If you are interested in acquiring a golf property, there are some important issues to consider.
- What are the most important issues to be verified during Due Diligence?
- What is the overall condition of the physical facility?
- Irrigation System
- Golf Course Maintenance Equipment
- Golf Carts
- Furniture, Fixtures, and Equipment
- HVAC Systems
- Do you have a proven Due Diligence Check List?
- Do have a proven business model?
- Can you develop credible go-forward operating projections?
- What best legal entity should own your facility?
- What does one do with the existing personnel, what are the obligations?
- Are you paying too much, for what you are buying?
- Is it best to lease or buy the equipment?
- Is some legal counsel better than others?
- Are there “hidden” revenue centers? If so, how does one go about ensuring them?
Our management team has successfully completed several hundred golf course acquisitions, both public and private, in all parts of the country. In so doing, they know where the pitfalls lie, and can help ensure a smooth and easy transaction.
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