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BUSINESS REFERENCE : CO089 / RightBiz 18-HOLE PRIVATE GOLF CLUB | | | | | | 18-Hole Private Golf Club with Superb Clubhouse and Impressive Function Rooms Confidentially offered for sale Ref No: CO089 Location: Chester, Cheshire Freehold Asking price: £3,750,000 | | | BUSINESS LOCATION: | Undisclosed Cheshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Golf Courses | | SALE: | Agent Sale | LEASEHOLD: | £3750000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This beautiful parkland golf course opened in 1999 after some 7 years of meticulous planning, investment and design. Ideally located on the outskirts of Chester in the beautiful Cheshire countryside this course serves the highly populated and affluent area of Chester and beyond. The club has quickly established itself and is now starting to make a real impression in the market and area it serves. The business was originally established to meet the strong demands of the local golfing community and it is not only meeting these needs but by far exceeding them. Because of this the catchment area for the services this club provides is far wider than initially thought.
The golf course is specifically designed to appeal to both beginner golfers and seasoned professionals. Its excellent location set within parkland enables it to provide an all year-round golfing opportunity, and has earned it the reputation as one of the best eighteen-hole golf courses in the vicinity. There is a good mix of par three, four and five holes with hazards a plenty including water and bunkers to name but a few. Total yardage for the 18 holes is in excess of 6600 yards.
The golf centre has a driving range with various distance markers, target pins and the like as well as a large outdoor practice area for short game including putting green and pitching/bunker areas. The course itself offers its clients well-drained, rolled greens that provide year round golf, and which are maintained in excellent condition by the current green keeper. The course has the latest technology to assist in this maintenance.
The clubhouse is an inviting and modern building boasting some 10,500 square feet of useable space. It is a modern design and the bars are perfect for entertaining,
The clubhouse also boasts an impressive function room. I t has to be stated that the function suite is very popular and is utilised most of the year. Wedding functions are particularly popular with marquees being erected adjacent to the clubhouse, such is the space available, providing spectacular settings for such occasions.
The golf course’s facilities also include excellent locker and changing room facilities as well as a large residential one bedroom flat and ample parking with space up to 250 cars.
Since opening the business has offered an unrivalled quality of lifestyle and living for both the seasoned professional and the beginner golfer. The clubhouse is open all day, everyday, with a resident golf professional on hand for friendly advice and professional structured tuition.
Ideally located near to several major road routes and close to the major motorway network this course is accessible to a very large population base of high disposable income. This alone is a key factor for its desirability to a new owner. The centre has already developed a reputation for its friendly atmosphere and welcoming modern approach to its members of which there are 350, including life members. The challenging course and excellent facilities enables the club to currently cater for a wide range of requirements, be it golf, socialising, special occasions and functions.
The sale offers the potential purchaser a business that has the infrastructure now in place on one integrated site and an abundance of untapped potential. The course itself sits on a 167 acre site that also has plenty of excess land that is perfect for development. Such development could encompass a high quality and exclusive hotel/ country club facility including a health spa and associated services, an equestrian centre or holiday homes all of which would feed the existing golfing centre as well as meet the needs of the community it serves.
Equipment:
A full catalogue of equipment is available upon request.
Customer Service:
Providing a professional and friendly first class service, this business has built its reputation on its commitment to providing a high quality facility to its members with a refreshing modern approach. As well as its dedication to customer satisfaction it has attracted and continues to attract new referrals through strong word of mouth recommendations.
The golf club offers a completely new kind of golfing experience. The facilities have been designed with the expectations of both the novice and expert players in mind. The club understands that whilst nothing is more important than the golf, members' lifestyles need to be addressed. That is why the club provides a haven for like minded people, with luxury facilities to make their visit as relaxing and enjoyable as possible.
The enterprise has earned an excellent reputation over the past 9 years for its excellent facilities, friendly, experienced staff, and competitive prices. This reputation is growing, further fuelled by the ongoing course maturity, the very successful function suite business which is a great marketing tool and the ever increasing membership the club enjoys.
Key Strengths:
This excellent eighteen hole golf club prides itself on the well-maintained and challenging course it offers golfers of all ages and abilities. Since opening the club has offered quality golf and a truly inviting membership facility.
The golf course is ideally located to benefit from the wealthy neighbourhood and strong golfing population. The experienced and competent management and staff have built long-term success and profitable growth with a professional friendly attitude.
• Idyllic location close to areas of larger population
• Superb new facilities including clubhouse, function rooms, driving range and practice area
• Low staff numbers required due to site integration
• Excellent potential for further development of both the golf and other leisure related businesses
• No other compatible facilities in the surrounding areas
• Caters for all types of golfer
Growth and Expansion:
This golf club is still in its infancy. All the building blocks and facilities have been put in place. A new owner with new energy, drive and initiatives would be ideally placed to truly exploit this fantastic lifestyle opportunity. The current membership of the club is circa 350 members and rising and the opportunities to develop both the corporate and golf society side of the business have not yet been addressed. This alone would represent significant growth in terms of future revenues, not to mention further development of the site itself together with the continued success of the function facilities.
Key Opportunities:
There is an excellent opportunity to build on the existing base of this club. With a strong demand for these leisure facilities, as well as potential to develop complementary ones, be it a hotel, country club, holiday homes or further development of the golf club site there is huge capacity to increase turnover. A new owner contributing fresh ideas and outside influence could easily build on this already impressive success story.
This is an ideal chance for a new buyer to invest in a well-established, successful business with further potential to develop and market the clubhouse facilities. The club has a full premises license and can open it doors 7 days a week.
Employees:
The vendor works less than part time within the business alongside his wife who is responsible for the functions. The following staff are employed.
1 Full Time Manager
1 Full Time PA to vendor
4 Full Time Greenkeepers
5 Part Time Clubhouse staff (bar, waiting on etc)
The business also has a pool of part time staff they can call upon for the functions as and when required
Advertising and Marketing:
The business has done limited advertising to date on a local level. It does however have a very good website that could be further developed in line with some more targeted corporate marketing.
Business Hours:
7 days a week
Premises:
Freehold
Site is 167 Acres
Clubhouse 10,500 square feet
Ground floor- reception, locker rooms, retail area, main lounge, separate spike bar/function room plus Ground floor self contained one bedroom apartment.
First floor function room with balcony over looking the course
All fixtures and fitting are high quality and in excellent condition.
Separate green keepers building circa 5000 square feet with offices
Large car park (250 cars)
Putting/Practice Area
Driving Range
Rates £22,000 per annum
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover for the current year is circa £664,000. This is split evenly between the function room business and the golfing revenue. There are huge opportunities to expand both these revenue streams should a new owner so require.
Reason for Sale:
Health reasons
Support and Training
The current owners would be happy to provide full training and support at handover | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CO089 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
