Country Hills Golf Course Hendersonville, Tennessee
COUNTRY HILLS GOLF COURSE HENDERSONVILLE, TENNESSEE OPERATING BUDGET JULY 2019 - JUNE 2020 Prepared May 14, 2019 Approved by Hendersonville Golf Course Commission May 20, 2019 GOLF MANAGEMENT GROUP 5210 Maryland Way, Suite 300 Brentwood, Tennessee 37027 (615)373-9400 COUNTRY HILLS Description 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 Rounds Played 22,526 23,319 23,303 21,073 21,487 22,475 Green Fees 376,506 379,458 369,607 337,011 361,424 363,888 Golf Carts 130,445 135,147 130,919 117,522 124,722 129,225 Driving Range Income 46,036 52,221 54,677 57,176 55,973 56,531 Pro Shop I 185,259 188,450 176,283 163,112 173,425 175,531 Golf Club Rental Income 1,055 1,790 2,908 3,144 2,235 2,454 Clubhouse Rental 12,025 8,768 7,760 7,650 7,943 8,000 Food 61,451 61,303 57,184 54,415 54,489 58,806 Beer 27,849 30,209 28,021 29,660 29,757 30,063 Taxes - Sales Tax (71) (88) (74) (61) (180) 0 Disc Earned - Sales Tax 0 0 0 0 0 0 Security Deposits Forfeited 0 0 750 0 0 0 Other Income 0 0 0 0 0 0 Interest Income 191 198 163 254 15 101 TOTAL INCOME 840,746 857,456 828,198 769,883 809,803 824,599 Income Per Round 37.32 36.77 35.54 36.53 37.69 36.69 Food Purchases 27,998 28,228 24,190 22,163 22,544 26,463 Beer Purchases 12,197 13,804 13,128 12,727 13,039 13,528 Pro Shop Purchases 136,963 146,751 133,230 119,523 110,345 123,000 Supplies for Resale 652 782 886 416 486 700 Pro Shop/Snack Bar Shipping 0 0 55 0 0 0 Inventory Adjustments-Food 176 (340) (280) 460 96 0 Inventory Adjustments-Beer (29) (261) (163) 521 (88) 0 Inventory Adjustments-Pro Shop 5,114 (5,582) (1,229) (82) 11,476 0 TOTAL COST OF SALES 183,071 183,382 169,817 155,728 157,898 163,691 GROSS PROFIT ON SALES 657,675 674,074 658,381 614,155 651,905 660,908 Payroll-Asst.
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