High Profitable, Golf Retailer with Adjacent Golf Range

Listing Number: 70081-552040

Description

Located in Winnebago County, IL, this 20 year old, highly profitable Golf retailer has entered the market, offering a unique opportunity for the right buyer. Business boasts a golf retail store with an attached outdoor driving range. Store sells equipment, clothing and much more to its loyal patrons. Offering the ability for people to purchase and practice with the equipment in the same location has helped make this business a success. Perfect for an absentee owner. Great staff in place including an onsite manager. This establishment has a related restaurant available for purchase. The land and an additional 15,600 sqft building are also being offered for sale. Seller is retiring. Annual sales of $1.6M. Gross margins of 43%.

Listing Details

  • Price: $950,000
  • Down Payment: TBD
  • Sellers Discretionary Earnings: $161,632
  • Total Sales: $1,596,118
  • Location: Winnebago County, Illinois

  • Inventory: $600,000
  • FF&E: $0
  • Employees:
  • Year Established: 1972
  • Reason for Selling: Retirement
  • Category: Recreation
High Profitable, Golf Retailer with Adjacent Golf Range

Business Listed By:

Larry Swanson