Project Overview
Golden Eagle Golf Club is a spectacular course that was designed as a public golf course with a private golf course feel and quality. SVN | Northco initially assisted the ownership group with an equity & debt restructure that removed certain inactive partners.
SVN | Northco is currently acting as the overall manager of the entire operation. This role requires SVN | Northco to oversee and improve all aspects of the operation including golf, F&B, and financial reporting. Under SVN | Northco oversight and guidance, Golden Eagle has turned a significant profit increasing the EBITDA from 2012 to 2017 by $200k+.
"Not only was the due diligence process seamless, the transition to our ownership on the operation side was, as well."
“My family has been coming to the area for more than 17 years and have a cabin nearby. I have spent the last 27 years in medical device development and manufacturing, but always missed summers in the mid 90's working outside in park and athletic field maintenance. I had a lifelong dream to own a course and Golden Eagle has been my favorite for years. When I saw it was for sale, I immediately reached out to SVN | Northco to inquire. Their vast knowledge and experience with the course came through right away. I knew they were the right group to carry on management going forward.
Not only was the due diligence process seamless, the transition to our ownership on the operation side was, as well. As a fairly hands-off owner, it's been a great experience knowing that I have complete trust and confidence in SVN | Northco's management as they continue to grow and improve the operations. Our family couldn't be more pleased with the course conditions, incredible staff and quality operations that has led to Golden Eagle being voted the best golf course in the Brainerd Lakes Area and in the entire state of Minnesota, as well.”
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Project Summary
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