Golf Passbook Discount Program

Not Disclosed, FL
Manatee County

Asking Price: Annual Revenue:
$2,950,000 $1,122,783

Recreation: Golf Courses & Golf Related

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RE: Golf Passbook Discount Program Broker: Joseph Nicolini
Owner Financing is Available!
$450,000 @ 6% for 36 Months = Payments of $13,689.87 per month.

Quick Facts

Asking Price: $2,950,000
Annual Revenue: $1,122,783
Net Profit: Not Disclosed
Cash Flow: $401,597
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 5
BBN Listing #: 5562630
Broker Reference #: 3353502667

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Business Overview:

The company produces and sells the nation’s largest discount golf passbook in both a traditional print format (since 1992) and a web-based digital application (added 2015). The program is currently active in 18 states with over 1,200 participating golf facilities. The addition of the digital model provides rapid scalability with reduced overhead. The annual subscription-based revenue serves 50K+ avid golfers redeeming approximately one million offers per year. The company utilizes regional subcontractors for golf course contracts and deal acquisition coupled with digital licensing in new markets. Please refer to listing #3353-502667, Agent Joseph Nicolini when inquiring about this listing. Thank you!

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Property Features and Assets:

Home Based Owned and well established for 29 years

Market Competition and Expansion:

Competitive Overview: The unique digital platform created by the sellers is the envy of the industry. Non Compete: Miles: 3,000 Years: 5 Potential Growth: The potential for growth with an acquisition by another competitor would make the buyer a much larger player in the industry.

Reason for Selling:

Other business interests.

Additional Details:

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

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