Preliminary Business & Financial Questionnaire

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General & Financial Information

Course Name:
Owner(s):
Address:
City, State, Zip
Phone:
E-mail:
Form of Ownership: (C Corporation, Limited Liability Corp, Partnership, Proprietorship, other)
Does this company hold all assets, including land? If not, describe ownership structure - all companies/individuals and relationships.
Who has decision making authority?
Where personnel and other expenses are incurred, who makes the decision?
Who makes the decision where equipment is owned?

Note: (Please e-mail Income/Expense statement, at least one year, and preferably, two years.)

If audited statements are available, what years?
Debt Secured: (RE)
Long Term $ and Short Term $
Secured: (By Equipment)
Long Term $ and Short Term $
Unsecured:
Long Term $ and Short Term $
Annual Capital Expenditures:
Is Property Subject to:
A Land Lease:
(If yes, please explain.)
Is Property Subject to:
Right of First Refusal:
(If yes, please explain.)
Is Property Subject to:
Option to Purchase:
(If yes, please explain.)
Are there any unusual title restrictions or covenants?
If yes, please explain:
Are there any environmental concerns or problems? If yes, please explain:
Has a Phase I Environmental ever been done? If yes, please explain:
Has a Phase II Environmental ever been done? If yes, please explain:
Date and type of last survey:
ALTA Survey?
Rounds played per year (18 hole) equivalent: (add totals next to the equal signs)
Current Greens Fees / Player
  2005 2006 2007 2008
In season:        
Weekday High  High  Low  Low 
Weekend High  High  Low  Low 
Off season:        
Weekday High  High  Low   Low 
Weekend High  High  Low  Low 
         
Current Cart Fees/player 2007:  $  Carts Utilization:    %
Current Cart Fees/player 2008:  $  Range Fees:  $ 

Course Information

Architect:
Type: (Public, Private, Semi-private)
Location of Golf Course:
List: Year built, nearest metropolitan area
Yardage from Championship Tees:
Par:
Slope:
Rating:
Total acreage of property:
Turf Area: 
Is course part of a Development? If yes, what is the level of quality and completion of the development?
What are the expansion possibilities for the course?
Clubhouse Facility:
Permanent, temporary, none
List: Sq. footage, date built, type of construction, number of stories
Banquet / Outing Capability:
Cart Storage Facility:
Permanent, temporary, none
List: Square footage, type of construction: (Under clubhouse, separate from clubhouse, open w/roof, open w/o roof), date built, cart capacity, manufacturer of fleet, number of carts, owned or leased, age of fleet, electric or gas:
Maintenance Buildings:
Permanent, temporary, none
List: Square footage, type of construction: (Wood, brick, steel, other), date built
List any other buildings and use:
Practice Facilities:
Describe: range, putting green, range tee capacity, range tee surface, tee to green
If no Tee to Green, please explain:
Cart Path Information:
Describe Cart Paths: Material: (Asphalt, concrete, or other), Width, Date Completed
Turf Type:
Greens: Varieties:
Tee: Varieties:
Fairway: Varieties:  
Rough: Varieties:  
Water Source:
What is your water source and its capacity per month or year:
If purchased, average annual cost past 3 years:
Water contracts or permits: (Yes or No) If yes, please explain. If not, what is the perpetual source?
Storm Water Drainage System:
Please list number of lakes, creeks, and rivers:
Is any portion of the golf course in a flood plain? (Yes or No) If yes, please explain:
Describe the irrigation system: (Automatic, manual, none), Valve system (valve in head, block valve, quick coupler)
List manufacturer and model of irrigation equipment: Heads
Satellites
Central
Describe age, capacity, manufacture and condition of pumps:

MARKET INFORMATION

What do you consider your market and why?
Number of public, private, and semi-private courses in market with comparable rates:
Names and Fees of competitive courses in area: List the name of course, peak green fee w/cart, and annual rounds.
If memberships are available, describe:
How many memberships possible?
How many are sold today?
What is turnover?
What are the dues associated with membership? List Family, Corporate, Single, Junior dues for each of the following years: 2008
2007
2006
What is the initiation deposit? List Family, Corporate, Single, Junior dues for each of the following years: 2008
2007
2006
Are there Assessments? (Yes or No) If yes, describe timing, amount and purpose of last two (2) assessments.
Are there minimums? (Yes or No) If yes, please explain:


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