NGF reports latest operating and financial data for U.S. golf facilities

The National Golf Foundation recently published the 2001 editions of its Operating & Financial Performance Profiles of 18-hole Golf Facilities in the United States, which include gross revenues by facility type. This research provides facilities with a tool to benchmark their financial performance.

Profiles are available for private, daily-fee or municipal 18-hole facilities as well as ranges. Each 18-hole report is divided into nine climatic regions, and standalone regional reports also are available. The date for each is presented under three main headings: financial data, operating data and facility characteristics. Findings for each topic are broken down into four separate distributions (bottom 25 percent, median, top 25 percent and top 5 percent) to provide meaningful comparisons for each facility type.

Financial data includes in-depth information on line-item expenditures such as fertilizers/chemicals, advertising/marketing, facility insurance and utilities. Line-item revenues include merchandise sales, green and cart fees, golf range and food and beverage. Payroll expenses show full- and part-time employee expenditures, providing a comparison on each region to the United States as a whole.

Operating data looks at staff distribution for year-round/seasonal and part-time/full-time employees for course maintenance, the golf shop, food and beverage operations and administration functions. It also looks at the percentage of payroll dollars allocated to maintenance staff.

Facility characteristics report total acreage, total acreage maintained as turf, total acreage maintained as irrigated golf-course property, facility age and available amenities. The report also examines golf-cart usage and includes the average percentage of rounds for which a golf car was used and the percentage of facilities that require a cart.

Median total revenues for U.S. courses
(in thousands)

Municipal

Daily-fee

Private

$1,069

$992

$2,391

 

Median gross revenues per round for U.S. courses
(total facility revenues divided by rounds played)

Municipal

Daily-fee

Private

$25

$32

$95

 

Median net operating income for U.S. courses
(in thousands)

Municipal

Daily-fee

Private

$228

$227

$217

 

Average operating margin for U.S. courses
(net operating income as a percentage of total revenues)

Municipal

Daily-fee

Private

22%

25%

12%

For pricing information on NGF publications, visit the organization's web site at www.ngf.org/pubs.

Interactive Products

Equipment Blue Book

Used Equipment Valuation Guide

Riding mowers, lawn tractors, snow throwers, golf carts

Careers

Grounds Maintenance Jobs

search our jobs database, upload your resume