Quote:
Originally Posted by Papa_lecki
I wondered why The Villages didn't make one or two of the Championship Courses a real country club business model - you pay a non equity initiation fee, annual dues, minimum food spend, add locker rooms?
Many would not join, but there seems to be enough who would
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Think about how many complain about a $4 cookie, or $5 cup of coffee. Can you imagine them dropping $20,000 plus to join a exclusive country club?
Can’t imagine a retirement community being able to support a true country club. The private club we belonged to was $20,000 buy in at build. When only 23% wanted to buy in they opened to the public. The private clubs that prosper have clientele that still is working, and small percentage that has retired.