RubinBrown Country Club Stats 2010

Operational Information

Average Revenue

Median Revenue

Per Member

Per Member

1. Operating revenues per member (all members excluding nonresidents) during the past fiscal year: Dues

$5,078

$4,798

Initiation fees (15 clubs)

525 707 816 432 478 104

390 696 795 422 470

Capital assessments (11 clubs) Operating assessments (7 clubs)

Greens fees Cart rental Locker fees

89 15

Tennis and swimming fees (11 clubs) Pro shop merchandise sales (13 clubs)

28

609

681

Restaurant sales Bar sales (15 clubs)

2,329

2,350

967 803 411

979 779 435

Service charges

All other income (15 clubs)

$13,347

$12,899

2. Operating expenses per member (all members, excluding nonresidents): Food and beverage

$3,785

$4,292

Golf course and grounds

2,079 1,073 1,527 1,403

2,028 1,013 1,338 1,364

Pro shop

General and administrative

Depreciation

Real estate taxes

302 228 340 427

295 212 292 393 777 568

Insurance

Interest (15 clubs)

Utilities

Clubhouse

1,014

Other (13 clubs)

532

$12,710

$12,564

3. A. Monthly dues, assessments and charges (regular members): Average monthly membership dues Average monthly assessments (including capital) (11 clubs)

$540

62 76 56

Average monthly food & beverage minimum (10 clubs)

Average monthly service charge (11 clubs)

B. Average total monthly charges (all clubs)

$667

C. Average increase in dues for regular members over prior year

2.6%

Average

Median

4. Initiation fees: A. Initiation fee for regular membership

$23,100

$13,750

B. Refundable portion of regular member initiation fee (9 clubs)

650

–

C. Initiation fee for social membership (10 clubs)

1,000

500

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