18-Hole Golf Course in SW Wisconsin

Iowa County, WI
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Sale Pending
Asking Price:$2,500,000
Gross Revenue:$850,000
Real Estate:$1,250,000
Cash Flow:$250,000
FF&E:$190,000
Established Year:1950
BUSINESS DESCRIPTION

This established 122 acre 18-hole golf course includes a 5400 sq ft clubhouse that has a full kitchen and bar. There have been upgrades to the property including newer maintenance and cart buildings and new wells.

There has been over a 60% growth in memberships over the past twelve years. 2024 revenues are expected to be $900K+ vs the past three years of $788K-$834K. Approximately 33,000 rounds of golf were played in 2023.

The staff is tenured and strong relationships have been built with the growing local communities.

Please reach out for more information.


DETAILED INFORMATION
Location
Iowa County, WI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
122 acre 18-hole golf course, club house, maintenance building, cart shed. All bar and kitchen equipment, maintenance shed, cart shed, all tools and equipment.
Support & Training
Owner willing to stay on to train for a successful transition
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Dan
Gerdman
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Dan Gerdman