Seller's Contact Information

  • RE:  47 Acre Golf Course * Steakhouse * Bar * Business
  • Contact:  Steve Zimmerman
  • License #: 01310250

Quick Facts

Asking Price: $950,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1975
Employees: 10
BBN Listing #: 126311533
Broker Reference #: 4315

Email or Print Listing

Business Overview:

47 Acre Golf Course * Steakhouse * Bar * Business Real Estate * Hard Liquor License

RRC#: 4315
Asking Price: $950,000
Location: 2620 Montgomery Road, Red Bluff
Annual Revenue: $700,000
Annual Cash Flow: Contact for Info
Monthly Rent: Real Estate Included

Listing Description:
We are looking for a well-seasoned operator or an experienced group that knows how to administer a golf club and bring this golf course back to its former vitality. Oak Creek is a nine-hole executive golf course built in 1975. It has delivered terrific views and challenging play for golfers of varying skills. The entire offering covers approximately 47 acres. We are located inside the city limits. There is a considerable development potential because the property is zoned R-1 (single-family residential zone). The design plan would have to be submitted to the city for approval as a first step. Also included in the sale is a newly modernized 3,000 Sq Ft fully fitted free-standing steakhouse and bar with a Hard Liquor license. The outside patio is fantastic for small parties, and the grounds are suitable for events, complete with an outdoor wood-fired pizza oven. The facility also has a vast parking lot to accommodate special events. The sale also includes all fixtures and equipment sufficient to operate a high-volume restaurant, some of which are several cold tables, Toast POS work stations w/ printers, three compartment sinks, water heater, 10x10 walk-in cooler, three door Everest freezer, 16 security camera system with monitor/NVR, , monitor for cameras, grill, two pit-co deep fryers, Type 1 hood with Ansul fire suppression system, 36 inch Char Brolier, 36 inch Southbend Salamander, 72 inch range combination, oven,grill,and burners, Hand wash sinks, Stainless Steel worktables, Jackson Dishmachine, four compartment sink, various smallwares, pots, pans, silverware, serving dishes, Manitiwoc Ice Machine, glass chiller, outside wood-fired pizza oven, several beer taps, office with computer, two large tvs, 40 dining chairs, 50 folding chairs, 13 tables, 12 barstools, ADA Compliant bathrooms, outdoor patio set up including 10 tables, 36 chairs, 3 piece bistro sets including chairs and table , Bose bluetooth speakers outdoor, 2 John Deere fairway mowers, John Deere walk behind mower, Toro greens mower, 13 golf carts and chargers(leased)and much much more. This deal includes the real estate, leasehold improvements, fixtures and equipment, licenses, ABC Type 47 Hard Liquor license name, menu, concept, and goodwill, and all included as part of the sale.
Features:
- [ ] Hard Liquor License Included
- [ ] Real Estate includes a 47-acre golf course
- [ ] Already zoned R-1 for a single-family residential zone
- [ ] Popular Steakhouse Included generating approx $700,000 annually
- [ ] 3,000 Sq Ft Free-standing Restaurant
- [ ] Fully equipped - ready to go
- [ ] Golf Course Building- Putt Hut
- [ ] Outside Patio
- [ ] Plenty of Event Space
Financial information such as balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA, have proven purchase funds, and have good credit. Complete the Non-Disclosure Agreement on our website, and we'll send you the complete financial information and list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in greater detail and arrange a behind-the-scenes tour. No Co-Broker #jimsellsrestaurants

General Information:
Organization: LLC
Year Established: 1975
Employees: Less than 10
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Approx $58,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $700,000
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

Facilities:
Square Feet: 3,000
Seating: 50
Parking: 100
Days/Hours of Operation: 3 days a week

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 3,000 Seating: 50 Parking: 100

Reason for Selling:

Other Interests.

Additional Details:

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

Documents:

Relevant Links:

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Asking Price: $2,500,000

Marina in Central New Jersey Includes Real Estate

Not Disclosed, NJ
Middlesex County

It is fully owned by a man and his wife since 1965. They are both well into retirement age and they decided to retire after spending so many wonderful years operating this well-known Marina in central New Jersey. No other employees operate the Marina. It has 3 lots and 300 feet of Waterfront property. Most importantly the area if further developing, attracting more area visitors over the next few years. They also anticipate that expansion of the routes for the Seastreak Ferries servicing points in Manhattan, central New Jersey, Nantucket, Martha's Vineyard, and more..On one of the lots there is a two-bedroom house with a basement that contains a Bait Shop. In addition to this Bait Shop, the Marina provides fuel oil for the boats. Both of these money makers are currently leased but an option for a new owner would be to operate as well these as well. In addition, it is possible to add a snack bar, restaurant or an informal bar for marina renters and visitors. This option would easily expand the property’s and business value. In addition, other services such as maintenance and repair are basically performed as an offered service.Two mechanics visit on site for engine repair and provide the owner a percentage of their repair fee. Winter storage is done on a cash basis.People often visit this marina because of its location and access to the Bait shop.Newly paved access has been recent addition. There are a total of 21 slips for boats as small as 22’, 35’, 40’ and couple of slips for larger 50 and 60’ boats. The slip rental rate is $2,000 to $3,000 per boat annually. That brings in $50,000 for slip rental along with $20,000 storage fees done on a cash basis. They do have a crane which when operated they charge $100 to $200.There are no environmental concerns, and the Marina has the appropriate liability insurance as well.In fact, today its business value coupled with the value of the property is significant, with plenty of options to increase its value and service offerings after its sale. Certainly, much could be done to expand the business revenue such as a restaurant, bar, a repair facility perhaps outsourced, other services.The primary driver of marina income is the number of slips available for rental, the size of the boat(s) that the slips can accommodate (bigger are more expensive), and the rental rate for each. To supplement this income, smooth out seasonal variations, and cater to customer needs, marinas have complementary services like gasoline, repairs, maintenance, storage, boat sales, and food. Clearly, these "other" sources of income are also levered to the number of boats in the marina and the popularity of the location 1. Today the Marina, while popular and well situated, could easily expand its limited revenue base. The business value today is an estimate the earnings potential of the Marina for the next few years. For a well-developed Marina and with proactive management of the sites portfolio including the business, the site and the money producing components the typical P/E ratio is extraordinary.

Read More
Cash Flow Not Disclosed
Revenue $100,299

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