NOT DISCLOSED, Indiana
| Asking Price |
|
Year Established |
|
|
| Annual Revenue |
$351,944 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Ryan Stephens |
|
| Annual Cash Flow |
$31,655 |
Listing Number |
1019784 |
|
| # of Employees |
1 |
Business Category |
Recreation: Entertainment |
|
Business Overview:
An 18-hole public golf course with a large clubhouse, set on a single contiguous parcel of more than 100 owned acres in East Central Indiana. The course has been in continuous play for more than a century.
Revenue comes from daily-fee golf (~60% of 2025 revenue), memberships, cart rentals, food and beverage under a three-way liquor license, and a small pro shop. The season runs April to November.
The current ownership group has held the property for about 20 years and is retiring. The club runs lean on a part-time staff and earnings are thin; the value rests in the land, the clubhouse and the operating upside.
The offering suits two kinds of buyer: a golf operator ready to modernize, or a land buyer looking at alternative uses, subject to rezoning.
Investment Highlights
• Real estate included: 100+ contiguous acres, with irrigation fed by on-site wells
• Large clubhouse with an upstairs ballroom, bar and kitchen; roof and siding redone within the past five years
• Established daily-fee and membership base: 6,700+ green fees and 100+ members in 2025
• Light owner involvement: about 25 combined partner hours a week
• Asset sale; all business debt retired by the seller at closing
Property Features and Assets:
Market Competition and Expansion:
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