Golf Course For Sale - Oregon Coast, OR

PROFILE: Well-Established Nine-Hole Public Golf Course - Oregon Coast

AD/LISTING INFORMATION
Status: Available
State: Oregon
Location: Oregon Coast
County: None Given
City: None Given
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  112706
Seller Or Contact:  Chuck Atkins
Primary Phone:  503-799-0533
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  9/23/08
Date Ad Last Revised:   9/23/08

FINANCIAL INFORMATION
Asking Price: $1,650,000
Down Payment: $1,000,000
Annual Revenue: $325,000
Annual Adjusted Net: $60,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: The Golf Course, Is A Well-Established Nine-Hole Public Golf Course Situated In A Beautiful Coastal Community Setting. The Tree-Lined Course, Offers A Challenge For Golfers Of All Ages. In Addition To The Par 36 Course, The Property Includes A Large Clubhouse With Dinning And Banquet Room. Full Kitchen Facilities, Pro Shop, Offices, Restrooms, And The Other Necessary Facilities, Such As Pump House, Cart Storage, And Maintenance/Equipment Shop. The Current Owner Has Completed Extensive Irrigation, Drainage, Greens Work, New Cart Paths, And Clubhouse Remodeling. Included In The Sale Are Exceptional And Permanent Water Rights. The Golf Course Operates Entirely On Its Generated Cash Flow. The Fair Market Value Of Equipment, Real Property, And Improvements Is Estimated At $1,896,000, Which Is Detailed In The Financial Section Of The Offering Memorandum. The Owners Have Identified Several Ideas That They Would Suggest A New Owner Consider To Take Business To The Next Level Of Growth And Profitability.
Note: The Owner Will Consider Selling A 49% Interest In The Company.

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