GENERATIONAL EQUITY

CentralJan23

Issue link: http://deals.uberflip.com/i/1489093

Contents of this Issue

Navigation

Page 126 of 225

Midwest/Upper Great Lakes Region, US Public Golf Course with Event Facili es Stephen Dinehart III, Senior M&A Advisor Tel: (608) 833-9396 Fax: (972) 232-1132 Email: sdinehart@genera onal.com www.Genera onal.com I www.DealForce.com 2022 Est. Revenue $1.4MM I 2022 Est. EBITDA $440K+ Highlighted Investment Considera ons • Superior Name and Reputa on: The Company enjoys a long-standing reputa on for the quality of its 18-hole golf course and clubhouse, exper se, dependability, and superior customer support. Its reputa- on in the industry is the result of conduc ng business with a philosophy that is supported by profes- sionals, principles, values, and ethics. As a result, the majority of the Company's business is from repeat customers and referrals. • Strong Historical Sales Growth: Historical sales grew consistently from nearly $1.1 million in 2019 to over $1.3 million in 2021, represen ng a CAGR of 12.9%. • Diversified Customer Base: The Company has developed an excellent reputa on within the local area for supplying a high-quality and high-value golf experience along with superb hospitality for special events hosted in the clubhouse. Over the historical period, the Company experienced no significant cus- tomer concentra on. For more information, please sign the Confidentiality Agreement DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and its affiliate network members is an agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. The Company is a privately-owned, family-run, public golf course. Its award winning 18-hole golf course has a legendary reputa on for its unusual terrain and exci ng holes. The Company operates from its 120-acre golf course, as well as a 15,000-square foot clubhouse. The land and clubhouse are both owned by the Company, and will be included in a purchase transac on. During 2021, revenue was generated from golf fees (61% of sales), food and beverage (32%), pro shop (5%), and other (2%). The Company has a loyal customer base composed of members and dedicated golf enthusiasts. It offers several special event forums with capacity up to 500 people. Special events range from local clubs mee ngs, to weddings, to holiday buffets. Historically, the majority of the Company's revenue has been derived from golfers (95% of revenue) with the remaining 5% coming from special events. This Offering is Pre-Qualified for SBA Financing. Click here to learn more. Client #65875

Articles in this issue

Links on this page

Archives of this issue

view archives of GENERATIONAL EQUITY - CentralJan23