Private Club | Golf Resort | Daily 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 | $ 15 | $ 12 |
Companion rounds | $ 15 | $ 15 | $ 12 |
Direct Revenue – Cart Fees | $ 1,800 | $ 720 | $ 2,160 |
Incremental greens fees | |||
Mobility rounds | – | $ 75 | $ 35 |
Companion rounds | – | $ 75 | $ 35 |
Incremental Green Fees | – | $ 3,600 | $ 6,300 |
Membership Dues Retained | |||
Members retained | 2 | – | – |
Dues per month | $ 275 | – | – |
Dues Revenue Retained | $ 6,600 | – | – |
Incremental Resort Revenue | |||
Overnight rooms | – | 24 | – |
Revenue per room-night | – | $ 175 | – |
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 (Revenue/Lease Payments) |
402% | 407% | 404% |