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The Buck Club: King-Collins out!


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12 hours ago, DoubleorQuits said:

I am happy to provide info via DM.  

I'd be interested to know

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13 hours ago, mallrat said:

I’m not rooting for him to fail, I just don’t think what I’ve heard is being realistic. I hope he builds it and succeeds, just trying to speak from what little experience I have in the inner workings of running a very profitable golf course. Part of which is the course is profitable, the very profitable part comes from events. 
 

Also if he got the land for anywhere near a million that sounds like an absolute steal. But maybe that is just my jaded point of view on land prices out here on the west coast. 


land prices in rural(ish) southeast is going to be quite affordable when you compare to the West Coast. 
 

https://www.landsofamerica.com/property/407-acres-in-Aiken-County-South-Carolina/2002409/
 

I believe this was the listing. Roughly $2k an acre. 

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7 hours ago, jpthreesticks said:


land prices in rural(ish) southeast is going to be quite affordable when you compare to the West Coast. 
 

https://www.landsofamerica.com/property/407-acres-in-Aiken-County-South-Carolina/2002409/
 

I believe this was the listing. Roughly $2k an acre. 

This is the tract.  

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The model (similar) currently exists all over this area down here. Ohoopee is probably the one that most comes to mind, but you have Congaree and Cuscowilla within an hour and some change on either side. Champions Retreat is just down the road, as well. Succession is almost entirely National membership just 2 hours on from Aiken. I think making projected pricing structures public would not only be premature, but probably harmful in keeping interest. I’m guessing some of the statements have been made with that in mind. 
 

Look, it’s fun to speculate and you’re allowed to fall on either side, but I think it’s a mistake to assume he’s not properly funded or somehow unaware of what it costs to run the club he has in mind. My hope is that we get an Ohoopee or Congaree that is somehow more accessible. I know I’m here for another fun track with an emphasis on the golfer’s experience. 

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That was part of my point - the good thing is that that this kind of model seems to be very popular in that area - the bad news is that there is a lot of competition specifically because of that. But Ohoopee also had a $250k founders fees and significant annual dues - along with 4 figure lodging costs. And that was only as of a year or so ago - that could have changed.

 

BTW I think the only reason some people assume he's not properly funded or seems to be unaware of club cost structures is that in the past he has seemed to not be properly funded and acted like he was unaware of basic operating cost structures.

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  • 2 weeks later...
On 2/8/2021 at 7:44 AM, dcmidnight said:

That was part of my point - the good thing is that that this kind of model seems to be very popular in that area - the bad news is that there is a lot of competition specifically because of that. But Ohoopee also had a $250k founders fees and significant annual dues - along with 4 figure lodging costs. And that was only as of a year or so ago - that could have changed.

 

BTW I think the only reason some people assume he's not properly funded or seems to be unaware of club cost structures is that in the past he has seemed to not be properly funded and acted like he was unaware of basic operating cost structures.

 

Having Doak's name on it takes care of the competition aspect.  

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