RubinBrown Country Club Stats 2010
5. Average percentage of total revenue derived from outside events (not-for-profit clubs only) (13 clubs)
9.5%
6. Club borrowings and leverage A. Average bank debt per member (excluding nonresidents) (14 clubs)
$6,000
B. Average total bank debt (total dollars) (14 clubs) C. Average bank debt to membership equity
$2,910,000 0.6 to 1.0
D. Average effective borrowing rate
4.6%
(fixed rate: 9 clubs) (floating rate: 6 clubs)
Percentage of Outside Event Revenue Generated for Not-for-Profit Clubs
20%
15%
13.9
10%
10.0
9.5
5%
5.4
0
Average
Median
High
Low
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