Read this first
This acquisition is paired with the purchase of $1.2 million in lots, under a separate agreement. A buyer must take both. We state it up front so nobody spends time on the course alone.
The details of the lot purchase are covered in the package behind the agreement.
The part that makes this rare
Green fees, food and beverage, a sports bar and an event facility that hosts weddings and large functions. Each one feeds the others, and the clubhouse keeps earning when the course is closed for the season.
Seller financing starts with low fixed payments in the first two years and steps up from there, which gives a new owner time to put the plan in place before the preferred return steps up.
The business plan phases out deeply discounted seasonal passes, caps membership tiers and adds a technology-driven player development program on the driving range.
The full structure and the figures are in the package behind the agreement. Buyers should complete their own due diligence.
At a glance
| Property type | Public 18-hole championship golf courseClubhouse restaurant, sports bar, event facility |
|---|---|
| Location | Southern MinnesotaExact market disclosed after NDA |
| Acreage | 240+ acres |
| Purchase price | $2,250,000 |
| Required with this deal | $1.2M of adjoining lotsPurchased under a separate agreement |
| Equipment included | All owned maintenance equipment and cartsValued at over $450,000 |
| Seller financing | Preferred equity in the operating company, stepped terms disclosed after NDA |
| Down payment to seller | |
| Monthly NOI | |
| Monthly cash flow after debt | |
| Earnest money | Soft through the due diligence period |
The business
A modern, public championship course in the lake country of southern Minnesota with good regional highway access. The clubhouse includes a full-service restaurant, a sports bar and an event facility for large weddings and functions.
All owned maintenance equipment and golf carts are included in the sale.
Where the upside is
Who this fits
Sign one confidentiality agreement and every locked figure on this page opens, along with the deal deck. It covers every future listing too.
Your information is never shared with the seller without your consent.