Golf Course & Driving Range
Location: California
Industry: Entertainment and Leisure > Other Entertainment and Leisure
Financials
Asking Price: $1,300,000
Gross Revenue: $385,621
Inventory: $5,000 (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Real Estate: $1,100,000 (Included in Asking Price)
Seller Financing: Seller may carry back for a qualified buyer with a strong down payment
Business Summary
Golf Course & Driving Range, located just off of I-5 in Northern California. Well-established nine-hole public Golf Course w/ Driving Range situated in a fast growing Northern California community setting. The course was originally developed in 1978, offers an easy walk for golfers of all ages. In addition to the par 35 course, the property includes a Driving Range, clubhouse with a dining area’s, small kitchen area, Pro Shop, restrooms, and an office, as well the other necessary facilities, such as outdoor cart storage, equipment and maintenance shed. Further there are 2 areas for potential development of homes or Condo’s and the putting cover stalls in at the Driving Range would significantly increase the use in both the summer and winter. Competition: Company is positioned for growth and is keenly located to serve a broad and active market. The Course is situated just west of Interstate 5 in Northern California, an area that has experienced accelerated growth over the past ten years and is expected to continue to grow at a rate higher than the rest of the state. Growth and Expansion: Company is positioned for growth and is keenly located to serve a broad and active market. The Course is situated just west of Interstate 5 in Northern California, an area that has experienced accelerated growth over the past ten years and is expected to continue to grow at a rate higher than the rest of the state.
About the Business
Year Established: 1978
Employees: 3 full time - 1 part time
Market Outlook and Competition: Company is positioned for growth and is keenly located to serve a broad and active market. The Course is situated just west of Interstate 5 in Northern California, an area that has experienced accelerated growth over the past ten years and is expected to continue to grow at a rate higher than the rest of the state.
About the Sale
Management Training and Support: Predictability for a buyer is very important. Certainly the competitive advantages listed above and the improvements made by the current Owners, both to the facility as well as within the community, have helped to bring the Company to its present level of success. With the current processes and personnel in place and the implementation of some or all of the growth ideas identified in section 1.4 Growth Opportunities, a new owner could reasonably expect a significant increase in sales and profitability. The Seller is also committed to seeing that a smooth transition of ownership takes place.
Reason For Selling: Presently, the owners are looking forward to retirement.

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Listing Tools
BizQuest ID:910460
Seller ID:637621
Business Listed By
Name:Chuck Atkins
Company:Sunbelt Business Advisors
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