This Golf Club Could Make $600K a Year… Or Bankrupt You

In this episode, the hosts break down a $4.6M rural golf course deal with sketchy financials, a possible connection to Blackwater, and more red flags than a PGA tournament. Business Listing – https://www.loopnet.com/biz/business-opportunity/the-golf-club-and-grill-at-eagle-creek/1870370/ Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them. Subscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1 Subscribe to our Newsletter: https://www.acquanon.com/newsletter Connect with us on Social Media: Twitter: https://twitter.com/acquanon LinkedIn: https://www.linkedin.com/company/acquanon 👋 Follow the Hosts Michael Girdley – Entrepreneur & investor. Twitter: https://twitter.com/girdley Bill D’Alessandro – CEO of Elements Brands. Twitter: https://twitter.com/BillDA Heather Endresen – SBA lending expert & advisor. Twitter: https://twitter.com/EndresenHeather Mills Snell – Small business investor & advisor. Twitter: https://twitter.com/thegeneralmills 💰 Sponsored by: OpenPhone – The smarter phone system built for startups and modern teams. Keep work and personal calls separate, manage everything in one app, and stay connected from anywhere. https://www.openphone.com/ Acquisition Lab – A step-by-step program that guides entrepreneurs through buying a business. Get expert advice, tools, and a vetted community to accelerate your acquisition journey. https://www.acquisitionlab.com/ Today’s deal is a $4.6M golf course and grill in Moyock, North Carolina—complete with 700+ Google reviews, a booming local presence, and exactly zero tax returns available. Key Highlights: - Asking Price: $4.6M; includes real estate valued at $2.6M - Claimed Revenue: $2.4M with $600K projected profit - No Tax Returns Available: Sales reports only, SBA buyers not allowed - Location: Moyock, NC—near the Blackwater HQ, fast-growing area - Major Red Flag: Unprofessional listing, unclear financials, odd photos