Fantastic business and investment opportunity at the Grovedale Golf & Country Club! Spanning 139.56 acres, this established recreational property features: 18-Holes, a fully operational and scenic 18-hole golf course.Campground, A convenient 20-lot campground on-site. Development Potential: Land zoned for the future development of a hotel, with complete architectural and development plans available.
Essential information
MLS® number
A2336975
Status
Active
Price
$3,200,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
Call Lister
Building area
6,079,284 sq ft
Year built
1982
Structure
Sports and Recreation
Listing brokerage
smartPRO Realty
Source
Pillar 9™ MLS® System
Interior
Included
18 holes, a 20 lot campground
Exterior and construction
Zoning
16
Community
City
Grovedale
Province
AB
Postal code
T0H 1X0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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EBITDA—
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Value at that multiple SDE × multiple
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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33 photos$2,475,95775 White Avenue, Bragg Creek
