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Profitable Golf Related Business (ID: 1080773)

FINANCIAL DETAILS
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Business Listed by Michael HallEmpire Business Brokers Inc.View All of My Active Listings
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Business Description

Are you a golfer who has ever been frustrated when your favorite course was unavailable or nearly unplayable because the greens had been recently aerated? If so then you will immediately understand the appeal of this business. This profitable, 10 year-old franchise business uses a patented process to provide professional turf management to golf courses, sports fields and commercial and residential landscape clients. Simply put, this company has the equipment and process that aerates, fills and topdresses in one pass allowing a smooth surface that is ready for play in 1 hour. This is a huge enhancement to the traditional core aeration process used by almost all golf courses. Typically a golf course must either close the course for a period of time or offer play at reduced rates and compromised quality of play. This results in lost revenues and inconvenience to customers/members. Golf courses that utilize the services of the business have minimized or eliminated these inconveniences. This profitable franchise currently serves 35 clients including some of the most exclusive and recognizable golf courses and sports franchises in the Carolinas. The current owner has not attempted to grow the business as he has run it as a lifestyle type business requiring only about 50-60 days of work a year to fully service the current client base. Included in the sale is the patented equipment that that has a replacement value of $80,000. This would be a great opportunity for a golf loving, hard working business builder who loves flexible hours and wants a business with true upside potential. It would also be a perfect fit for a landscape or turf professional that wants to add additional income streams to his/her current business model

About the Business

Year Established: 2002
Number of Employees: 2

Facilities: This business can be run out of a home if desired. Minimal storage space required for housing equipment.

Market Outlook/Competition: The current owner has chosen to run this business as a lifestyle business. They currently maintain 35 accounts that provide the lifestyle and income balance that suits his needs. The protected central NC/SC territory is the home to hundreds (600+) of golf courses offering huge upside growth opportunity. Additional growth is available by adding ancillary client segments such as college/high school playing fields, high end residential and commercial landscaping. This business provides a proprietary process using patented equipment not offered by any other competition. The primary competitive challenge comes from the resident golf course superintendent or greenskeepers at courses that already have a system in place for aeration. However most knowledgeable superintendents when presented with the opportunity understand the financial and agronomic benefits of using this service as an enhancement to their current process.

About the Sale

Reason For Selling: Owner Retiring

Training/Support: The current owner will stay for a reasonable amount of time to ensure a smooth transition. Additionally the corporate franchisor will provide training and ongoing support for new owners

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