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Tennessee Golf Course Plus Valuable Building Land For Sale

Details: Asking price:$1,500,000; Sales revenue:< $500k; Net profit:< $250k; Fixtures value:$50,000; Inventory value:$160,000

Business description: OWNER FINANCING POSSIBLE. Spring Valley Golf in Dollar, Buena Vista is a 9 hole golf course on 145 acres. Originally listed 5 years ago at $2.2 million this golf course has undergone major improvements this last year including new asphalt car park and 3 miles of asphalt cart paths ($200,000), new clubhouse extension ($100,000), newly renovated rental cabin ($40,000), 10 new electric golfcarts ($35,000) plus a further 10 carts on lease. Other equipment includes bulldozer, backhoe digger, Toro greens topdresser, Toro greens mower, rough mower, 2 tractors (1 brand new) plus fairway mowers, boxblade, rotovator, utility vehicle and numerous golf/farming accessories (value circa $130,000)

General information: Years established:16 years; Employees: owner operator; Trading hours: 365 days; Real Estate: Real Property Included; Living accomodation:2 bedrooms over the clubhouse plus a rental cabin overlooking the second fairway (sleeps up to 4 persons); Location:OWNER FINANCING POSSIBLE. Situated only 7 miles from the interstate I40. Directly located against the Natchez Trace State Park (44,000 acres) which is famous for its hunting, fishing and trail walking. This business is located exactly halfway between Nashville and Memphis and only 40 minutes from booming Jackson, Tennessee.; Expansion potential:This 9 hole golf course is fully operational and has a minimum of 20 frontline golf home sites (valued at $35,000 to $50,000 each) plus a further 30 to 40 second-line golf home sites. The total site is 145 acres with the 9 hole golf course on approx 60 acres, There are also 6 lakes stocked with fish.; Support & training:owner willing to train ingoing purchaser; Reasons for selling:retirement; Financing available?Owner financing possible