Golf Course for sale in NH – with 18-room Motel, Event Facility & Owners Apt Surrounded by the Mountains

Description

Excellent opportunity to own and operate a beautiful golf course with a large event facility and lodging.  Colebrook Country Club provides affordable lodging in an 18-unit, all ground level motel. They offer guests and the public a cocktail lounge with limited bar menu and a banquet facility, along with a 9-hole golf course located on 60-acres overlooking the mountains of Northern New Hampshire. The centralized location is easily accessible to woodland, lakes and streams for hunting, hiking, fishing and other water related activities.

For avid snowmobilers and ATVer’s, the Business is located directly on ATV and snowmobile trails (on State corridor 18), accessing hundreds of miles of groomed trails in the surrounding area. For cross country and back country skiers, you are nearby plenty of trails for just about any level. Plus, there is even a 3 bedroom & 2 Bath owner’s quarters on the premises.

Detailed Information:

Business Price: $1,200,000

Revenues: $663,933

Inventory: Based on value at the time of the purchase

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Sellers Discretionary Income: $197,816

Real Estate: Included

Facilities: Approximately 60+/- acres with an 18-room motel, a Banquet facility/Bar/Clubhouse, 3 bedroom/2 bath Owner’s apartment on second floor, 9-hole golf course and several other smaller structures.

Competition: The company has very little direct competition. There are no golf courses nearby and only two restaurants that could accommodate private parties.

Growth & Expansion: Pro – The Company offers high quality and affordable services in a unique setting that is not easily duplicated in the area. It’s a year round destination that caters to tourist and locals alike. They have 50-60 golf club members and many upcoming functions booked for 2017. They have a great location with plenty of free parking and beautiful views of the mountains.

Support & Training: Seller is willing to stay on for a period of time to assist in support and training.

Reason for Selling:  Change of pace and a new opportunity

 

 


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