18-Hole Public Course PGA-Class, Well-Designed

Asking Price$4,900,000

Cash Flow
$465,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,900,000
Included in asking price
Image Overview of 18-Hole Golf CourseSave

18-Hole Public Course PGA-Class, Well-Designed


Asking Price$4,900,000

Cash Flow
$465,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,900,000
Included in asking price
Business Description
This well-situated Public Golf Course is within a medium size Midwestern metro.
Financial Highlights: 2022-24 Sales: $1.16 , $1.23, $1.35 Million
Owner’s C/Flow: $465 (Note; Its 2025 Golf Club Events are fully booked).
GPA-Class Golf Course offers Golfers challenging plays and enjoyable view. Golfing on its well-groomed fairways and greens offers players a unique golfing experience. It is is strategically located close to a major interstate and other county roads providing easy access to about 15 smaller cities with a variety of a suburban and urban communities.It is run by a management team and a semi-absentee owner who are busy managing the business by offering a variety of special events ranging for PGA tournaments, regional tournaments and countless opportunities for family events and small groups. In addition to a unique golfing experience, they are offering dining & Event facilities. Additionally, it is offering shopping opportunities at its pro shop.
About the Business
Facilities & Assets
The retiring owner has been improving this Golf Course aiming to make it a Top 100 Public Course.
NOTE: This business can be suitable for an absentee or semi-absentee owner.2020 and 2021 saw marked improvement in golf industry fundamentals – according to Golf Datatech, golf rounds played, the industry’s benchmark of choice, increased by 13.2% in 2020 over the prior year, and again by 5.5% in 2021 over 2020 levels. To put this in perspective, 2021 saw 529 million rounds played in 2021; the average over the prior nine years was 460 million rounds
Market Outlook / Competition
The NGF (National Golf Federation) reported that 66% of public courses and 80% of private clubs reported their ?nancial health as good or excellent.
Opportunities for Growth
The prospective buyer will have the option to discuss business development and growth issues, and build on the top the current owner developed this business.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retirement.
Transition Support
Seller is willing offer customary support to the new buyer. The new buyer will also have at his disposal the permanent staff to discuss advise and develop new directions for the business.
Financing Options
The broker anticipates that the Seller will be willing to have this conversation and
Listing Info
ID
2297448
Listing Views
4785
Attached DocumentsAttachment Disclaimer

000_Midwestern_State_PGA_Class_Ctourse_Well_Situated_Oct_21_2024_Merged_copy_copy.pdf


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Business Listed by: Elias E. Ladon Enterprise Development Resources, Inc.

Listing ID: 2297448 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.