golfmak 2010

 

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kahn 12 2010

ABOUT MIKE KAHN

KAHN'S GOLF BUSINESS BLOG

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My Email: mike@golfmak.com

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Fixer-Uppers Could be Good Now

The Growing Private Club Dilemma!

MARKETING: Cheap prices as a means to compete is not always the answer

2008-9: Is this the Best Time Ever to Buy a Golf Course?

golf ball

It was the Ball! What I think you should know.

What Not to Do as a First-Time Golf Course Buyer

The Future of the Golf Business as I see it.

Golf Course Buyer's Guide

Financing a golf course

Finance to Buy, or Refinance a Golf

Course. Start the Process Here

You'll think I'm NUTS saying we need 1,000 more golf courses - until you read this

A Golf Course Buyers Formula

Getting a Golf Course Loan.

Avoid Mistakes that Scare Lenders Away!

Golf Business Experience. Mike Kahn's 50-Years.

Marketing a Golf Course: Simple Rules

Golf Business Consultation. Your first one is Free.

Golf Business Consulting. What Will it Cost?

The Truth About the Golf Business Today.

The Golf Course Superintendent? Do You Need One?

Golf Course Feasibility. Have You Updated Yours?

Buying Default Golf Courses Can be Lucrative for Tax Purposes

Golf Participation Statistics

A Golf Expert's Advice to Bankers

Golf Investors FAQ Sheet

Golf Course Financing. Where to look.

New Golf Courses. Your Players!

Golf Course Analysis

How to Create a French Drain

Golf Business FAQ Sheet

Golf Participation Statistic

Do you need a Superintendent?

Golf Operators. Watch Your DSR

How Banks Run Golf Courses. Have a look...

Tough Times for the Golf Business?

Golf Course Operator's Axioms

Golf's REITS and Trusts Distorting Factors

The Financial Downfall of Many Golf Courses -The "Big-Foot" Clubhouse?

The truth about the golf business.

Planning a Career in Golf?

Enjoy this editorial. "It was the Golf Ball!"

Kahn's Golf Biz Axioms

About Your Free Golf Business Consultation

Great Golf Web Site!

Members. Keep them Happy and Spending

Message to Bankers

Golf Course Management Companies: An Opinion 

Best information: The National Golf Foundation

About a Golf Course Analysis

GOLFMAK, INC.

Email: mike@golfmak.com

Phone: 941.739.3990

Fax: 425.675.6909

BRADENTON, FL

Michael A Kahn, Golf Business Consultant. From Grass to Finance. Over 50-Years at Your Service. Email: mike@golfmak.com

LET'S START GROWING THE GAME AGAIN - Like we did 50-years ago!

My Golf Course Review and Analysis

Request a Site Visit and Review Here

I found many smaller golf course operations like nine-hole courses, municipal courses, and country courses could not afford high-dollar experts to review, analyze and make recommendations to improve, sell or lease their golf course businesses. Unfortunately, they are the golf courses that need me the most and the clubs I feel I can help the most. I enjoy the work so much in the last few last years I decided to reduce the fee to an affordable level - only $2,500.00 plus expenses (see choices below). In the past few years I've sat in with the board of directors, private owners, bankers, lenders, and potential buyers.

My basic fee for an analysis is $2,500.00, ($3,150.00 if Golfmak pays travel and accommodation, $3,350.00 if Golfmak pays ground transportation and/or auto rental) plus expenses for a complete financial review, document review, leases, agreements, member docs, plus an all-day site review visit (3-day turnaround with travel). At site I meet with owners or boards. I deliver my written report and recommendations in less than 10-days. I must physically view the golf course and its market area to make an effective analysis.

A GOLF COURSE ANALYSIS: Fees

YOUR FIRST CONSULTATION IS FREE. JUST CLICK HERE AND ASK, OR CALL (941) 739-3990.

FEES FOR PROFESSIONAL SERVICES...

SITE ANALYSIS

WRITTEN REPORT

LEAD TIME REQUIRED

PAYMENT OF FEES

OUR GUARANTEE

WHAT I LOOK FOR

THE REPORT

FULL BUSINESS PLAN

OUR DISCLAIMER

GOLF COURSE SITE ANALYSIS $2,500.00 - A TYPICAL ASSIGNMENT COMPLETED IN 3 DAYS including travel. A Golfmak Golf Course Review includes a brief written report delivered by fax or Email.

WRITTEN REPORT : A written report will be delivered within 10 days of an on-site review. Our analysis and cash flow projections are accepted by major golf course lending sources.

LEAD TIME: Allow up to fifteen-days advance notice to confirm a Golfmak assignment. Shorter lead times will be accommodated when feasible.

PAYMENT OF FEES: NEW: As many clubs that need my kind of service are strapped for cash, I offer a split payment plan: $1,500 up front upon booking the assignment, the balance of $1,000 upon delivery of the written report. I require evidence of fully paid travel, site transportation, and accommodation (if overnight is required) confirmation before an assignment is confirmed. All fees are paid via PayPal.

GUARANTEED USEFUL: I guarantees to provide a reasonable and useful service to you and your golf facility. If you are unsatisfied with my work, please demand refund of my fee (excluding travel and accommodation) before I leave the premises. Your $2,500.00 will be returned immediately.

WHAT DO I LOOK FOR? You might be surprised at my attention to detail - and how quickly I can spot underlying problems. We do a walk about inspection of the golf course, the maintenance facility, maintenance equipment, and irrigation system. I review the daily activity reporting system, the kitchen, and marketing strategies. I review merchandising activity, tee-sheet management, and player service practices (starters, rangers, etc.). I observe employee habits and behavior. I conduct a local competitive analysis (usually completed before I arrive at the site). In most cases, because I often focus on overlooked or missed revenue or concession opportunities, the cost of my site review can pay for itself almost immediately!

THE REPORT: The written report is delivered by fax or Email within ten days. It is a candid summary of our review of the subject, plus any recommendations I may have.

DISCLAIMER: My review and analysis of a golf course property is supported entirely by my 50+ years experience in golf - refer to my resume and references. My report is designed to provide a board of directors, a bank, a golf course operator, a potential buyer, or potential lender with an assessment of the subject golf facility for assistance in making decisions. We will not patronize our client, rather, we report on what we see and our dialogue is entirely our opinion. Fees paid to Golfmak, Inc. are for time and effort only. Client is advised to seek professional advice in legal and accounting matters.

Michael A. Kahn

CALL: 941-739-3990 Write: mike@golfmak.com

 

EXPERIENCE (going back to 1956)

I have successfully managed: Private, Semi-Private, Public, Par-3, Executive Courses, and Lighted Practice Ranges.

Former Licensed Superintendent for Weedicides, Herbicides, Aquatic Weedicides, and Acquatic Herbicides

Finance Consultant: Placed over $100 million in golf course financing.

Former PGA Assistant Pro includiing the art of old-time backshop club repair (old fashioned methods),

Teaching professional Private and Group teaching for over 30-years

Former Golf Course Owner

Off-course retail store chain owner

Golf Course Broker - Over $100 millin in golf courses sold

Web site planning and publishing

Golf Course Turnaround Specialist

Clubhouse Design and Planning Consultant

Golf Course Buyer's Diligence Specialist

Golf Business Consultant

REVIEWED HUNDREDS OF GOLF COURSES

Ontario

Montana

Conecticutt

New York

Michigan

Ohio

Illinois

North Carolina

South Carolina

Georgia

Florida

Alabama

Louisiana

Texas

Caloifornia

Colorado

Kentucky

Tennessee

Minnesota

Isle of Wight (UK)

A PIONEER

Solid Range Balls

Tri-Plex Greens Mowers

Hydraulic Drive Reels

Cavity Back Golf Clubs

Private Brand Golf Clubs

Internet Tee Times Sales

Flymo (floating rotary mower)

Graphite Shafts

Indoor Golf Schools

Female Greens Employees

Non-Chemical Release Golf Course Fertilizers

Floodlit Night Golf

Video Tape Golf Teaching

Tee-Time Re-Selling

Golf Course Web Sites

100% Wall-to-wall bentgrass fairways

Using 3-wheel Motor Bikes as Work and Personnel Carriers (now trap rake vehicles)

Copywriting and Marketing Golf Courses on Radio, TV, Newspaper, and Billboards

Financial Statements for a Golf Course on Computer (Lotus 123)

Point-of-Sale Systems for Golf Courses