You can download this updated template here.
Template Update Details:
Food and Beverage Assumptions
- Define percentage of golfers that order something.
- Define average order value.
- For memberships, define average times ordered per month.
Membership Assumptions
- Define members added per month.
- Define monthly retention schedule (applies to each monthly cohort of new members added dynamically).
- Define membership monthly pricing (adjustable by year).
- Define number of ball racks used per member per month (helps with utilization checks).
- Define membership utilization seasonality (how many members use the driving range).
I have had this driving range financial planning template live for over 5 years now and in that time there have been many requests to add additional revenue streams. I'm happy to say they are not integrated. Enjoy!
