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Feasibility Studies and Business Plans Business plans and Feasibility Studies, professionally prepared, will give golf course owners, managers and potential investors the information they need to make strategic decisions. Together with our consulting partners, we will be glad to provide you with all the assistance that you need. Feasibility Studies Feasibility studies start with a sound land assessment and an evaluation of the development costs and timing; golf course building costs; external and internal site costs; project start dates; operational revenue/expense budgets. Market studies must evaluate the demographics of golf including local and national participation rates, transient golfer participation and unique attractions that can co-market the golf facility. Our demand analysis takes into account permanent and seasonal populations, tourists, traveling public, regional marketing campaigns and other similar criteria. We list and breakdown existing golf facilities by private vs. public, 9 vs. 18 holes, calibre/quality; all within various distances from the proposed facility. Personal interviews with local clubs enables us to understand the saturation of golf in their area and provides us further information on operating costs, staffing levels, and consumer trends.
Business Plans Our dynamic business plans identify numerous project variables to allow the utmost flexibility in altering your project costs to suit your needs. Rates of Return and Net Operating Incomes are produced for numerous scenarios with unlimited adjustments to project costs. Once the business plan is complete you are left with a road map for delivering your development. This document gives you industry contacts, timelines and budgets allowing you to execute your project. Most importantly, this document is used to support your application for funding. In the process of completing feasibility studies and business plans, we focus on several key areas: Development Approvals Through consultation with area municipalities, county and regional governments, we begin the process of understanding the local process for development approval. We meet with key approval agencies to pre-scope the study requirements and prepare project schedules with timelines for appeal periods, review periods and task durations. The pre-consultation identifies the critical issues for development and gauges the initial public response. The time line allows our clients to allocate funding accurately. Preliminary Routing Plans In conjunction with a golf architect, we arrange for routing and concept site plans for your course. The concepts can incorporate existing golf facilities, walkways, trail ways, campgrounds, residential developments, marinas, etc. This exercise graphically shows how a golf facility can be accommodated on the net available land. A coloured rendering of the routing provides an excellent marketing tool for potential investors and the general public. The golf architect prepares an opinion of construction costs for the specific project. The routing plan and project costs are used to determine what form of golf facility can be feasibly built.
Project Cost Proforma Detailed proformas are developed showing all soft costs such as architecture, engineering, planning, legal, surveys, reporting, interest and financing charges. Capital costs for the golf course are combined with costs for external and internal servicing, buildings and site preparation. All costs are summarized and checked against industry standards and reviewed by architects, contractors and other professionals for accuracy. Valuations Owners frequently ask, "What is my golf course worth?" At Golf Zona, we provide professional valuations incorporating the standard valuation techniques and site-specific factors. The valuations can be used when buying or selling a golf course, refinancing or seeking new project financing. Contact Contact us at: This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or through our other contact details.
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