevated dining, and social entertainment in a premium "eatertainment" environment.
“I’m proud of Nick and his team for representing our flagship TruGolf Links experience,” said Nate Larsen, President of TruGolf Links. “He has created a beautiful facility that showcases our industry-leading simulator technology alongside an outstanding food and beverage experience. There is truly nothing else like it in the market today.”
Grand Opening Celebration
To commemorate the opening, TruGolf Links will host a series of launch events beginning Aug. 4 at 1 p.m. with an official ribbon-cutting ceremony featuring Cherry Hill Mayor Dave Fleisher. The official Grand Opening Celebration will continue on Friday, Aug. 7, at 11 a.m., with TruGolf corporate leadership, community leaders, and invited guests in attendance. PXG, the official club-fitting partner for TruGolf, will have its mobile fitting van on site Friday and Saturday from 10 a.m. to 2 p.m. SOJO 104.9 DJ Matt Ryan will broadcast live on Saturday, Aug. 8, from 11 a.m. to 1 p.m., hosting a 'Closest to the Pin' contest where winners will receive tickets to an Ed Sheeran concert. Guests throughout the weekend will enjoy grand opening giveaways, food and beverage specials, and introductory simulator pricing.
“Plaza at Cherry Hill is one of the premier retail destinations in the country and the ideal location for our flagship TruGolf Links center,” said Dr. Ben Litalien, Chief Development Officer for TruGolf. “Nick and his team have created an incredible destination featuring world-class golf simulators, arcade games, elevated dining, and a full-service bar. Everyone at TruGolf is excited to celebrate our first flagship franchise location and looks forward to Nick’s continued success.”
The new TruGolf Links location occupies a prime location within Plaza at Cherry Hill, adjacent to Cherry Hill Mall and anchored by Guitar Center, Aldi, and Total Wine & More.
The facility features five premium golf simulator bays, including the flagship Horizon simulator with its 17-foot screen, stadium seating, and elevated platform. Guests can also enjoy a chef-inspired menu, handcrafted cocktails, and a curated wine and beer selection.
“Bringing TruGolf Links to Cherry Hill is incredibly exciting, not only because it’s our flagship location, but because we’re creating a new destination for the community,” said Reimondo. “Whether you’re an avid golfer, planning a family outing, enjoying a night out with friends, or hosting a corporate event, we’ve built a place that offers something for everyone. Cherry Hill now has a destination that combines immersive indoor golf, exceptional food and drinks, and first-class entertainment under one roof. I’m incredibly proud to make this vision a reality.”
About TruGolf, Inc. (Nasdaq: TRUG)
Since 1983, TruGolf has been dedicated to advancing the game of golf through innovative indoor golf technology. The company designs and manufactures award-winning simulator software, hardware, and digital golf experiences that make golf more available, approachable, and affordable. Learn more at www.trugolf.com .
About TruGolf Links Franchising
TruGolf Links offers franchise opportunities nationwide, with a strategic emphasis on Regional Developers who acquire exclusive territories with populations of one million or more. Regional Developers open a flagship location while expanding their territories through company-owned and independently owned franchise locations. TruGolf Links currently has Regional Developers in New Jersey, New York, and Illinois representing commitments for more than 100 future locations. For more information, visit www.trugolflinks.com or contact Andrew Johnson, Vice President of Franchise, at [email protected] .
CONTACTS:
Rebecca Church
[email protected]
(801) 298-1997
trugolflinks.com
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