A UK investor was looking to make acquisitions in the golf sector and appointed Cornerstone Golf to identify clubs, agree terms and manage the process of due diligence, purchase and integration on their behalf.
An overseas investor was looking to make acquisitions in the UK, and appointed Cornerstone Golf to identify clubs, agree terms and manage the process of due diligence and integration.
After a number of loss-making years, the owners of this freehold proprietary members club were looking for an exit. Cornerstone Golf were appointed to operate the club, turn the business around and prepare it for sale – all in the space of 6 months.
This young freehold proprietary members’ club fell into financial difficulty early, misjudging its market for membership. Cornerstone Golf came in to reassess the offering and put the club firmly back in the black.
This 36-hole proprietary club in South East England were operating with a vulnerable revenue model. One that exposed them any time there were changes in consumer behaviour. Cornerstone Golf set out to shore up its footing, leading to a significant boost in turnover.
With personnel changes impacting on business performance and continuity at this long leasehold private members club in Southern England, Cornerstone Golf came in to advise the board, address the structure and build a platform for long-term success.
This prestigious private members’ club had a full membership and good levels of business. But this was not translating into operating surpluses. Cornerstone Golf were appointed to see where the club were going wrong.
Like many clubs up and down the country, this long leasehold proprietary members club was in a sound financial position, but chronic underinvestment meant cracks were beginning to show. Cornerstone Golf were engaged to turn the tide.
A quality, contemporary members’ club was to be affected by a housing development on adjoining land. Its owners asked Cornerstone Golf to assist in managing the club during a planning period and assist them with professional communications for the proposed changes to the golf course and facilities that were set to follow.
This long-established private members’ club was included in a development scheme that could ultimately result in the closure of the golf club. Cornerstone Golf were engaged to see whether a sustainable future for the club was possible.
This private members’ club was subject to a compulsory civil works order that would permanently alter the design of the golf course, have short and medium-term impacts on the trading opportunity of the business and, potentially, the asset value of the site. Faced with these unprecedented circumstances, the club turned to Cornerstone Golf to assist.