Facebook Twitter Linked in Glen Cooper's Blog
Twitter Business Alerts
Business 4 Sale. Marine Construction – Hi-End Docks & More. Price reduced to $325K. Sales $325K. Cash Flow $110K. Go to: http://goo.gl/bbzD
Featured Opportunities
Dog Daycare and Boarding
Strong customer base and a 20% growth rate!Market, Restaurant & Liq. Store
Strong year-round sales with in 32% high-margin food!Diagnostic Equipment & Service
Substantial Growth! In-Demand Product & Services!
Championship Golf Course
Financials
Asking Price of Business: $200,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $100,000
- Inventory: $15,000
Inventory: $15,000
Asking Price of Real Estate: $1,300,000
Cash Flow: $140,000
Annual Sales: $350,000
Summary Description
This nine-hole championship golf course is located in one of Maine’s most scenic and popular coastal areas. It was designed by a famed golf course architect and constructed in 2001. The course opened for play in June 2002 to rave reviews. The beautiful clubhouse with food facilities and pro-shop overlook the ninth green. There is a separate maintenance building. The lush golf course is irrigated tee-to-green with pop-up sprinklers.
General Information
Year Established: 2002
Employees: 10
The real estate parcel is 87 acres. A 2,800 SF clubhouse with pro-shop and snack bar is included. A 3,360 SF maintenance building, mowers and related course maintenance equipment is included. There is a fleet of 20 golf carts are owned by the golf course and available for public renta.
Market Outlook
Competition & MarketThe course is located in southern Maine. There are several nearby courses such as Biddeford-Saco Country Club, Cape Arundel Golf Course, Cape Neddick Golf Course, Dutch Elm Golf Course and Salmon Falls Golf Course, a nine-hole course. These are all older courses that are not nearly in the same condition as the subject course.
Growth & Expansion:
There is significant room for growth. Very little marketing has been done since it opened. Also, each of the last two years have had significant, unusual weather related revenue issues such as extremely rainy springs and falls. When normal weather patterns resume, revenue should climb
About the Sale
Financing:
- Assumable Bank Notes: TBD
- Down Payment: TBD
- Working Capital Required: $50,000
Support/Training: The sellers will stay in the area and be available for consultation
Reason for Sale: Retirement
Contact Information
Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Lee@MaineBusinessBrokers.com
Before we can provide you with more information about our listings we need your agreement to confidentiality and your registration with us as a potential buyer. If you are not yet registered with us, please follow the link below to the Registration page. If you are already registered with us, follow the link to the inquiry page or contact the broker with whom you have been working.
Registration
Already Registered? Click here...
“After receiving the offer, they managed to keep the business on the market, so we didn't lose other prospects or miss new ones.”
Cal Brown
Seller, C&G Fence Company, Litchfield, Maine
