Acquisitions
RDC Golf Group is an active acquirer of golf courses and country clubs and has a proven track record of closing sizeable transactions quickly and professionally. Acquisitions can take the form of purchases, leases, joint ventures or other creative structures tailored to meet each property’s particular needs.

Management Assignments
Leveraging the vast experience gained through operating its own golf facilities, RDC Golf Group also offers management services to other owners – whether they are owner/investors, not-for-profit membership groups (equity clubs) or institutions.

In all cases the goal is the same – maximize the potential of the golf course or country club by surpassing service and quality expectations in all areas, guided by a solid business plan implemented by an experienced team of professionals utilizing an operating infrastructure not available to most golf course owners.

Management Services

FOR OPERATORS AND MUNICIPALITIES…

Prior to beginning the operations of a golf project, understanding the potential financial viability of the proposed facility will be a great help in assuring the greatest opportunity for success. Feasibility studies have become a crucial component of proposed golf facilities, focusing on the essential aspects of new golf facility development. Further, a credible and impartial feasibility study is essential when attempting to secure community support. To this end, RDC Golf Group has conducted unbiased new golf facility feasibility studies for municipalities. The key elements addressed in these feasibility studies include:

• Identification of the target market for the proposed project
• Assessment and documentation of the target market
• Documentation of historical performance of competing facilities
• Recommendation of the most appropriate operating and fee structure
• Estimation of the expense needed to construct and operate the facility
• Identification of the supportable level of capital investment that will allow the project to achieve its fiscal goals

FOR OWNERS…

OPERATIONAL AUDIT -

For any existing golf facility, its operational structure and procedures can strongly impact the profitability of the individual profit centers and the entire operation. Golf courses must strive to provide the best possible product, while generating the maximum amount of revenues in a cost efficient manner. This is especially true in changing markets with increasing competition. RDC Golf Group assists an operation by assessing and reviewing the following:

• Individual profit centers
• Maintenance practices
• Fee structures
• Needed capital improvements
• General operational practices

This provides the client with an in-depth analysis of the facility's strengths and weaknesses. This can be utilized as a strategic overview to improve any facility.

CUSTOMIZED ANALYSIS REVIEW

If your facility does not require a complete operational review/study and you continue to have difficulty with specific revenue centers, RDC Golf Group may provide your facility with a customized study such as:

• Food and beverage operational review
• Clubhouse analysis and review
• Complete financial statement analysis
• Pro shop analysis
• Driving range analysis and review
• Golf cart usage/revenue analysis
• Membership/marketing plan
• Agronomic review
• Management contract review
• Review of lease/concession agreements

FOR BUYERS AND LENDERS...

MARKET FEASIBILITY STUDY - ACQUISITION/REFINANCING

In today's golf market, the acquisition of existing facilities requires careful planning and knowledge of both the property under consideration and its market area. Only with an understanding of the due diligence elements can the present and future revenue generation and debt retirement potential of a golf facility be determined. RDC Golf Group Acquisition/Refinancing studies typically focus on general feasibility study issues, plus other items such as:

• The physical condition of the course
• Anticipated changes in the facility's operations
• Competition in the marketplace

Drawing from years of experience owning and operating golf courses and country clubs, RDC Golf Group now offers it's Owner's Perspective to you.

Whether you are a developer, owner, buyer or lender, you will benefit from RDC Golf Group's experienced gained from its own investment in golf facilities. Few other advisors can offer such a real world perspective.

Advisory Services

FOR DEVELOPERS…

MARKET FEASIBILITIY STUDY - GOLF FACILITY DEVELOPMENT

Prior to beginning the development of a golf project, understanding the potential financial viability of the proposed facility will be a great help in assuring the greatest opportunity for success. Feasibility studies have become a crucial component of proposed golf facilities, focusing on the essential aspects of new golf facility development. Further, a credible and impartial feasibility study is essential when attempting to secure financing and/or attract potential partners. To this end, RDC Golf Group has conducted unbiased new golf facility feasibility studies for developers. The key elements addressed in these feasibility studies include:

• Identification of the target market for the proposed project
• Assessment and documentation of the target market
• Documentation of historical performance of competing facilities
• Recommendation of the most appropriate operating and fee structure
• Estimation of the expense needed to construct and operate the facility
• Identification of the supportable level of capital investment that will allow the project to achieve its fiscal goals

FOR ASSISTANCE WITH ANY OF RDC GOLF GROUP'S ADVISORY SERVICES PLEASE CONTACT MATTHEW GALVIN, EXECUTIVE VICE PRESIDENT AT:
Phone: (732) 656-8900
mgalvin@rdcgolfgroup.com