Business Description
SOLD!! Contact us to join our newsletter for future listings and Business Bytes!
More than 185 acres of beautiful land located in South West TN
Course is CASH FLOW POSITIVE!!!
Carts and Equipment very recently replaced.
Absentee owner – with attention this club could easily produce much higher results.
Per Seller there are NO Deed restrictions – potential development
Large convenient piece easily accessible for development
Re-zoning and approvals have NOT been initiated as yet.
Current business will cash flow the acquisition plus.
EBITDA reflects EBITDA before deducting rent, after paying all staff for work performed. Represents CASH FLOW AVAILABLE FOR DEBT SERVICE.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Owned
- Building SF:
- 10,000
- Employees:
- 20
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Competition:
- Current trend shows golfing increasing in popularity and likely to continue! Located in affluent area, rates could be increased as course improvements completed.
- Reason for Selling:
- Retirement
