Enrique Contreras

Agree with all said above, but I would add one big one, and that is labor. The lack of labor, raising min wage, and little to no young people entering the industry is scary. I am in CA on a course with 34 employees and a healthy budget. However, with min wage increasing every single year over the last 5 years, and it will continue up a $1/hr from the current $12 to $15 is killing us. Each $1/hr increase is costing our club $150-160K more per year. My budget has stayed flat the last 4 years, but labor has increased, which means the expenses have decreased, but still the same demands. This is going to be a breaking point of many clubs. Also, I cannot get a qualified applicant for my assistant, which pays $60,000 a year in central CA which is economical for CA housing pricing. Who is going to take over for those of us getting closer to retirement?