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Entertainment & Recreation · Indiana

Century Old 18 Hole Golf Course in East Central Indiana

Main StreetReal estate included

Not disclosed

Asking price
Not disclosed
Cash flow (SDE)
-$11.6K

105% below median ($236K)

Revenue
$315K

44% below median ($561K)

Multiple
—
Margin
-4%

54 pts below median (50%)

About this business

This listing features an 18-hole public golf course located on over 100 contiguous acres in East Central Indiana, with a large clubhouse. The course has a long-standing history and primarily earns revenue through daily fees, memberships, and on-site services like food and beverage.

  • Includes 100+ acres of real estate with irrigation facilities
  • Large clubhouse with recently renovated roof and siding
  • Established customer base with over 6,700 green fees and 100+ members in 2025
  • Minimal owner involvement, averaging 25 hours per week from partners
  • The property is an asset sale with no outstanding business debts

Business details

Category
Entertainment & Recreation
Business type
Main Street
Location
Indiana
Real estate included
Yes
Reason for selling
Retirement
Listing ID
N2273

Listing history

  1. Listed · Nov 3, 2026

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