18 Hole Golf Course Lease With Option To Buy For Sale

Business description

Golf Course for Lease with Option to Purchase
The Golf Course, is a well-established 18-hole public golf course with Driving Range situated
in a beautiful setting along the Southern Oregon coast on a stunning 160 acre property. The course offers a challenge for golfers of all ages. In addition to the par 72 course, the property includes a clubhouse and restaurant (currently closed), large shop building, owner / manager s home, 4,000 SF fully enclosed cart storage building, 40 - rental carts (gas), and an abundance of equipment used for maintaining the grounds and many other amenities. The Owners have made multiple improvements which include New Hole #6, combined Holes 1 & 2, extensive drainage improvements, rebuilt 90% of the existing bunker drainage and added new Idaho white sand. Paved all the cart paths and improved tee boxes, and other facility improvements which include sprinklers and greens work. The current Owners have concluded that the Golf Course would be best served with an on-site owner who has the experience and energy to actively manage the course and increase the marketing of the business. Currently there is no golf professional to help manage the facility and the Owners feel that golf pro would provide a substantial boost to the current operations. Accordingly, they desire to identify a new owner to build on the improvements they have made, and take the business to its next level of success and profitability.

Property information

Real Estate:

Real Property Included

Premises details:

4400 sq ft, $N/A

Business Operation

Reasons for selling:

The owner’s would like to move to back to Southern California where they grew up and they are liquidating some of their assets.

Employees:

Full Time: 3, Part Time: 3

Years established:

89

Other information

Financing available:

Downpayment Required: $270,000