RubinBrown Country Club Stats 2011

Golf Operations

Peak Season

1. A. Average guest greens fees for 18 holes Weekdays

$66 $73

Weekends

B. Average golf cart rental rates for two people playing 18 holes

$35

Average

2. A. Maintenance expenses associated with the “golf course” for the most recent fiscal year (per 18-hole equivalent): Payroll

$478,000

Payroll taxes and employee benefits (13 clubs)

79,000 85,000 25,000 49,000 29,000 19,000 70,000 21,000

Fertilizer, chemicals, etc.

Fuel

Repairs and maintenance Sand, seed and sod, etc.

Supplies

Water (Those without water sources)

Trees and landscaping

All other golf course expenses

64,000 $919,000

B. Average water cost per 18 holes for those with some existing

$24,000

water source (4 clubs)

3. A. Average number of rounds of golf (18-hole equivalents) played

15,900

within the past fiscal year

B. Average number of outside tournaments held by club

13

Per Hole

4. Average amount spent on capital improvements for the “golf course”

$9,400

4. during the past fiscal year (9 clubs)

5. Average amount spent for golf course equipment for the past fiscal year (9 clubs)

$64,000

6. A. Number of clubs leasing golf carts during the year

5 clubs

B. Average annual lease cost per cart (for clubs that lease carts) C. Average purchase price per cart (for clubs that purchase carts)

$815

$3,900

7. Number of clubs owning the golf pro shop

10 clubs

Average

Median

8. A. Gross profit margin on merchandise for those clubs that own the pro shop (8 clubs)

17.1%

17.6%

B. Average commission paid on pro shop sales (3 clubs)

5.7%

Inventory Per Regular

Total

Member

C. Average pro shop inventory levels (9 clubs): Peak season

$147,000 $106,000

$520 $380

Off season

D. Average pro shop inventory turnover per year (7 clubs)

1.4 times

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