Description
SOLD ‘Q2 2022
Relocatable Highly Scalable Web & Print Based Golf Deals
New York, NY (New York County)
Seller Financing Available if the price and deal structure is right.
Asking Price: Best Possible Offer
Cash Flow: $820,385
Gross Revenue: $1,534,719
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Established: 1989
Employees: 3
Business Description
ProNova Partners is please to present this exceptional turnkey opportunity to own a lifestyle/leisure business in the golf world. Golf nuts around the country have increased the # of rounds during and coming out of the Covid pandemic, and this business has enjoyed great growth prior to, during, and maintaining the positive tailwinds within the industry. Producing the nation’s largest discount golf passbook, over 45,000 golfers redeem about 1 million offers per year creating a significant annual subscription based annuity revenue stream. The Company presents a one stop shop for deal hunting golfers and is active regionally but has the platform and business design to be scaled nationally and even internationally! With the right buyer to continue to work on marketing and expansion there’s no reason why this shouldn’t be a multi-million dollar NET income business with the right group or individual at the helm. NDA is required {SUBMIT BELOW} to secure first round summary crafted by ProNova Partners.
Detailed Information
Facilities:
Relocatable anywhere in the world basically.
Competition:
No one has the built up membership base of this company, there are local players in individual states but no one offers the same regional platform. GolfNow obviously is a competitor and the 800 lb gorilla but they have a different value prop. from them so signing up new courses is a non-issue.
Growth & Expansion:
Probably the most exciting component of this, take it beyond the existing territories and replicate its success.
Financing:
If the price and deal structure is right.
Support & Training:
As needed.
Reason for Selling:
Sellers are proud of how far they’ve taken the business but feel someone with more marketing skills can scale the business rapidly.