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KAHN'S GOLF BUSINESS BLOG
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2,000 People who love golf at my Golfmak Yahoo Group!
Could be Good Now
Growing Private Club Dilemma!
Cheap prices as a means to compete is not always the answer
Is this the Best Time Ever to Buy a Golf Course?
It was the Ball! What I think you should know.
Not to Do as a First-Time Golf Course Buyer
Future of the Golf Business as I see it.
Course Buyer's Guide
a golf course
to Buy, or Refinance a Golf
Start the Process Here
think I'm NUTS saying we need 1,000 more golf courses - until you read
Golf Course Buyers Formula
a Golf Course Loan.
Mistakes that Scare Lenders Away!
a Golf Course: Simple Rules
Business Consultation. Your first one is Free.
Business Consulting. What Will it Cost?
Truth About the Golf Business Today.
Golf Course Superintendent? Do You Need One?
Course Feasibility. Have You Updated Yours?
Default Golf Courses Can be Lucrative for Tax Purposes
Golf Expert's Advice to Bankers
Investors FAQ Sheet
Course Financing. Where to look.
Golf Courses. Your Players!
to Create a French Drain
Business FAQ Sheet
you need a Superintendent?
Operators. Watch Your DSR
Banks Run Golf Courses. Have a look...
Times for the Golf Business?
Course Operator's Axioms
REITS and Trusts Distorting Factors
Financial Downfall of Many Golf Courses -The "Big-Foot" Clubhouse?
truth about the golf business.
a Career in Golf?
this editorial. "It was the Golf Ball!"
Golf Biz Axioms
Your Free Golf Business Consultation
Golf Web Site!
Keep them Happy and Spending
Course Management Companies: An Opinion
information: The National Golf Foundation
a Golf Course Analysis
Michael A Kahn, Golf Business Consultant. From Grass to Finance. Over 50-Years at Your Service. Email: email@example.com
LET'S START GROWING THE GAME AGAIN - Like we did 50-years ago!
- Kahn's Golf Course Business Blog
- Affordable interim golf course management - fast, temporary until you find a replacement
- Manage any golf facility - public, private, resort, muni, executive, retail store
- Who is Mike Kahn. Link to my 50-year history in golf
- Get your golf course back on track. A fast, efficient, professional 'eye-opening' analysis
- The Golf Course Buyer's Guide... Now a Bible for thousands of future aspiring golf course owners
- Golf courses for sale - all around the USA - Private, Semi-Private, Daily Fee, Executive
- JV Financing. I've participated in over $50 million in successful golf course financings
- New 'imaginative' finance strategies. Some work like a charm! Call me: 941-739-3990
- EZ-Zack - the GULF OIL CLEANUP TOOL A simple plastic hoop! You've got to see it.
22,000 SQUARE FOOT CLUBHOUSE!
CLUBHOUSE RULE: Every square foot over 4,000 loses money!
vast clubhouse is fine for a private country club with mega-money initiation
fees, substantial annual dues, clubhouse minimums, shoe shines, etc.,
but in the real golf business the clubhouse should be a functional 'Player
Service Center' (term originated by GOLFMAK).
oversaw a 27-hole golf course hosting 75,000 to 80,000 rounds. The
clubhouse, approximately 4,000 square feet of 'business' area, includes
grillroom, pro shop, offices, plus washrooms and storage closets. The
building is extremely attractive, yet functional, easy to maintain and
administer. In fact, at this particular club our concession 'opportunities'
were profitable (33% to the bottom line). The benefit of a manageable clubhouse saves personnel
and energy. An operator can concentrate more on marketing and serving
a couple of items you might review to see how positively or negatively
your clubhouse may be affecting financial activities (assumes you're
in the daily fee or semi private golf course business to earn a profit):
you see the food and beverage revenue above 15% of total revenue, you
may be falling too deeply into the restaurant-catering business. ("Hey!
Wait a minute! You just said I should be making money from my concessions!
"I know I did. But let me finish.") We believe that when 'clubhouse
activity' runs above 15% of overall revenue, a disproportionate demand
is placed on human resources and the operator's energy. Most golf course
operators will tell you that food and beverage demands a disproportionate
amount of energy and physical resources to manage. Try to stay in the
golf business - ("But that doesn't mean you give up profits from
a brief formula (guideline):
Golf Course, 4,000 sq. ft. Clubhouse, including 1,500 sq. ft. Grill
course revenue (includes power carts) - 80%,
shop merchandise - 05%,
square foot of clubhouse that lays dormant is a financial loss. However,
in our view it's a shame to see golf courses hosting wedding and banquets
just to pay the bills for an oversized clubhouse.
(going back to 1956)
have successfully managed: Private, Semi-Private, Public, Par-3, Executive
Courses, and Lighted Practice Ranges.
Licensed Superintendent for Weedicides, Herbicides, Aquatic Weedicides,
and Acquatic Herbicides
Consultant: Placed over $100 million in golf course financing.
PGA Assistant Pro includiing the art of old-time backshop club repair
(old fashioned methods),
professional Private and Group teaching for over 30-years
Golf Course Owner
retail store chain owner
Course Broker - Over $100 millin in golf courses sold
site planning and publishing
Course Turnaround Specialist
Design and Planning Consultant
Course Buyer's Diligence Specialist
HUNDREDS OF GOLF COURSES
of Wight (UK)
Back Golf Clubs
Brand Golf Clubs
Tee Times Sales
Flymo (floating rotary mower)
Release Golf Course Fertilizers
Tape Golf Teaching
Course Web Sites
Wall-to-wall bentgrass fairways
3-wheel Motor Bikes as Work and Personnel Carriers (now trap rake vehicles)
and Marketing Golf Courses on Radio, TV, Newspaper, and Billboards
Statements for a Golf Course on Computer (Lotus 123)
Systems for Golf Courses