This restaurant is a well-established Franchised business. This restaurant is a pillar in the community. It comes with a full remodel in 2009, and 5 years remaining on the lease. Sale will include everything... FF&E, Franchise rights, covenant to compete, etc...
Lake Hills Golf Club is a flourishing golf course in Billings, MT, which is a thriving city with an area population of
133,000 residents currently and is actively growing. The area around Lake Hills Golf Course is a well-established
residential area with new developments and home construction underway. There are quality schools, churches, parks and
Lake Elmo in the area. We will be starting our 5th year of current ownership in November 2013. We currently have a
highly qualified management team in place for the Proshop, Food/beverage, events, and grounds. We will continue to
manage and upgrade the golf course for as long as we own it.
Improvements since November 25, 2009 include:
1. Major Clubhouse Interior and Exterior Makeover with:
- All new mechanical
- Insulation improvements with interior insulated walls, exterior insulated finish stucco systems, and
structural roof trusses to allow for R-50 in attic compared to zero insulation before.
-2,500 square foot patio addition with 4 - 10’x12’ overhead doors.
2. Irrigation improvements including:
-Variable Frequency Drive (VFD) pumping system
-Water quality improvements with floating islands and dredging.
3. New State of the Art 4,000 square foot Masonry Grounds shop and storage
4. Cart paths added, trees and underground sprinklers added.
Year built: 1957
Golf holes: 18 (with no parallel fairways)
Type of Golf Course: Public, Daily fee
Length: 6802 yards from back tees & 5146 yards from forward tees with 2 sets of tees between.
Sprinkler system: Central/Satellite with good water rights.
Practice area: Driving Range, Sand Bunker, Chipping Green and Putting Green
Clubhouse: Over 15,000 square foot including Main Floor Banquet area, Concessions/bar area, Patio area and
Lower level locker rooms, offices, Proshop with retail store, and cart barn with 52 cart capacity.
Address: Clubhouse is at 1930 Clubhouse Way and Maintenance shop is at 1848 St. Andrews Drive
Total Acreage: 202.31 Acres (zoned public) + 4 prime golf course lots adjacent to the clubhouse (R-8000)
Maintenance area: New 4,000 square foot shop and 2000 square Quonset, pump station and storage.
Golf Course Beer/Wine License currently in place is non transferable, but may be purchased from The State of
Montana for $20,000
NEW REDUCED PRICE 2.95 mil.
4% financing is available to qualified buyer. BROKERS WELCOME
Parties with serious interest email Ron at email@example.com or leave a message at 406-256-8844 for further information.
Confidential financial information is available to qualified parties.
Please view the hole by hole AERIAL TOUR below
This company provides highly specialized business services to a variety of leading businesses in its market area, which is centered in Yellowstone County, Montana. Highlights include: * Established market presence with premier reputation * High client retention * Booming market area is forecast to have continued strong growth * Stable workforce supported by regular training * The Company has not pursued sales growth for the past 3-4 years, leaving unrealized growth opportunity.
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