56 Acres in Mulino, OR - $1,600,000
Business Description
Well established 9 - hole Golf Course within 45 minutes of Portland and Salem, OR.
The Golf Course is a well-established nine-hole, public golf course featuring a unique setting. The tree-lined course, with a creek running thru offers a challenge for golfers of all ages.
The course sits on about 56 acres the clubhouse features 2,000 sf. w/ pro shop, offices, restrooms on the bottom floor and living quarters on the second level. There are 3 income producing rental homes, in addition there s a 2 story maintenance/equipment shop (w/ about 2,000 SF on each level, plus several other out buildings and lots of covered storage.
The current Owner has completed extensive irrigation, drainage, greens work, new cart paths, and clubhouse remodeling. Included in the sale are exceptional and permanent water rights. The Golf Course operates entirely on its generated cash flow....
The current Owner has completed extensive irrigation, drainage, greens work, new cart paths, and clubhouse remodeling. Included in the sale are exceptional and permanent water rights. The Golf Course operates entirely on its generated cash flow.
The Owners have identified several ideas that they would suggest a new owner consider to take business to the next level of growth and profitability. Call for more information.
General Information
Competition: The business is positioned for growth and is well located to serve an active market. Situated within 45 minutes of a major metropolitan area
Growth and Expansion: The Owners have identified several ideas that they would suggest a new owner consider to take business to the next level of growth and profitability.
Support/Training: The Seller is also committed to seeing that a smooth transition of ownership takes place.
Reason Selling: Retiring
Year Established: 1965
Employees: 3
Detailed Information
Financing:
Owner will carry with strong down for a qualified buyer
Asking Price:$1,600,000
Gross Income:N/A
Cash Flow:N/A
EBITDA:N/A
FF&E:$250,000.00 *
Inventory:$3,000.00 **
Real Estate:N/A
Year Established:N/A
Employees:N/A
Business Type:
Amusement & Recreation
* included in the asking price** not included in the asking price
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