Non Classifiable Establishments | Services - Amusement & Recreation

$Seller Financing Available

Asking Price	$2,495,000	Inventory	$10,000*
Gross Income	$675,000	Real Estate	$2,700,000*
Cash Flow	$250,000	Year Established	2004
FF&E	$200,000*	Employees	2FT 30PT

* included in the asking price

** not included in the asking price

Popular 220 acre, 18 hole golf course in a highly desirable southwestern Ohio location, offers the opportunity for a new owner to earn nice profits while building a tremendous growth potential investment. Designed by Ohio native Barry Serafin, this course is considered to be one of his best designs!. This turn-key golf course is listed by Golf Ohio as the "6th" most visited golf course. All the hard work has been done. Owner lives out of state and wishes to persue other interests. Staff are in place and new owner just needs to take the ball and play!

Facilities: Beautifully equipped 18 hole golf course on 220 acres. There are several structures for equipment including a 1,152 sqft club house, 2,700 sqft pavilion used to serve food & beverages. Liquor licenses included. Course has state of the art double row irrigation system. Fairways, tees & greens are L93 Bent Grass. Course is 6,464 yards & slope rating "129/70.9". There are 60 sand traps. Designed by Barry Serafin & considered to be one of his best designs! Appraisal in 2004 $3,200,000

Competition: There is competition in the area, however,this course is listed by Golf Ohio as the "6th most visited golf course" in Southwestern, Ohio. None of other competitors in the area are ranked in the top 10 or as popular to play.

Growth/Expansion: Growth has been steady, increasing 15% from 2006 to 2009. It is located in a highly desirable region in Ohio and the local community of Wilmington was listed among the cities in the book "The 100 Best Small Towns in America" by Norman Crampton. Course is also a short distance away from Cincinnati, Dayton & Columbus, Ohio.

Seller Financing Available: Yes

Financing: $1M down,25 yr amortization with balloon payment after 15yr at 7.5%

Support/Training: Turn-Key operation. Manager & superintendent will stay on . Seller will give assistance needed for smooth transition

Reason Selling: Other business interests