Golf Course Leisure and Fitness For Sale

Business description

Unique Golf Course & Leisure & Fitness Business Opportunity
Confidentially offered for sale
Ref No: CO057
Location: Edinburgh
Asking price O.I.RO. £500,000

A truly unique opportuntiy to aquire a 12-hole golf course with sufficient land to expand the course to accommodate 18-holes with associated clubhouse leisure and fitness facility.

This business was established in 2002 for the purpose of developing the existing land on a 50 year lease.The objective of the company was and still is to build and develop a facility for use by new entrants into the game of golf in such a location so as to serve a dense and reasonably mixed middle class area.

The business is a fully registered charitable company and because of its status it was able to secure Lottery Grant Funding to assist in the initial stages of the project. The business is now in its third year of operation and trading. New and existing facilities that have already been built include a 12 hole golf course currently being measured for handicap certification, an extensive clubhouse facility, storage facilities, teaching and academy area including practice tees and green.

Furthermore the current directors of the business have provided their own time and commitment free of charge to date so as to ensure the business traded through the initial start up period successfully. Professional teaching staff and support from both the R & A (Royal and Ancient) and the SGU (Scottish Golf Union) have given the business a strong platform on which to grow.

Planning consent has been granted for the construction of a large clubhouse facility and this represents a significant opportunity to a new owner. The new permanent development could be used for various leisure activities in addition to golf. The provison of a fitness centre, restaurant, country club, educational and recreational facilities to name but a few possibilities would represent superb revenue streams.

The current state of the business is such that it represents an investment opportunity for a buyer looking to take the business through its next period of growth on a purely commerical footing with the ability to invest in its future.

The site is prime. It enjoys enviable views of Edinburgh and the Lothians and has open access roads and large car parking facilities.

The golf course itself is situated in a highly populated area on the outskirts of Edinburgh and was established to meet the strong demands of the local golfing community.

The golf course is specifically designed to appeal to both beginner golfers and seasoned professionals. Its excellent location enables it to provide an all year-round golfing opportunity.

Equipment:


A full inventory is available upon request.



Customer Service:

Providing a professional and friendly first class service, this relatively young business has already developed its reputation on its commitment to providing a quality service.

Key Strengths:

This excellent 12- hole golf course prides itself on the well-maintained course it offers golfers of all ages and abilities. Since opening the centre has offered quality golf and tuition and developed a truly great atmosphere within the centre.

The golf course is ideally located to benefit from the neighbourhood and strong tourist population. The experienced and competent management and staff have built an excellent platform for future success.

Property information

Location:

The site is prime. It enjoys enviable views of Edinburgh and the Lothians and has open access roads and large car parking facilities.

Other information

Expansion potential:

Expansion of the current 12-hole course up to 18-holes as well as the development of a clubhouse and country club are paramount for future expansion.

Key Opportunities:

There is an excellent opportunity to build on the existing base of this company. With a strong demand for leisure facilities there is a huge opportunity for a new owner contributing new financial investment,business acumen and energy to build on a solid and worthwhile business. There are no competing fitness centres in the catchment area.

This is an ideal chance for a new buyer to invest in a well-known business with further potential to develop and market the golf course,clubhouse and additional on site leisure opportunities available.

Competition / Market:

Providing a professional and friendly first class service, this relatively young business has already developed its reputation on its commitment to providing a quality service. Key Strengths: This excellent 12- hole golf course prides itself on the well-maintained course it offers golfers of all ages and abilities. Since opening the centre has offered quality golf and tuition and developed a truly great atmosphere within the centre. The golf course is ideally located to benefit from the neighbourhood and strong tourist population. The experienced and competent management and staff have built an excellent platform for future success.

Support & training:

The owners will provide full business familiarisation, handover and training to ensure the continuity of the business.

Reasons for selling:

The current directors do not wish to take the business forward on a commercial basis, but recent changes in Lottery funding availability has meant the business has to consider operation on a purely commercial footing. The directors feel that new owners,with the ability to make additional investments would be better suited to maximise this opportunity and ensure the future success of this venture.

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