Golf Course Owners: Do you have any idea how much money you're missing?
Why Michael Kahn as Your Golf Course Operations Management Consultant?
Confidence. First and Foremost you can be 100% confident that I will act and advise you strictly in your best interests. Whether you're planning to buy a golf course, already going into diligence, expanding, or planning your next year's budget, I can advise you as your operations expert. You are making use of over 60-years of experience in virtually every type of golf course or golf-related business.
Home Owners Association (HOA) with a Golf Course Problem? Is your problem an HOA and Golf Course issue? I will address your particular challenge (all are a little different) with the most practical solution for everyone living in the golf course community. One thing for sure: They all have one thing in common, which is the value of their investment in their home. I have spoken to so many homeowners on this subject.
Trust You want trusted experience on your team. I have operated, financed, brokered every type of golf course including bentgrass and Bermuda grass. I will provide you with all the references you need to make you comfortable with Michael Kahn as your consultant. With over 60-years in every phase of golf course operations available to you we can work together to reach your goal.
Michael Kahn's Extensive Golf Course Business Network. I have 2,300 Linkedin connections with over 100 endorsements from golf business people from around the world. I was a member of the Golf Course Business Consultants (GCBC), an esteemed group of individuals from many specialized fields related to the golf course industry. Whether it's a Market Analysis, HR Issue, Refurbishing the Golf Course, Analyzing Food and Beverage Operations, Accounting Sources, Environmental Audits, Tee Sheet Management, Web Site, and Networking, as your consultant I become your complete set of tools to support your golf course business.
I Find Money. I Find Savings. I can make you Happy!
I am paid for providing experienced advice. Once I have completed my golf course operations analysis I am ready to advise where you can make or save money. However, I never advise in a manner that compromises your customer's experience. It's really that simple.
At one course I found an easy $1 million over 8.7 years.
How many tips (tools) do I have in my toolbox? Probably thousands. For instance, one day I walked into a golf course and within five minutes I used a simple tool that found $115,000 in pure hard cash coming in the very next business year. In fact, it amounted to $1 million in cash in his pocket in 8.7 years. It was money the owner had no idea he was entitled to! Not a bad return for a low-cost analysis.
BTW: If you don't want the truth you don't want me. For instance, if it's time to abandon ship I'll tell you (subject to my disclaimer). Am I right? In my experience and opinion, "Yes!"
GETTING INTO GOLF? WHAT I CAN DO FOR YOU?
Buying a Golf Course?
I advise you as a potential golf course buyer - especially if it will be your first golf course ownership. I help evaluate the 'deal' with a review of the property, financial history, its marketplace, and value as real estate. I can also help with negotiations, the purchase contract (not as an attorney, but as a golf course business expert). Once onboard as your consultant, you'll have my LOI, PSA, and comprehensive 300- line Diligence Spreadsheet.
Nobody knows a golf course better. As your diligence leader, I review the financial statements back at least three years. I inspect every asset, every pertinent document, and every aspect of the golf course you have under contract. When I'm finished you'll know what you are buying (or not buying). You will also know what to expect in the future as the new golf course owner.
Transition - Taking Over a Golf Course?
Taking over a golf course as the new owner is like jumping onto a moving train. The closing is likely at midnight one day and to you to manage at 12:01 AM. There are dozens of reconnects you'll need to do so that everyday business is not interrupted. You'll need to adjust so many things such as banking, management, insurance, licenses, agreements, permits (especially liquor), contracts, etc. - almost at the flick of a switch. Don't forget! You'll also need to establish your trade credit as well. I'm an expert in transitions. I've done it.
Financing a Golf Course?
I help golf course owners and potential golf course buyers find financing and working capital for their golf course operations. I've helped golf courses obtain over $50 million in golf course financing with sources like Bank of America, South Trust, Textron Financial, and others.
After over 60-years in the business, I still believe there are innovative ways to raise capital - sometimes even for courses not currently making money. No guarantee meant here. If it's an impossible finance deal, I'll tell you - saving you time, money, and aggravation. I may even
recommend you walk away!
Need an Analysis of an Operating Golf Course?
Let me analyze your golf course operation, whether it's for a potential acquisition, or it simply needs another experienced eye to get the business on track. My Operations and Management Analysis is highly in-depth. My clients are often rejuvenated and ready to apply my recommended methods to get the business back in the black (and the banker of his/her back).
Mike Kahn as Your Buyer's Broker
I am a licensed real estate associate in Florida. I work for golf course buyers from out of state who are looking for golf courses virtually anywhere in the world (but mostly in the USA). My brokerage fees are very low and I more than earn my fees, because I also act as your consultant to reduce the cost of the/a transaction. I help put a value on a target golf course property to you as a buyer, for instance:
Under a buyer-broker agreement, my client placed an offer for a golf course and went into diligence. Partway through diligence, I advised my client to walk away, but be prepared to come back at a lesser purchase price, as I had uncovered several hidden deferred issues. In fact, my client accepted my advice, withdrew his offer, but informed the seller that he would come back with what he was prepared to pay, which was several hundred thousands less. The seller accepted the lower offer and the deal closed. My client's saving was several times more than any commission.
As your buyer's broker, I work for you. I provide you with the appropriate letters of intent (LOI), legally prepared purchase and sale agreements (PSA), and my 300+/- line due-diligence spreadsheet. Then, once you get to the closing, I act as your transition consultant to help you take over the golf course smoothly and seamlessly.
I provide interim operations management, which begins with an operations and management analysis. Our management may be as oversight, either on-site, or remotely, or on-site via a temporary management agreement, for which I would bring a team. Under our interim management service, there is no long term contract involved (our last one lasted four months). As a management efficiency expert in the golf course business, I can work for a short period, like a week, or for longer terms.
Sell a Golf Course?
It's the World Market that will get you the highest price. I am associated with Prime Sites USA, LLC, a worldwide brokerage firm with its fingers in many countries like Brazil, Columbia, South Africa, China, Korea, Chile, Qatar, and many more. We use discretion on your behalf as a seller. Foreign buyers generally buy with cash, so bank financing is never an issue. We obtain proof of funds before any negotiations begin.
Start with a free no-BS consultation. Write to me: firstname.lastname@example.org