subject: Buy a Golf Course [print this page] Page Title: Buy a Golf Course Page Title: Buy a Golf Course
Keywords: buy a golf course, commercial property, golf enthusiast, successful business
Description: Would you like to buy a golf course?
Investing in a commercial property can provide you and your family a secure, steady income over a lifetime. A golf course is a dynamite opportunity and has proved to be a very lucrative business.
Golf is a relaxing sport and a country club with a great atmosphere provides a home away from home for the golfer. Members and guests both enjoy playing, socializing and improving their game all because your golf course is at it's best.
Smart investors want to buy a golf course with positive cash flow and plenty of room for improvement. They want to buy it for a low price so they can turn a profit from day one.
The owner would like to sell the golf course for as much as possible. The trick is making a deal that benefits both parties.
The ideal golf course is in beautiful condition, has loyal members, a fully operational kitchen, a busy calendar of events, management, maintenance and wait staff. A course that needs no improvements will come with a hefty price tag.
Unless you are Donald Trump, you probably won't be investing in dream business the day you buy a golf course.
You will probably have to make some improvements.
Get a professional golf course consultant to help you maximise your profits. Prepare a business plan for each of the golf course departments. When you plan to grow a business, your business will grow with your plans.
Improvements to the marketing plan mean improvements to the bottom line. Market, improve, test, make people happy. The more you improve the course and the daily operations the more green your golf course will bring in.
Investors who want to buy a golf course should look for growth potential, structure, Net Operating Income, Debt to Loan ratio, the history of the course, the current membership... and what it will take to get the golf course running at full tilt.
