Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Golf Course & Residential Development - Sale Pending
LISTING DETAILS
Firms For Sale ID:
28950
Vendor reference:
15187
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,450,000
Furniture, fixtures and fittings included.
Furniture, fixtures and fittings included.
Turnover / revenue:
$245,000
Net profit / cashflow:
$137,979
Years established:
51
Number of employees:
4
OTHER DETAILS
Reason for selling:
Retirement
Financing available:
Seller offers 15 years at 7% Fixed Rate Interest to qualified buyer.
Support and training:
Seller agrees to aid in a smooth transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Sale Pending - This prime Residential Development property & Golf Course in central Massachusetts is just over an hour to Manchester, NH and Boston airports.
The property consists of 243 wooded acres crisscrossed by stonewalled fences. Within this property (situated on 65 acres) is a regulation 9-hole golf course facility. The course features 2,685 yards of golf from the longest tees for a par of 35 with a rating of 33.2 and a slope rating of 105. There is also a quaint farmhouse that has been converted into a pro shop & snack bar serving beer, wine and snacks. The second floor of the dwelling is a 2-bedroom apartment with kitchen & bathroom. Adjacent to the clubhouse are several buildings for housing carts and golf course maintenance equipment.
The property would be an excellent area for a 55 plus community and permits for such would be highly welcomed by local community officials.
Average Golf Course Revenues - $250,000 Average Cash Flow - $140,000
Land / Club House / Apartment / Maintenance Facilities
Listing Price $1,450,000
Owner Financing For Qualified Buyer