RubinBrown Country Club Stats 2010

Golf Operations

Peak Season

1. A. Average guest greens fees for 18 holes (15 clubs): Weekdays

$63 $70

Weekends

B. Average golf cart rental rates for two people playing 18 holes (15 clubs)

$33

Average

2. A. Maintenance expenses associated with the “golf course” for the most recent fiscal year (per 18-hole equivalent): Payroll (16 clubs)

$480,000

Payroll taxes and employee benefits (15 clubs)

90,000 90,000 22,000 39,000 21,000 15,000 72,000 20,000

Fertilizer, chemicals, etc. (16 clubs)

Fuel (16 clubs)

Repairs and maintenance (16 clubs) Sand, seed and sod, etc. (15 clubs)

Supplies (16 clubs)

Water (Those without water sources) Trees and landscaping (15 clubs) All other golf course expenses (16 clubs)

74,000 $923,000

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

$15,000

water source (8 clubs)

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

16,400

within the past fiscal year

B. Average number of outside tournaments held by club (13 clubs)

10

Per Hole

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

$7,100

4. during the past fiscal year (11 clubs)

5. Average amount spent for golf course equipment for the past fiscal year

$76,000

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

6 clubs

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

$875

$3,475

7. Number of clubs owning the golf pro shop

12 clubs

Average

Median

8. A. Gross profit margin on merchandise for those clubs that own the pro shop (13 clubs)

16.3%

17.1%

B. Average commission paid on pro shop sales (4 clubs)

6.5%

Inventory Per Regular

Total

Member

C. Average pro shop inventory levels (10 clubs): Peak season

$160,000 $112,000

$550 $390

Off season

D. Average pro shop inventory turnover per year (10 clubs)

2 times

7 | Raise Your Expectations