how to sell a golf course

^{5 Tips to Sell a Golf Course}

1. Plan an Exit Strategy. One of the first steps to selling a golf course is deciding how you will exit the business. ...
2. Prepare Your Paperwork. Once you’ve planned how you will exit your golf course business, you should begin preparing your paperwork and organizing important documents.
3. Acquire a Professional Valuation. Though you may have an estimated price in mind, the most reliable way to obtain an accurate valuation is through a business broker.
4. Prepare Your Golf Course. Before placing your golf course on the market, make sure everything is in order and ready for potential buyers.
5. Contact a Business Broker and List Your Golf Course for Sale. After completing all the preparation steps, it’s finally time to list your golf club for sale. ...

How many golf courses are for sale in the US?

There are typically 175-200 golf courses for sale at any one time in the U.S. market. For a variety of reasons, not all courses are listed here, but if you are looking for a specific course in a certain price range or in a particular region of the country, let us know. We will do our best to help you find it.

Is the trade-in value of my used golf clubs higher than resale?

The trade-in value is slightly higher than the resale price. You get more value for your used golf clubs when you trade-in toward other purchases. Why are multiple values given for my used golf clubs?

Why sell used golf clubs to 2nd Swing Golf?

When you sell used golf clubs to 2nd Swing Golf we give you the HIGHEST values for your items. We waste no time evaluating the condition of your clubs and getting you paid!

Are all Golf Club models given a market value?

Not every golf club model can be given a market value and these items are typically: rare items, antique items, special or tour issue items and other very high-ticket items. If items are extremely old or damaged, they are also not assigned a market value. Need help or have further questions?

How do you value a golf course?

As with most property types, golf courses can be valued via the income approach, sales approach, or cost approach. Each method has its limitations. Given the specialized nature of golf course properties, the application of the comparable sales approach is preferred.

What is the average revenue for a golf course?

According to the National Golf Foundation's 2010 Operating & Financial Performance Profiles of 18-hole golf facilities in the U.S., private 18-hole golf clubs had average total revenue of $3,277,000 in 2009, but with total expenses of $3,204,500.

Is owning a golf course profitable?

Profitable golf courses are generally selling for six to eight times EBITDA, while courses that aren't profitable tend to sell at 0.8 to 1.4 times revenue.

Is buying a house on a golf course a good investment?

Golf course properties typically have great resale value, selling at two to three times that of an average home – which is a magnet for investors.

How do golf courses stay in business?

Ways To Raise Money For Your Golf Course. The most common income streams are green fees, membership fees, pro shop sales, and food and beverage sales. While increasing membership fees or green fees might seem like a good way to increase revenue, it might put off more golfers than the additional income earned.

What is the profit margin on golf clubs?

After all expenses, the best golf retailers rarely profit more than 2-3% of the total cost of a club. However, as a whole, we can say that around 33.33% of the cost of a golf club is the markup from the retailer.

How do golf businesses make money?

How To Make Money Playing Golf (Top 5 Ways)Get a Job as a Golf Pro. ... Play in Golf Tournaments. ... Place Friendly Bets with Your Friends. ... Become a Mystery Shopper. ... Get Sponsorships/Become an Influencer.

Is golf on the decline?

Golf is on the decline in America. That reality has finally smacked us in the face like a two-by-four. The number of core American golfers (those playing eight rounds or more per year) has fallen between three and 4.5 percent every year since 2006.

How many acres is a golf course?

At the individual level, an average 18-hole golf course covers 150 acres, approximately 100 (67 percent) of which is maintained turfgrass. This area is predominantly comprised of rough (51 acres) and fairways (30 acres).

Why do people buy houses on golf courses?

Well Manicured & Beautiful Surroundings Another benefit of buying a home on a golf course is that the majority of the surroundings will be well manicured and maintained. Since most golf courses pride themselves on the condition of their grounds, the chances of having well manicured surroundings is higher.

How can I make my golf course more profitable?

Strategies to Boost Revenue at Your Course This SeasonSell packages.Custom memberships.A well-designed loyalty rewards program.Branded merchandise.Sponsorships.Add an eCommerce page to your website.Open up an online booking channel.Upselling and cross-selling.More items...

Is it noisy living on a golf course?

Things can get noisy if the home is very close to the course. This is especially true if the house borders a tee box or cart path. These locations are often golfers gathering spots and can be noisier than other locations. Before you buy, take time to walk the property lines and understand the course layout.

What are some of the methods buyers and sellers employ to complete a transaction?

Some transactions require creativity. If bank financing isn’t available, other means may be necessary. Installment sales, private equity and participation are just some of the methods buyers and sellers employ to complete a transaction. Every seller’s situation is different.

Is timing important in golf?

Always a big part of any transaction, timing is of considerable significance given the seasonal nature of most golf operations, the considerable amount of due diligence necessary on the buyer’s part and maybe most importantly the objectives of buyer and seller.

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Golf Courses For Sale is a place to Buy and Sell Golf Courses, Golf Related Businesses, and Golf Course Real Estate. Individual Sellers and Brokers can post openly or confidentially

Golf Courses For Sale is a service from the golf course business consulting team of *Michael Kahn (Golfmak, Inc.) and William McIntosh (Golf Specialists, Inc.), with combined experience in golf of over 100-years.

Why Post Your Property With Us?

Golf Courses For Sale is not a brokerage. It is a much needed service designed to bring buyers and sellers of golf courses, or golf related businesses together in one place. When you post your golf related property or business on Golf Courses For Sale, you get:

How To Post Your Property

Follow this link to complete a simple form. Complete as much or little as you feel necessary to attract a buyer-prospect. There, you can chose a payment plan that works for you plus any extras*.

Trading In

One of the most direct ways of selling old clubs is trading them into a store or dealer. This is convenient if you are planning a new club purchase and buy it from the same site. Most shops for trading in golf clubs fall into one of two categories, mostly selling new equipment and focusing on the secondhand market.

eBay and Facebook Marketplace

To get the highest price back for your used clubs, you will likely have to sell directly to someone else. The largest online market for used golf equipment by far is eBay.

One Additional Option

While golf clubs are expensive and trying to get something back on that purchase is certainly understandable, if your reason for getting rid of clubs is more about the space than the money, you can also donate clubs to help others get into this great game.

What to do before selling old golf clubs?

Another thing to keep in mind before selling your old clubs is that you should present them in the best possible condition. You should clean the clubs thoroughly. If required get them regripped, make sure your clubs have original head covers. Your buyers will always prefer to have the complete, original package.

What is the best thing about modern day golf clubs?

One of the best things about modern day golf clubs is that they are almost indestructible.