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Business For Sale

Golf Course & Residential Development

Worcester County, MA

Recreation: Outdoor

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,450,000
$245,000
Not Disclosed
$137,979
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$50,000
$1,000,000
1961
4
31982849
Owner Financing is Available!
Seller offers 15 years at 7% fixed rate interest to qualified buyer.

Business Overview:

This prime Residential Development property and Golf Course in central Massachusetts is just over an hour to Manchester, New Hampshire and Boston airports. The property consists of 243 wooded acres crisscrossed by stonewalled fences. Within this property (situated on 65 acres) is a regulation 9-hole golf course facility. The course features 2,685 yards of golf from the longest tees for a par of 35 with a rating of 33.2 and a slope rating of 105. There is also a quaint farmhouse that has been converted into a pro shop and snack bar serving beer, wine and snacks. The second floor of the dwelling is a 2-bedroom apartment with kitchen and bathroom. Adjacent to the clubhouse are several buildings for housing carts and golf course maintenance equipment. The property would be an excellent area for a 55 plus community and permits for such would be highly welcomed by local community officials. Average Golf Course Revenues - $250,000. Average cash flow - $140,000. Land / Club House / Apartment / Maintenance Facilities. Listing Price $1,450,000. Owner financing for qualified buyer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: