Golf Course (Amusement/Recreation, Golf Courses)
Warren - Massachusetts, Worcester
| Seller Financing: |
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| Lender Pre-Qualified: |
No |
| Listing ID: |
68076 |
| Status: |
Active |
Listing Details
| Listed Price: |
$2,200,000 |
| Down Payment: |
$650,000 |
| Total Sales: |
$350,000 |
| SDE: |
$100,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$200,000 |
Included? Yes |
| Real Estate: |
$1,600,000 |
Included? Yes |
| Inventory: |
$0 |
Included? No |
| A/R: |
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Included? |
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| Reason for Sale: |
Partnership dissolution. |
| Training: |
Seller agrees to aid in a smooth transition. |
| Financing Terms: |
Flexible financing available to a qualified buyer. |
Operations
| Year Established: |
2003 |
| Last Acquired: |
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| Form of Ownership: |
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| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
Yes |
| Online: |
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| Employees: |
Full Time: 1 / Part Time: 7 |
| Managers: |
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| Hours: |
7 Days 6:00 a.m. - 6:00 p.m. |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
220 acres |
Summary
| Business Description: |
Scottish Meadows has 11 holes designed by renowned architect Mark Mungeon that are near exact replicas of famous Scottish links courses. A real destination experience, this course features, full clubhouse with all amenities, driving range, function rooms and exterior pavilion, loads of parking and plenty of room to expand to 18 holes. Has been run absentee for years and the partners want to go their separate ways. Near major intersections of Routes 9, Interstate 84, Mass Turnpike and Route 20. Location is nestled in exclusive private area for the enjoyment of guests yet within an hour drive of Boston, Hartford, Providence and Springfield. Situated very close to a proposed Casino and Convention facility. |
| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
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| Potential Growth: |
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