MergerPlace

Discount Golf Books

Florida


  • Asking Price: $2,950,000
  • Gross Income: $1,122,783
  • Cash Flow: $401,597
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $300,000
  • Listing ID: #223405
  • Established: 1991
  • Employees: 5

Business Description

The company produces and sells the nation’s largest discount golf passbook in both a traditional print format (since 1992) and a web-based digital application (added 2015). The program is currently active in 18 states with over 1,200 participating golf facilities. The addition of the digital model provides rapid scalability with reduced overhead. The annual subscription-based revenue serves 50K+ avid golfers redeeming approximately one million offers per year. The company utilizes regional subcontractors for golf course contracts and deal acquisition coupled with digital licensing in new markets. Please refer to listing #3353-502667, Agent Joseph Nicolini when inquiring about this listing. Thank you!


Business Details

Primary Business Category: Internet Related - Consumer Services B2C
Location: Florida

Company Information

Year Established: 1991
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 5

Financial Information

Asking Price: $2,950,000
Gross Revenue: $1,122,783
Cash Flow: $401,597
FF&E: $300,000
Inventory: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

Owned and well established for 29 years

Growth & expansion opportunities:

The potential for growth with an acquistion by another compeitior would make the buyer a much larger player in the industry.

Competition:

Competitive Overview: The unique digital platform created by the sellers is the envy of the industry Non Compete: Miles: 3000 Years: 5

Reason for selling:

Other busness interests.

Support & Training:

WIll train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Joseph Nicolini

Transworld Business Brokers of Central Florida