New data from Sageworks, a financial information company, show that U.S.
golf courses and country clubs, on average, face persistent unprofitability.
Average net profit margins for privately owned golf courses and country clubs (NAICS 713910) have been negative for several years.29 Jun 2014
Can a golf course be profitable?
There are some things management can do to make a golf course more profitable. These might range from opening a private club at least to some degree to the public. In many cases, the only way to turn a profit is for some or all of the land where the golf course is located to be re-developed into other (non-golf) uses.
Is golf course property a good investment?
A home on a golf property is the ultimate investment. Of course, there’s no such thing as a perfect investment. Properties on golf courses have their own risks. The good news is a discerning eye, some research, and lots of good judgement will make sure you’re putting your hard-earned money in the right place.
Do Golf Club members pay green fees?
Being a member allows you to go up to the club for a few holes or practise session. Most people who pay the green fee at a course feel they should play 18 holes, and why not.3 Dec 2011
How much does golf cost per year?
Median Cost Per Round
The median cost for 18 holes of golf at a public course on the weekend is $36, including a cart, according to the survey, which noted that at a daily course — a privately owned facility open to the public — the median cost was $40 for a weekend round.