Description of the business for sale
Summary Description
The Golf Course, is a well-established nine-hole public golf course situated in a beautiful coastal community setting. The tree-lined course, offers a challenge for golfers of all ages. In addition to the par 36 course, the property includes a large clubhouse with dinning and banquet room. Full kitchen facilities, pro shop, offices, restrooms, and the other necessary facilities, such as pump house, cart storage, and maintenance/equipment shop. The current Owner has completed extensive irrigation, drainage, greens work, new cart paths, and clubhouse remodeling. Included in the sale are exceptional and permanent water rights. The Golf Course operates entirely on its generated cash flow. The fair market value of equipment, real property, and improvements is estimated at $1,896,000, which is detailed in the Financial Section of the offering memorandum. The Owners have identified several ideas that they would suggest a new owner consider to take business to the next level of growth and profitability. Call for more information.
Support / Training provided by seller
Support/Training: The Seller is also committed to seeing that a smooth transition of ownership takes place.
Reason Selling: Other Business interests
Description of the facilities
Facilities: The main building is about 7,200 SF 2-story wood frame structure, houseing the Pro-shop, restaurant, bar, banquet area, storage and restrooms on both levels. In addition there's a maintenance building, covered golf cart storage and a pump house.
Competition: The business is positioned for growth and is well located to serve an active market. Situated near a well traveled State Highway, a main thoroughfare to the Oregon coast.
Growth and Expansion: The Owners have identified several ideas that they would suggest a new owner consider to take business to the next level of growth and profitability, including implementing a robust RV program, including pull-through RV parking and specific RV tournament events. One can immediately see the possibilities.