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07/24/2008
Business community gives wounded soldiers ability to golf
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06/25/2008
Cart helps disabled golfers get back on course
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05/23/2008
Ready, Willing and Able Ty Payne is a Jack-of-All-Trades at Triple Tee Golf Center
(more...)

04/21/2008
Golfer with Disability Scores Hole-in-One at Niagara Parks' Legends on the Niagara
(more...)

04/21/2008
Longbow introduces two SoloRider golf cars to its fleet
(more...)

04/18/2008
Local Community Pulls Together with Innovative Fundraisers To Purchase SoloRider Golf Car for Seniors, Disabled Players
(more...)

04/18/2008
Grant, Golf Helps Veterans Rehabilitate
(more...)


 
 

Calculating Your ROI

Private Golf Daily
Club Resort Fee
Annual lease cost per car $ 2,092 $ 2,092 $ 2,092
Additional Rounds per Year
Mobility rounds 120 24 120
Companion rounds - 24 60
Rounds per single-rider car 120 48 180
Revenue per round - Cart Fees
Mobility rounds $ 15.00 $ 15.00 $ 12.00
Companion rounds $ 15.00 $ 15.00 $ 12.00
Direct Revenue - Cart Fees $ 1,800 $ 720 $ 2,160
Incremental greens fees
Mobility rounds $ - $ 75.00 $ 35.00
Companion rounds $ - $ 75.00 $ 35.00
Incremental Green Fees $ - $ 3,600 $ 6,300
Membership Dues Retained
Members retained 2 - -
Dues per month $ 275.00 $ - $ -
Dues Revenue Retained $ 6,600 $ - $ -
Incremental Resort Revenue
Overnight rooms - 24 -
Revenue per room-night $ - $ 175.00 $ -
Dues Revenue Retained $ - $ 4,200 $ -
Added Cash Flow 8,400 8,520 8,460
Lease Option:
Revenue 8,400 8,520 8,460
Lease payments (2,092) (2,092) (2,092)
Net Cash Flow 6,308 6,428 6,368
Return on Investment 402% 407% 404%
(Revenue/Lease Payments)

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