Due Diligence of a potential golf course acquisition
What makes an evaluation of an existing golf course particularly challenging and difficult to understand is that much of what you purchase is below ground or “invisible” to the untrained eye.
The intent of the Due Diligence process is not to discourage you from buying a property; rather, it is to help you understand potential issues and expenses that may not be disclosed by the seller.
Our experience with golf course construction, irrigation, course maintenance and agronomy allows us to understand and recognize all infrastructure issues.
An important aspect of a Due Diligence analysis is obtaining unbiased and impartial information on the property for the future operation of the facility. We do not manage golf clubs nor are we affiliated with any other entity. Hence, we are totally independent and do not have any conflict of interests.
Important Due Diligence issues are:
- Agronomic (problems, needs and concerns)
- Drainage
- Environmental issues
- Existing components (greens, tees, fairways, bunkers, golf course equipment, cart paths, water storage system and golf maintenance building)
- Irrigation (water used, irrigation system and pump stations)
- Needs assessment (capital and operational)
- Operations
- Problems (present and potential)
- Quality issues
- Staffing (needs and evaluation of present)
- Soils
Please contact us if you are considering acquiring a golf facility. We know what to look for in a golf business and can protect your interests.
Visit our What Do You Think? page. It is a great tool to learn how you think compared to others relating to the issues of a golf course acquisition.
Facility Analysis: Feasibility of a new golf course >
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