Price Reduced! Profitable Private Golf Course & CC

Not Disclosed, NJ

Asking Price: Annual Revenue:
$5,900,000 $2,967,792

Recreation: Golf Courses & Golf Related

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RE: Price Reduced! Profitable Private Golf Course & CC Broker: Russell Miller

Quick Facts

Asking Price: $5,900,000
Annual Revenue: $2,967,792
Net Profit: Not Disclosed
Cash Flow: $278,432
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $4,000,000
Year Established: 1968
Employees: 40
BBN Listing #: 51464955
Broker Reference #: 3401-16314

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Business Overview:

Profitable and Growing Golf Course and Country Club offers private members an exquisite golf experience. Membership is up in 2021 and Food & Beverage is coming back! Between the driving range and 18-hole course, this is the avid golfer's paradise.

Club also offers swimming area and tennis courts. The prestigious banquet hall is often used to host one-of-a-kind weddings among other great events.

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Property Features and Assets:

Over 160 acres of meticulously maintained property and 25,000 sf club house plus much more! -Club house -Cabana -Irrigation - 4 other buildings significant to course use. The club offers a full service clubhouse with indoor and outdoor dining and bars, full service locker room and banquet/conference facilities. Swim Complex with family pool, kiddie pool and adult only pool; locker rooms; tennis courts; playground; cabana deck with full service kitchen and wicker room bar. Assets = $4,000,000.

Market Competition and Expansion:

Little competition within its area. Possibility for developing property. The property is partially Zoned residential and some commercial with few restrictions. Many ways to further utilize or develop the property.

Reason for Selling:

Owners are retiring.

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.

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