Golf, Recreation & Hospitality
Reid Park Golf Course: The Plan Behind a Recreation Destination
Reid Park Golf Course
$5M–$8M
the capital-improvement raise the package is built to support
$1.2M → $1.63M
modeled revenue growth from 2025 to 2029
10.9% CAGR
the golf-simulator market tailwind the plan leans into
Risk-ready
dedicated risk-management and compliance sections lenders read
Situation
Reid Park Golf Course is a golf and recreation venture that needed to be structured for financing — a capital-intensive asset where lenders and investors weigh market demand, competition, and risk as closely as the experience itself. The specific ask was a $5–$8 million capital-improvement program to transform the amenities, underwritten by a model showing revenue climbing from about $1.2 million in 2025 to $1.63 million by 2029 and leaning into a 10.9% projected CAGR in the golf-simulator market. The concept was compelling; what it needed was a financing-grade package that made the case on every dimension a funder examines.
The engagement
CMA built the full package, structured the way a lender evaluates a recreation asset.
The offering and the destination
We defined the services and offerings and the location and design — the course, the amenities, and how they combine into a destination with a differentiated experience, rather than a single asset competing on green fees alone.
Market, competition, and risk
An industry and market-trends overview, a market analysis, and a competitive analysis established demand and positioning. Then — the sections that separate a serious plan from an optimistic one — a dedicated risk-management plan and a compliance plan, because a lender funding a capital-heavy venue reads risk before it reads upside.
Financials, brand, and deck
A financial plan and model tied to the destination’s revenue lines, a brand identity, and an investor pitch deck aligned to the plan — so the experience on the course and the numbers beneath it told one story.
Why the structure mattered
The framing decision was to treat risk and compliance as first-class content, not an afterthought. For a capital-heavy recreation asset, addressing risk head-on is what earns a lender’s confidence — and it’s exactly where under-built plans lose the room.
Impact
Reid Park left with a financing-ready plan and package — the documentation a recreation venture needs to bring a capital-heavy concept to lenders and investors with the experience and the risk framed honestly. The destination on the surface, backed by the discipline beneath it.
A recreation venue lives or dies on the numbers under the fairway — and the risks around it.
Engagement details are shared with client permission or presented in anonymized form. Results described are specific to the engagement and client circumstances shown and are not a guarantee of future outcomes. See our full disclaimer.
The Transformation
Before & after
Before
A destination concept with no financing-grade documentation.
After
A comprehensive plan, model, brand, and deck built for lenders and investors.
Before
The experience described; the risk unaddressed.
After
A risk-management and compliance plan a lender reads before funding.
Before
No structured view of the numbers under the fairway.
After
A financial plan and model tied to the destination's revenue lines.
The Work, In Sequence
How the engagement ran
- 1
The offering & the destination
We defined the services and offerings and the location and design — how the course and its amenities combine into a destination rather than a single asset, and what differentiates the experience.
- 2
Market, competition & risk
An industry and market-trends overview, a market analysis, and a competitive analysis, paired with a dedicated risk-management plan and a compliance plan — the sections a lender reads closely before financing a capital-heavy recreation venture.
- 3
Financials & investor deck
A financial plan and model tied to the destination's revenue lines, and a brand identity and pitch deck aligned to the plan, so the experience and its economics reinforced each other.