Starting the process of obtaining a golf course with a partner of mine between Delaware and Atlanta.
Starting the process of obtaining a golf course with a partner of mine between Delaware and Atlanta.
im looking to buy or lease a golf course and or driving range , in the new england area
Tim you are right. I’m retiring and selling my 18 executive golf course in a developed community in the heart of Bonita Springs FL. No memberships it’s pay as you play open to the public. No debt. No outside control. Well established it’s a beautiful thing $1.8
Golf courses need to reinvent themselves and take advantage of the asset... Open space .
Add equestrian trails ...cottage style housing to compliment are just two idea
there are a good number of (New) ideas would attract the new generation to visit, play and enjoy the golf resorts facilities and even it will increase the monthly or / and annual memberships volume.. we just need to remodle our approach and make it in our clients and visitors advantage and benefits rather than (pure revenues - profits), lets get rid of the classic marketing materials in first place.
Im looking to buy a golf course / resort that fits into my vision, if you are really interested in co-ownership, lets talk.
We also understand your marketing vision. A niche market exists in the East that has had tremendous success on the West Coast. We would be interested in discussing.
All thos courses should be posted on golfcoursesforsale [dot] com. They'll circulate in six languages around the world. Mike
If I hit the lotto and was resigned to losing 500k a year I would love to own a failing golf course. Millennials aren't playing and until we lose half of the courses created during the gold rush 80-90's there's no way I would touch a course.
Need fewer courses and more players.....
Jay got it right
They could give you the course and you would still lose
Continued ownership requires at least 100 paying customers at peak prices per day, every day, just to break even...anything less is a losing proposition. Costs are water, electricity, maintenance, maintenance personnel, golf carts, kitchen supplies, golf clothing, golf clubs for sale, golf clubs for rent, practice area, range balls, and maintenance equipment, including pumps, sprinklers, water lines, electrical connections,telephone, furniture, accounting personnel, tournament director, cart attendants, kitchen personnel, counter people, cash registers, computers and tv sets, cable, general upkeep of the buildings, social director, director of golf, marshals, starters, drink carts and drink cart personnel, alcoholic license, and supplies, ice machine, commercial kitchen equipment, custodial service, advertising and more.
A nice course in Petaluma,Ca., Adobe Creek Golf course
Has been shutdown. Just drove by and saw the fairways
overgrown, greens slowly rotting. Very sad. Once a really nice course, but for whatever reason it comes down to money. Hate to see it go.