"We should've done this 10 years ago..." - Board Member, MacGregor Downs Country Club
Should My Club Consider a Recapitalization?
Today there are approximately 3,300 member-owned, private clubs in the U.S. Experts agree that more than half are carrying dangerous levels of debt. That debt makes capital reinvestment challenging. Without reinvestment, clubs struggle to retain members and compete for new ones. In the face of these challenges, hundreds of clubs have transitioned to non-equity status in recent years.
Recapitalizing with a well-funded partner like Concert Golf Partners addresses the fundamental challenges many clubs are facing, even after more than a decade of economic expansion nationwide. Here are the top 10 signs your club may want to recapitalize.