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Golf Course & Driving Range
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $385621
Net Profit / Cash Flow $76000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1978
Number of Employees 4 - 5
Inventory $18000.
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training The Seller is also committed to seeing that a smooth transition of ownership takes place.
Reason for Sale Retiring.
Description Oak Creek - Golf Course & Driving Range, located in Red Bluff, CA. just off of I-5 in Northern California. Well-established nine-hole public golf course with driving range situated in a fast growing Northern California community setting.
The course was originally developed in 1978, offers an easy walk for golfers of all ages. In addition to the par 35 course, the property includes a driving range, clubhouse with a dining area's, small kitchen area, Pro Shop, restrooms, and an office, as well the other necessary facilities, such as outdoor cart storage, equipment and maintenance shed. Further there are 2 areas for potential development of homes or Condo's and the putting cover stalls in at the driving range would significantly increase the use in both the summer and winter.
Competition: Company is positioned for growth and is keenly located to serve a broad and active market. The Course is situated just west of Interstate 5 in Northern California, an area that has experienced accelerated growth over the past ten years and is expected to continue to grow at a rate higher than the rest of the state.
Growth and Expansion: Company is positioned for growth and is keenly located to serve a broad and active market. The Course is situated just west of Interstate 5 in Northern California, an area that has experienced accelerated growth over the past ten years and is expected to continue to grow at a rate higher than the rest of the state.
Reason Selling: Presently, the owners are looking forward to retirement. Year Established: 1978. Employees: 4. Contact for more information on this driving range and golf course for sale.
Note: ''will consider trades for residential or other income-producing property'' and / or ''will consider owner-financing with adequate down-payment and/or additional security''.
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