Sport Club Valuation
Sports Club Valuation or Appraisal is unique in its own way. The valuation is made on the membership system which can be both short term and long term. In the valuation date, the main factors that must be focused on are the capacity of accepting the members, currently, are the memberships already sold out or able to accept more, the membership rates or fees as well as other factors to be considered is the expenditure which includes salary, maintenance fee or sport machine rental fee etc. The financial structure is fairly similar to a golf course. The document that will be required in this sports club valuation is all the previous performance results which will be used to interview the concerned person. Last but not least, please note that sometimes, expropriation costs for long term membership need to be considered as well in case the valuation purpose is to change the utilization to be something else which is also known as ‘Alternative Use’.