Golf & Country Club For Sale

Business
  • Listing# : 7500
  • Listed Price : $9,500,000
  • Total Sales : $2,960,038
  • SIC :
  • Down Payment : $0
  • Status : Expired
  • Discretionary Earnings : $295,297

Business Type :

Recreation / Golf Course

Business Description :

Perfect scenario for minority or majority investor to acquire a percentage of this family owned golf and country club. Ownership is very flexible on deal structure and participation in the near term. Bank financing source available to qualified buyers. This business is well established in its area of operation and very well respected not only by its membership but by the community as well. The business is on the upswing after surviving the economic downturn and management is projecting steady growth over the next three years as the economy continues to improve. Ownership has spent the last 12 months getting a permanent high level management team in place to facilitate a smooth transition.

Assets/Liabilities:

    • Accounts Receivable $9,664
    • Incl : No
    • Real Estate $4,790,000
    • Incl : No
    • Inventory $31,607
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $985,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $5,280,000
    • Incl : Yes
    • Total Assets $6,296,607
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Recreation