SheepDog4Life
Natural Gray Man
Please summarize the information into a balance sheet and profit and loss statement. We BOTH know that isn't possible with the info provided. You are offering the sleeves out of your vest.
A $200k membership is nothing. It's the ongoing assessments that keep a club running. I'm very familiar with one club that was on the PGA tour. Corporate memberships and member assessments kept it running. Revenues associated with the tournament defrayed most, but not all of the costs. The PGA and the players did pretty well, however.
You'd be better off owning a McDonalds franchise than most golf clubs.
Income of $384 Million per FEC financial disclosure for 2014. Forbes pegs his NET WORTH at $4 billion (not the more than $10 B Trump has claimed).
https://www.forbes.com/sites/erinca...s-personal-financial-disclosure/#6839e1d653ed
And... most golf courses are not bucket list golf courses.
Donald Trump?s Golf Courses Ranked | GOLF.com