Rio Bravo Golf & Country Club with Real Estate ...

Bakersfield, CA
Kern County


Asking Price: Annual Revenue:
$4,900,000 $2,070,846

Recreation: Outdoor


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RE: Rio Bravo Golf & Country Club with Real Estate ... Broker: John Willingham
License #: BRE 556588
Owner Financing is Available!

Quick Facts

Asking Price: $4,900,000
Annual Revenue: $2,070,846
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 1983
Employees: 30
BBN Listing #: 374638457
Broker Reference #: BAKERCA001-N949

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Business Overview:

The 18-hole Rio Bravo course at the Rio Bravo Country Club facility in Bakersfield, features 7,000 yards of golf from the longest tees for a par of 72. The course rating is 73.1 and it has a slope rating of 131 on Bermuda grass. Designed by Robert Muir Graves, ASGCA, the Rio Bravo golf course opened in 1975. For a view of the Course go to: https://www.golflink.com/golf-courses/ca/bakersfield/rio-bravo-country-club.  The Club is a very popular venue for events such as weddings, graduations, or any other event. COVID has slowed that down, but it will start again as soon as it is over. Estimates are things could start up again in Spring 2021.  The previous owner mismanaged the Club and several of the members ended up owning the Club. They have invested a lot into the grounds and remodeled the Club house, but more needs to be invested. The price includes 328 acres. Approximately 198 acres is either the golf course or course related property. 130 acres is a hillside to the East of the Course it has a beautiful view of the Sierra Nevada Mountains and is excellent development land. There is a Tentative Map for 22 lots along Casa Club that is ready to develop now. This property needs someone that can invest the money to bring this property up to par.  The price includes businesses being operated there by the owners as follows: 1) Golf Business including the Pro Shop, green fees, cart rentals, lessons and etc. 2)  Restaurant and Bar with an ABC 47 License. 3) Events and Catering The Clubhouse building according to the County Assessor's Office is 18,010 sq. ft. and there is another maintenance building of 3631 sq. ft.  The owners are motivated to sell and will consider any reasonable offer. Act now!

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Property Features and Assets:

Real Estate License ID: BRE 556588

Reason for Selling:

Owner purchased business with the intent to sell

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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