When it comes to managing a golf club, one of the most often areas that is overlooked as a possible moneymaker is the humble golf cart. As it happens though, golf carts are actually one of the most versatile and profitable areas of many golf clubs. A large part of the golf cart’s strength stems from its ability to deliver profit directly back to the club on a daily basis through rental fees. Although golf carts have a whole range of benefits for golf clubs, there are a few key areas to keep in mind when maintaining them. With that in mind, here’s a breakdown of the most important concerns when managing golf cart rental fees.
They Need to Be Maintained
Although golf carts are a great source of revenue, they also cost money to maintain. It’s easy to forget that golf carts require regular upkeep, just as a normal car does, but it’s true. Since these vehicles are moving people back and forth on a daily basis, it’s only natural that a certain amount of “wear and tear” takes place over time. Club car golf cart parts can make the difference between a smooth rental operation and a chaotic one where carts are randomly shutting down from mismanaged repairs.
Rental Income Can Cover Other Costs
As mentioned previously, one of the big strengths of a well-managed golf cart rental operation is that it brings in revenue consistently. This means that you can take risks in other areas and have a safety net to fall back on. In addition, golf carts can help fill in the payment gaps during expansionary periods. If you’re interested in taking on more staff or improving your facilities directly, it will be much easier if you’ve already have a golf cart operation underway.
Golf Carts Can Improve Your Reputation
In addition to helping cover costs, golf carts can also have dramatic effect on a club’s reputation and prestige. While smaller golf clubs might be able to get away with not having any rental options for golf carts, it’s simply not feasible for any golf club that strives to become more prominent in its area. For golf clubs that already have rental options, it may not be enough either if they golf carts aren’t regularly maintained. No one wants to drive a broken or uncomfortable golf cart.
Golf carts provide a whole host of benefits to clubs, so they’re worth seriously considering. Even if they require general upkeep and maintenance, the profit they bring back should be more than enough to earn their keep.Read More