[Bill14564]

Originally Posted by golfing eagles

My friend's son, who is an assistant pro in South Florida and went to 4 years of golf management school, and I have been questioning the same about the championship courses. Average greens fees, exclusive of cart rental and pro shop merchandise, taking in to consideration enhanced/resident/guest rates and time of year is about $62. There are about 1.1 million rounds on champ courses/year or about $68+ million in revenue. To keep an 18 hole course in excellent (not Augusta National but excellent) condition costs around $1 million/year. we now have the equivalent of 19 1/2 18 hole courses, so 19.5 M /year. Now, throw in building maintenance, utilities, staff and miscellaneous overhead as well as major course renovations and what? maybe double that, or even 250%? So let's say $50M---where does the other $18M go? Especially since course conditions are often "questionable". Brian99 knows more about this than I, perhaps he could weigh in, but my friend's son is very knowledgeable and has never been able to make the math work either

Profit to the owner of the courses? What do the numbers look like for a Florida course outside the Villages?