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18 Hole Golf Course with Fully Operational Facilities

Description

This 18 hole golf course offers beautiful valley views and is well set for a new owner to step in and take the operations forward. The business has continually improved its offering and has been upgrading its equipment, you won't be disappointed.

 

Set in a great location amongst some wonderful rolling hills, this course can be both challenging and a romantic experience for its guests. With the strong growth in population happening in the surrounding areas, buyers should feel confident there are some tail winds to help carry this operation forward successfully.

 

The sale is structured as an Asset sale. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.

Financial Information

$213,000 SDE in 2021 with expectations that 2022 will be quite a bit higher. 2022 revenue is trending above 2021.

 

Revenue:
2021 - 696,064
2020 - 530,576
2019 - 459,824

 

** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

 

** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:

 

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Real Estate

169 acres of land with onsite drilled well and septic. Owner's accommodations included.