GOLF COURSE MANAGEMENT COMPANY Business For Sale in Michigan

GOLF COURSE MANAGEMENT COMPANY

Entertainment and Leisure - Other Entertainment and Leisure

Asking Price:	$2,950,000	Inventory:	$10,000 ++
Gross Revenue:	$1,175,000	Real Estate:	n/a
Cash Flow:	$700,000	FF&E:	$300,000 ++
++ included in the asking price not** included in the asking price

Management company for four golf courses in Detroit and its suburb areas. Contracts for management range from three to five years with options to renew that can extend the contracts for 15 more years. Price includes Golf equipment, carts and maintenance equipment.

Excellent long term growth prospects with high profit margins projected. The courses are all in good shape. The courses were managed for the first time in year 2005. They have increased sales in the Golf Courses over the prior years before acquisition. New food and beverage sales have increased total sales as a result of activating existing facilities.

Also See our listing #413

About the Business

Year Established:2005

Employees:25 full time -

Facilities:Leased.

Market Outlook and Competition:Very good market outlook. Long term contracts are definitely a plus

About the Sale

Reason For Selling:Moving out of state

Seller Financing:None

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Seller ID:	411
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Business Listed By
Ed Derbabian, CPA \| BUSINESS INTERNATIONAL GROUP, LC View All of My Listings


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