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Victorian Yacht Clubs Summary Snapshot

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1 Victorian Yacht Clubs Summary Snapshot
Strategic Planning Session January 2016 Victorian Yacht Clubs Summary Snapshot Richard Hewett, CEO There are approx. 90 yacht clubs in Victoria with approx members This is a summary glance at 5 of these Clubs We work together with a number of these Clubs (racing / hosting events) and we also share Members with a couple of them We also compete with these Clubs in many areas some of which include; Membership / racing / marina berthing / boat yard / attracting youth / sailing schools

2 Victorian Yacht Clubs / Summary Snapshot
RYCV RMYS RBYC SYC An overview of Port Phillip - the 5 clubs we are looking at are marked SSCBC BYS

3 Sorrento Sailing Couta Boat Club
Very progressive club with strong leadership Membership is strong (3400+) with significant growth Signature event with high profile - KPMG day / Strongly pursuing World Championship events No marina facilities but looking at putting down about 10 suitable moorings for visiting yachts Recently secured (apparently) favourable 50 year lease (pepper corn) Cash reserves - $ 2.5m in the bank Seasonal in nature Approx. 50 joint members with SYC Current Vic & Australian Yacht Club of the Year

4 Blairgowrie Yacht Squadron
An ambitious club on the move Current multi m $ clubhouse redevelopment just complete Current marina 170 berths 100% occupancy Additional 200 berth marina – taking their overall berthing to 370 Membership 1700 (about to be capped if not already) – 25% live locally, 75% melb metro Hardstand / Travel Lift just reopened Current Management transition in no. of key roles inc. GM / F&B / Marina Seasonal in nature Approx 50 joint members with SYC

5 Royal Brighton Yacht Club
Well situated club with a proud history 250 berth approx. 80% occupancy – evidently discounting on short term basis to improve occupancy Development - $3m clubhouse works / minor marina tweaks / exploring hardstand options Boat yard now permanently closed / will use boat yard space to focus on youth 90% sail / 10% motor boats 1550 members Limited onsite parking Lengthy walk to marina

6 Royal Melbourne Yacht Squadron
Located in St Kilda, highly visible location New $15.5m 250 berth 70% occupancy (struggling to increase occupancy) Boat yard (dilapidated) – will be reviewing its future 970 members Very limited parking Lengthy walk to marina Considering onsite boat broker (Sundance) to assist with filling marina Contract out catering and sailing school New GM

7 Royal Yacht Club of Victoria
Highly successful racing club 170 berth marina (in need of 100% occupancy Development – new clubhouse, travel lift, 65 year lease & 240 berth marina redevelopment plans 870 members Racing club Recently gifted $5m towards development plans Issues – dredging, aging membership

8 Sandringham Yacht Club
Membership of 2700 & surveys suggest high levels of member satisfaction Welcoming culture with successful introductory day pass scheme & discover sailing programs Sizeable racing fleets, generally active 356 berth 100% occupancy (short boat ready waitlist predominantly 10-12m pens) Marina has a lot of inactive ‘licence tenants’ Boat yard well placed to cater for SYC and nearby clubs 500 boats onsite – all areas at 100% occupancy – 70% yachts – 30% power Keen to improve participation, regenerate membership, service debt, focus on risk & asset replacement….

9 General summary…. Issues Rental assessments / lease arrangements
Dredging / access to lease areas Aging memberships / regenerating Other sports / diminishing leisure time 2014 Survey Membership growth 4% Average footprint – 6 hectares Av marina 240 berths – 88% occupancy Av hardstand 46 boats - 84% occupancy Av dinghy 78 spaces – 99% occupancy


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