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Profitable & Established Golf Course
Location: United States -> Illinois -> Kankakee County
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This listing is for a profitable and established golf course located in eastern Illinois that is available to a qualified buyer. This business offers a buyer a six-figure yearly income. This golf course is one of the finest in Kankakee county offering a country club-like atmosphere at affordable prices for everyone. This beautiful course is well-maintained with rolling hills and many water features.

The clubhouse features a dining room, banquet, bar room with a fantastic view of the picturesque course with seating for 150 guests or more and a banquet and meeting room that can accommodate large groups of up to 90 or more people. This is a great venue for business meetings, special events, parties, corporate functions and much more.

The business has thousands of loyal customers and a terrific reputation in their marketplace. In addition to the substantial owner benefit, over $3,000,000 in assets is to be transferred with the sale of the business. This includes their 170 acres of real estate that's valued at $2,545,000. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $1,500,000


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $714,375
Cash Flow:   $186,438
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,015,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1980
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train the buyer for 3 weeks at no cost.
Reason For Selling:  Retirement




Print Listing Id: 700270243
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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