Tony,
I am aware of a course out West with a maintenance budget in 2018 of $3 Million for a 5 +/- month season. Care to guess Quarry's?
Too many variables to make a fair guess. If they have an equipment lease, is it included? Do they pay for water and if they do, is it brackish or fresh? Those 2 line items could be $500k to $1m alone. Overseed rates-Some of these high end clubs that overseed & have bent can push $3m pretty easily & seed is getting expensive. I know of a few in that area that push the $3m number.
Heck, FL has many, many courses over $2m and in many cases, water is abundant, most courses do not seed, but it’s year round, high end maintenance OR if they’re closed in the summer, project season.
It will be interesting what budgets will look like when minimum wage becomes $15/hr. The domino effect will hurt courses more than the starting wage.