Capital Expenditures
Many clubs have had to defer needed capital expenditures due to the impact of external economic or industry trends of the last several years. Others clubs have major renovations to the clubhouse or golf course that they know will generate returns through improved membership retention and growth. In addition to providing services to determine the priority and scope of these projects, Club Ventures will also consider solutions whereby we provide the funding in exchange for longer-term operating agreements that are mutually beneficial.
INVESTMENTS
Debt Reduction
In addition to the challenge of accessing funds to reinvest, many clubs find themselves burdened with debt levels that make it difficult to meet their operational and capital requirements. Club Ventures can first work with your club to find innovative ways to improve performance through growing membership and reduce operating costs. We can also help you explore more immediate relief alternatives by partnering with you to reduce debt levels to manageable levels. Similar to capital improvements, this may be done in conjunction with longer-term operating or management agreements.
Leases or Purchases
After consideration of viable alternatives, the optimum solution for the long-term stability and growth of your club may be through a lease or sale to another party. Club Ventures can assist owners in this process to help optimize the results of a potential transaction. Club Ventures will also consider these type of investments directly if there is clearly a way to make it a mutually beneficial for the members and the Company. A club is a very personal place for the membership, and we would not pursue a transaction of this nature unless the members were still very interested in helping us govern the club through a cooperative Board and Committee structure.
