9 Hole Championship Golf Course For Sale

Business description

This 9-hole championship golf course is located in one of Maine’s most scenic and popular coastal areas. It was designed by a famed golf course architect and constructed in 2001. The course opened for play in June 2002 to rave reviews. The beautiful clubhouse with food facilities and pro shop overlook the ninth green. There is a separate maintenance building. The lush golf course is irrigated tee-to-green with pop-up sprinklers.

Property information

Real Estate:

Real Property Included

Location:

The real estate parcel is 87 acres. A 2,800 SF clubhouse with pro shop and snack bar is included. A 3,360 SF maintenance building, mowers and related course maintenance equipment is included. There is a fleet of 20 golf carts that are owned by Deep Brook Golf Course and are available for public rental.

Other information

Expansion potential:

There is significant room for growth. Very little marketing has been done since it opened. Also, each of the last two years have had significant, unusual weather related revenue issues such as extremely rainy springs and falls. When normal weather patterns resume, revenue should climb.

Competition / Market:

The course is located in southern Maine. There are several nearby courses such as Biddeford-Saco Country Club, Cape Arundel Golf Course, Cape Neddick Golf Course, Dutch Elm Golf Course and Salmon Falls Golf Course, a nine hole course. These are all older courses that are not nearly in the same condition as the subject course.

Support & training:

The sellers will stay in the area and be available for consultation

Reasons for selling:

Retirement

Financing available:

Assumable Bank Note $1,550,000; Cash Down $350,000; Working Capital $50,000

Furniture / Fixtures value:

$100,000

Inventory / Stock value:

$15,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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