Industry:
Arts/Entertainment
Business Address:
Cromer, NSW, 2099, Australia
Click on pics to enlarge.
AD
ID:
B260700005
Asking
Price:
AUD$5,000,000
Rent:
Detail
business type:
Indoor Golf Range
Business
Ph:
0436 810 425
After
hours ph:
Contact Details
Name:
Mr. Brad McIntosh
Advertising
Nature:
Private Seller
Company
Name:
Phone:
0436 810 425
Mobile:
Fax:
Email:
brad59@precisiongolf.com.au
Website:
Suburb/State:
Cromer / NSW
Postal Code:
2099
Country:
Australia
Comments:
Features
PREMIUM INDOOR GOLF RANGE FOR SALE
Established since 2015, this premium indoor golf entertainment venue opened at its current location in December 2023. Featuring world-class facilities, a strong membership base and experienced management, this fully established business offers an outstanding investment opportunity with proven recurring revenue and significant future growth potential.
* Established brand since 2015
* Current centre opened in December 2023
* 32 Trackman indoor golf systems
* 24 driving range bays with Flight and Trackman technology
* 5 Trackman golf simulator bays
* Full size short game area
* Trackman pitching areas
* 240 square metre corporate function room
* Trackman golf simulator in corporate room
* 10 person board room
* 18 hole indoor mini golf course
* Fully equipped golf retail pro shop
* Food and beverage operation
* Membership based business model
* Casual play and corporate events
* Professional coaching available
* Group bookings available
* Forward EBITDA of $1.21 million
* 43.6 percent EBITDA margin
* Membership base generating $1.12 million annualised revenue
* 69 percent year on year membership growth
* EBITDA multiple of 4.1
* Proven pricing power
* Recurring membership income
* Loyal customer base
* Minimal seasonal impact
* Year round revenue
* Excellent expansion potential
* Corporate event opportunities
* Experienced management team in place
* Ideal for multi site expansion
* Suitable for hospitality operators
* Suitable for leisure groups
* Strong corporate client base
* Strong community customer base
* Strong lease terms
For further details, please contact 0436 810 425.
Email: brad59@precisiongolf.com.au
