Case Study

 

Situation:

• This 36-hole semi-private club was purchased out of bankruptcy in 2014 by a group of members

• The club had lost a substantial number of members, was operating at a significant cash flow deficit and faced material deferred maintenance issues

 

Solution:

• Hired Arnold Palmer Golf Management under a long-term management agreement

• Restructured the Club to operate solely on behalf of the members

• Established a viable operating model that featured revenue generation strategies and much needed cost efficiencies

• Added over 400 Golf Members in the first year

• Working with the Owners and HOA on a long-range workout and sustainability plan