I never understood clubs that have daily cart fees for members. How does that work out? I mean for a guy that plays 4 times a week, it can add up more than dues itself.
do you go around to the other courses much? or stick to your home 2?
nice club, you get to play the south much?
in fact ULTRA nice club for someone who has played for less than a year, whats that story?
I never understood clubs that have daily cart fees for members. How does that work out? I mean for a guy that plays 4 times a week, it can add up more than dues itself.
do you go around to the other courses much? or stick to your home 2?
You pay $150 a month. Then each time you go out, you pay $25 to play 18 (includes cart --- and in Northern GA you pretty have to walk anyway).
I play 3-4 times a week, so let's say I play 14 times a month. That would be $450 a month in greens fees. So now in the end I would pay $600 a month.
Not necessarily cheap, but not outrageous either. Especially considering I can play ANY of those courses for the same price. Which is HUGE because if the course has an outing or is aerating that day or I just want to play a new course for fun and to help with my game, I simply just go to another coure. I'm essentially a member at 23 clubs for less than $600 a month.
They also have an infinity membership where you never have to pay a greens fee and get unlimited golf. It's like $5K down and then $375 a month. Got a friend who has that and between him and his wife they were paying about $750-$850 a month on the regular plan. He said in one year under the infinity membership he had saved up enough money that it basically paid off the $5K he had to put down.
It's also beneficial to the company as they get a lot of members and a ton of play. Olde Atlanta Club last year got almost 55,000 paid rounds of golf.
It's one of the few, smart and unique business models in any facet of the game I've seen. Too bad nobody else has the idea to do the same thing.
3JACK
sounds like the infinity plan is the way to go, IF you get all 26 courses.
55,000 rounds a year makes my job very hard, without proper budjet. I am glad I am not at a club with that kind of play.
totally agree, it is a very smart model. Especially in the Atlanta market, where the competition is high for the golfer dollar. The company I work for has almost 40 golf course in 9 states, so kinda the same yet much more spread out. Though many of our courses have "sister" courses that lots of our members go play for $10 cart fee. Nice to see a company like canongate get and stick with a good model.
Needham says, "I never understood clubs that have daily cart fees for members. How does that work out? I mean for a guy that plays 4 times a week, it can add up more than dues itself."
In my view this is a puzzling statement for a guy that works for a golf course management company. Now perhaps, he is not is a position to see the P&L statement. I've been a member of 5 different clubs over the years and every one charged a cart fee for each round. At several of the clubs the Pro got a cut from the cart fees. In my last club as things got tight, they took that revenue away from the pro. It's a tricky battle between raising monthly dues and restaurant minimums versus charging for other things like carts and range balls.
Making money running a golf course, Public or Private, is tough. Think of how the P&L's compare for a course in Atlanta, with year round play, versus a course in Chicago, with play from say May through end of September.
The golf industry needs to do a better job of realizing that golf needs to be affordable and the elite, exclusitivity really doesn't work. It seems that golf club manufacturer's seem to 'get it' lately, but other than that most of the industry seems to keep running into the same wall and just blame the bad economy.
3JACK
Needham, no offense was meant. It, frankly, amazes me how thin skinned some people are. I suppose you somehow felt slighted by me questioning whether you were privy to the P&L, but how would we know that you actually see the P&L. You then go on to say, "I do not want to be rude, but instead of thinking you know something, you might want to ask WHY I think that." This is an example of your over reaction. Now think about it. All I really said was that many golf courses charge for cart fees. I think that is an undeniably true statement. It may not be true for your 40 course company.
You also refer to blueblood country clubs with some contempt. I assure you that perhaps the clubs I belonged to were locally held in high regard, they weren't blueblood clubs. I wish they had been, but no, they were just run of the mill clubs. Here is another fact. Since the 1986 tax law change, private country clubs have been struggling. All of the private clubs in my area are hurting as members examine the annual cost and opt out. The ones that are doing well are the very high cotton clubs where money is essentially a non-issue.
So you said you liked talking about this subject. I would be curious to know what the typical annual Platinum membership costs. Are these courses semi-private? What is the typical number of members? Are they typically located in larger metropolitan areas? What is the typical number of rounds per year?
Just interested.
Cant believe how much your guys have to pay for membership. I pay £630 (approx $1000) a year for unlimited golf and thats a pretty typical price over here.
My course is only 6300 yards but nobody tears it up even pros. Course record is 65 and the elements are its defence along with some tough greens. A 20mph wind is a light breeze for us.
The Mendip Golf Club
My course in south Wales was £480 a year, and I have had a hard time adjusting to the exorbitant costs and 5 hour rounds back in the States.
And yes, I agree, there isn't any wind to speak of until you are 25mph and above!