Since the purchase of our first asset in March of 2012, DWA Golf has been able to not only enhance the playing conditions, customer service, and business system efficiency at The Golf Club at South Hampton, but it has also produced the following key statistics for the club’s business operations:
2012 Actual vs. 2011 Actual (Previous Owner):
- Increase in greens and cart fee revenue by 6%
- Increase in net golf shop merchandise revenues by 34%
- Increase in total club revenues by 5%
- Decrease in total golf shop merchandise cost of goods sold expenses by 8%
- Decrease in total club operations expenses by 7%
- Increase in total net income by 330%
2013 Actual vs. 2011 Actual (Previous Owner):
- Increase in total rounds by 17.5%
- Increase in greens and cart fee revenue by 22%
- Increase in net golf shop merchandise revenues by 45%
- Increase in total food and beverage sales by 16%
- Increase in total club revenue by 19%
- Increase in total net operating profit by 1,114%
- All club revenue categories have improved versus the club’s 2012 actuals by a significant amount and the club’s net profit has also more than doubled since 2012, the first year of DWA ownership.
2014 Actual vs. 2011 Actual (Previous Owner):
- Increase in net golf shop merchandise revenues by 69%
- Increase in net golf shop merchandise profit by 61%
- Increase in net food and beverage sales by 19%
- Increase in total club revenue by 19%
- The club’s net profit has increased by 9 times the profit in 2011 under the previous owner.
- All other club statistics maintained similar percentages as in 2013 versus the actuals in 2011.