Whether you are pricing and launching a new membership program, analyzing up coming pricing for the new season, or creating a business plan for your new club in positioning it appropriately within the marketplace for maximum success, Global Golf Advisors is the source for professional market analysis and studies.
For an in depth understanding of your needs, please contact one of our principals for further information.
Business Plans/Feasibility Studies
A key component for the success of any new venture or
existing dynamic company is charting a roadmap to provide a plan for reaching
your goals. Global Golf Advisors has provided comprehensive business planning
and feasibility services to a vast array of golf properties worldwide. Our plans
and studies bring together various components in a logical fashion to provide
you with a detailed outline and roadmap for success. Our business plans and
feasibility studies encompass a market study, a vision or strategic positioning
analysis, detailed operational discussions, as well as financial feasibility
or financial return analysis.
Our business plans and feasibility studies are ‘bankable’ documents that can be utilized to assist you in providing your financiers with key information that they would require in assessing the merits of your property.
For a detailed discussion of how our business planning and feasibility services can aid your property, please contact one of our principals for further information.
Business Valuation Services
For over 15 years, Global Golf Advisors (formerly KPMG
Golf Industry Practice) has been providing valuation services for all types
of golf course properties worldwide. As a result of our databases of key industry
information and tracking of golf course transactions, we are the leaders in
analysis of industry capitalization rates as well as operational / cash flow
normalization. For years, Global Golf Advisors has been the leading firm in
providing expert valuation assistance for a variety of leading financial institutions
(both Schedule A banks as well as specialized financing firms). Our valuations
have been relied upon in varying instances including but not limited to: debt
and equity financing, estate planning, taxation structuring, purchase and sale
transactions, contract negotiations, arbitration, and expert testimony.
Our valuation service encompasses both private and public golf facilities as well as new and existing golf courses.
Please contact one of our principals for additional assistance and discussion of your specific needs.
Clubhouse Consulting
One of today’s most costly components within a
golf operation, both from a capital and operational perspective, is the clubhouse.
Despite its significant costs and overhead, many golf properties continue to
place little emphasis on ensuring an appropriate and functional clubhouse is
designed (either in construction phases or during alterations) to meet the needs
of your golf course and customer base. Gone are the days of ‘build it
and they will come’. Today’s clubhouses must be functional, cost
effective, and flexible to the needs of the golf course.
Global Golf Advisors has provided years of consultation concerning layout and functionality planning for clubhouses, capital budgeting, as well as analysis of existing clubhouses in determining the optimal courses of action to maximize utilization and returns on investment.
Marketing Plans
Increasingly, marketing of your golf facility is becoming
more and more critical in reaching your customers and in attracting new business.
With the competitiveness of the business ever increasing and intensifying, Global
Golf Advisors has worked with its clients over the years to adapt and change their marketing
strategies to meet the needs of the competitive landscape to help in ensuring
preservation and expansion of market position.
Whether you are seeking plans related to attracting new members, repositioning your facility, or simply seeking more cost effective methods of reaching your audience, Global Golf Advisors can aid you in reaching your goals.
On-Site Monitoring – Construction Phase
Building a new golf facility? Ensuring that you have
an experienced and qualified project manager in place is key in the early and
ongoing stages of bringing your golf facility to fruition. While project management
related to construction is one component, Global Golf has assisted many golf
courses in the construction phases by providing overall financial management,
independent change order reviews, contract negotiation, and overall budget management
during the construction phases.
Human Resource Support
Global Golf Advisors has assisted many clubs throughout
North America in sourcing experienced and qualified industry professionals to
fill key management positions at the golf course. We have hired general managers,
superintendents, food and beverage managers, and head professionals for some
of the industry’s leading golf facilities.
Financial Forecasting and Budgeting
A subcomponent of many of our larger studies typically
involves the preparation of detailed financial forecasts and budgeting exercises
for our clients. Global Golf Advisors utilizes our significant experience worldwide
along with our significant database of operational and best practices information
to provide our clients with financial forecasts and budgets that are based in
‘reality’. Whether you are a public or private golf course, a resort
golf course, or residential based, Global Golf has the expertise to assist you.
Transaction Structuring
Forethought and careful planning in the initial stages
of any acquisition, new build, or transaction can provide key benefits in the
long run. Global Golf Advisors has experience with nearly all facets of any
golf operation, transaction related thereto, and acquisition / divestiture planning.
Leverage our knowledge and put it to work for you!
Assistance in Sourcing Financing (Debt and Equity)
Over the years, Global Golf Advisors has established significant
relationships with key industry lenders and other sources of capital. As a result,
Global Golf Advisors has the ability to assist your project in finding financing
that will not only suit the financial requirements but also in bringing a potential
financing source that is best suited to your specific situation. This aids in
the process of due diligence and closing on the part of both parties.
Integration/Planning of Golf Course with Real Estate
Are you considering adding golf to your real estate offering?
In many cases, golf has proven to be a highly successful amenity or addition
to a significant number of real estate based projects. However, there are many
pitfalls that also must be avoided. Ensuring that golf fulfills its desired
purpose within your development is key; however, this must occur without adverse
short and long term consequences. Global Golf Advisors has aided many of the
world’s largest developers in bringing to market real estate driven projects
that incorporate golf successfully and provide for viable and executable exit
strategies that are well thought out up front.
Please contact one of our principals for further information.
Integration/Planning of Golf Course with Resorts
Considering adding golf to your leisure property or resort
setting? Ensuring you are armed with all of the key information to make an informed
decision in this regard is key. While golf can be a catalyst to certain resort
settings, inappropriate planning and poor positioning can be critical errors
that can be detrimental to your overall project. We at Global Golf Advisors have worked
in numerous resort settings and have provided detailed advice concerning positioning
of golf, pricing strategies, integration and operational management of golf
in the context of the resort as a whole, and in understanding what you can expect
for golf both in the context of driving demand for the resort and vice versa.
Please contact one of our principals for further information.