Golf Driving Range

Listing ID:
QUEENAU001-N78

Brisbane, Queensland, Australia

Golf Courses and Country Clubs

The following broker is assigned to this listing:

David Ginnane

david@sunbeltnetwork.com.au
Cell: 0488778460
Real Estate License ID: 3320979

Description

Price : $225,000 (including SAV $3,000) This outstanding business has the following attributes: • 25 years at the same location. • Reputation for high quality facilities. • Scope for growth in patronage. • Surrounded by 6 golf courses with maximum membership and social patronage. • Anticipated PEBITDA and SDE (2015) of in the approximate range of $175,000. • Trained and loyal staff. • Virtually 3 years to run on current lease. Zoning suggests continuity of lease. • Cash or card business. • Owners looking to retire. • Suit an energetic person with an interest in golf. Contact : Dave Ginnane Sunbelt Queensland – 0488 778 460 – 0755 293 700 – david@sunbeltnetwork.com.au

Financials

Asking Price:$225,000
Revenue:$550,000
Cash Flow:N/A
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:N/A (Included in Asking Price)
Inventory Asking Price: N/A (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1985
Year Acquired:2012
Full-Time Employees:N/A
Part-Time Employees:4
Reason For Sale:Retirement