What should I check before buying a closed golf course?
Check how far the turf and greens have declined, whether the irrigation works, what equipment is missing, and how many members and staff are still reachable. Get advice early from your lawyer on what the land can be used for.
A closed course is a different purchase from a working one. There may be no current income to read, only a site with a clubhouse, some machinery and a lot of grass. Whether it suits you depends on detail you can only learn on site. Walk the property more than once, and bring someone who knows turf.
Turf, greens and irrigation
Ask a qualified agronomist or turf specialist to assess the greens, tees and fairways, and to say how much work recovery would take and over how long. Test the irrigation system, the pumps and the water source. A system that has sat idle can hide broken lines, so ask for a proper inspection instead of a quick look.
What equipment is still there
Get a list of every mower, cart, tractor and tool, and match it to what you find on site. Ask who owns each item, whether any is financed or leased, and whether items were sold off or removed. A used-equipment appraisal can help you plan what must be replaced before reopening.
Members, staff and goodwill
Former members and staff may have moved on, and the club’s name may carry good or poor memories. Ask for member lists, past dues and any money owed back to members. Find out why the course closed, because the reason shapes how you reopen and what the neighbours expect.
Ask about land use early
What the land may be used for, and whether that could change, is a question for your lawyer and for the local planning office, not for the seller. Raise it before you spend on other checks. The golf due diligence guide covers the usual checks for an operating course.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- GuideBuying a golf course in Canada
- GuideBuying a banquet hall and event venue in Canada
- Expert answerHow do I structure a purchase when the target has multiple owners?
- Expert answerShould you buy an existing campground or build one on raw land?
- Expert answerWhat questions should you ask the owner when buying a campground?
- Expert answerWhat should you check about insurance when buying a campground?
- Expert answerHow do I find a bowling alley for sale in Canada?
- Expert answerHow do I find a trampoline park for sale in Canada?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
- 03Business Development Bank of CanadaGovernmentBuying a business? How to protect yourself from potential liabilities
- 04Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.