25230 S Wallens Road, Estacada, OR 97023 - Clackamas County

Business Description

The Golf Course is a well-established nine-hole public golf course situated in a beautiful setting in Estacada, Oregon on a stunning 60 acre property. The tree-lined course, originally developed in 1962, offers a challenge for golfers of all ages. In addition to the par 36 course, the property includes a clubhouse with beer, wine and snacks, large shop building, owner s home, twenty three rental carts (gas), and an abundance of equipment used for maintaining the grounds. The Owners purchased the Company in 1986, and have made multiple improvements which include several outbuildings/storage areas, a small office addition, improved tee boxes, and other facility improvements which include greens work and a fully automatic sprinkler system. The current Owners have concluded that the Golf Course would be best served with an on-site owner who has the experience and energy to actively manage the course and increase the marketing of the business. Currently there is no website or on-site golf pro, and the Owners feel that these additions would provide a substantial boost to the current operations. Accordingly, they desire to identify a new owner to build on the improvements they have made, and take the Springwater Golf Course to its next level of success and profitability.

Note: Our specific Non-Disclosure Agreement & Buyers Acknowledgment Agreement are required prior to release of any additional information.

Detailed Information

Competition: Competitive Advantages and Markets The Golf Course is positioned for growth and is well located to serve a broad and active market.

Financing: Sellers will carry with a strong down

Reason Selling: retiring

Seller Financing Available

Asking Price:$1,800,000

Gross Income:$200,000

Cash Flow:$65,000

EBITDA:N/A

FF&E:$250,000.00 *

Inventory:$2,000.00 *

Real Estate:$1,600,000.00 *

Year Established:1962

Employees:N/A

Business Type:Amusement & Recreation

* included in the asking price

25230 S Wallens Road

Estacada, OR 97023