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#21 |
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#22 |
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#23 |
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Where do golf courses make their money? |
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#24 |
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You know a lot of the golf course now have banquet halls, I'll bet they make a sizable amount on that, plus I'm not sure if they make a lot of money on outings. There is a course near me that almost exclusively does outings, to me it has ruined the course but they seem to be doing fine. |
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#27 |
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#28 |
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Most of the revenue is green fees. Members typically play enough rounds where the rounds played per revenue brought in is less than the daily players. It depends on the course though. Yes, margins are high on water & beer but green fees are 100% profit (excluding fixed costs of maintaining the course). At most courses, the pro runs the "pro-shop" and buys and sells his own inventory. Likewise, the pro typically keeps 100% of the lesson fees unless he's an assistant.
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#29 |
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#30 |
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