Capital Reserve Studies
“The time to repair the roof is when the sun is shining.” – John F. Kennedy
Golf, leisure and private clubs have insatiable appetites for capital. As a result, clubs must maintain a robust and thorough roster of capital assets, ranging from community infrastructure and buildings, to rolling stock and maintenance equipment, to furniture, fixtures and utilities.
A GGA Partners Capital Reserve Study is a detailed inventory of each capital component of your club, while noting the current condition, standard useful life estimates, remaining lifecycle projections, current cost, and estimated future cost of repairs and replacements.
Supporting the capital reserve study, GGA Partners develops a dynamic financial model incorporating a club’s current operating profile and membership structure, to assist in determining a prudent capital allocation strategy to balance the maintenance of existing assets and the development of new amenities, while safeguarding the long-term financial sustainability of the Club.