Golf Training Center With Restaurant, Pool, Etc.
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $725000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Dissolution of owning partnership.
Description Asking Price: $975,000
Gross: Golf only - $725,000 (2008), $714,000 (2007), $687,000 (2006), Realizable Potential: $1.5M to $2M
Currently two entities hold operating interest in this Golf Training Facility for sale with 44 remaining years in the facility master lease. Dissolution of the owning partnership creates a unique and rare opportunity to purchase this beautiful golf training center with its numerous amenities and unlimited potential. This full-service golf training center includes a scenic and well-conditioned 37 acre driving range, exclusive golf instruction and retail sales rights, outdoor pool operation (private membership), state-of-the-art indoor golf training center and rental revenue from an onsite restaurant. This is a turnkey operation and has a favorable lease, extremely low fixed expenses, and awaits new ownership with the vision and energy to maximize its potential and profitability.
Facility: This attractive training center is located in a busy and heavily populated suburban community West of Boston. The property contains a large driving range with 75 mats, all with usable grass areas in front. The range extends for 320 yards at its longest point, with a slight elevation from the hitting areas, providing a scenic drop to several target greens. There is a large chipping green (enabling practice shots from 50 yards or more), huge putting green (60' x 120') and sand trap that surrounds a third practice green. The range has a shed used for ball cleaning and range bucket sales and a large maintenance building conveniently located at the far side of the range. The irrigation is provided by an on-site pond with four wells providing for a very cost-effective water usage program.
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