Do Golf Courses Make a Lot of Money? Exploring the Economics of Golfing

Do golf courses make a lot of money? Just like any other business, golf courses can become more profitable by increasing sales or decreasing costs. Profitable golf courses are generally selling for six to eight times EBITDA, while courses that aren’t profitable tend to sell at 0.8 to 1.4 times revenue. Read more on www.fool.com … Read more