Swan Lake Golf Resort & Conference Center Plymouth, Indiana. $6.5 million asking price

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1 Plymouth, Indiana $6.5 million asking price

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3 Swan Lake is one of Indiana s finest golf resorts. Featuring 36 holes of great golf, 89 hotel rooms, several smaller rental units, 35,000 sq ft conference center, state of the art indoor/outdoor golf training facility and scenery like none other in the region, Swan Lake is a must stay and play. The golf course and facilities are in immaculate condition and the current owner has taken great pride in taking care of the facility so that there are few if any short term capital needs. With new management coming in the last 3 years the facility has seen dramatic revenue growth. A new owner with a keen eye on the bottom line can easily increase EBITDA going forward.

4 Swan Lake is a high quality destination golf resort centered around a thirty-six hole golf course routing plan and adjoining Golf Academy. This full-service resort is laid out over an expansive, 405+/- acre parcel of land which includes the golf course and practice facility amenities, augmented by a clubhouse with pro shop and golfer s grill, an 89 room hotel with indoor swimming pool, a large scale conference and banquet center with complete, public dining facilities and excess acreage. Additional lodging on site includes four Cabins, three duplex Cottages, two, four-unit Villas, the Fairway House residential rental unit and a duplex adjoining the Academy parcel and occupied by resort employees.

5 5203 Plymouth LaPort Tr Plymouth, IN Year Opened /1985 Total Acres Architect -Al Humphrey # of Holes - 36 Black Course- Par 72-7,131 yards Silver Course Par 72-6,772 yards Greens Fees - $59 Structures Resort Hotel - 88 rooms Built in ,500 sq ft on 2 Stories and a 7,565 sq ft addition built in 2002 Includes indoor and outdoor pools and fitness center Conference Center - Built in ,247 sq ft with a 3,611 sq ft addition built in 2008 Golf Clubhouse - Built in ,040 sq ft above ground and 7,040 sq ft below ground cart storage Maintenance - Built in ,000 sq ft with a 8,976 sq ft addition built in 2002 Golf Academy - Built in ,774 sq ft - includes a 350 yard long driving range. Building includes interior putting greens along with club sales/fitting areas. Outdoor range has practice greens and short game area

6 Rental Units Cabins 2004/ units (1.5 stories) 1,744 sq ft each Cottages units with two 504 sq ft apartments Villas units in 2 buildings 1,936 sq ft each Fairway House ,956 sq ft Golf Carts Club Car golf carts (gas) 110 leased (4th year of 5 year lease) Zoning Swan Lake is currently zoned A-1, Agricultural District within Marshall County, Indiana. Golf courses, country clubs, vacation camps, Bed-and-Breakfast Inns and caterers are all permitted special uses in this classification.

7 Acquisition Opportunity Established resort with excellent reputation locally and regionally Priced substantially below replacement cost 89 room hotel with additional lodging options Easy access to major highways, The University of Notre Dame and City of Chicago Family owned and operated Revenues in excess of $6.5 million Solid revenue growth over the last few years Opportunity to drive EBITDA with cost savings going forward

8 Swan Lake Golf Resort & Conference Center

9 Golf Academy - Built in ,774 sq ft - includes a 350 yard long driving range

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15 Chris Charnas Links Capital Advisors, Inc Lake Ave Suite 15C Wilmette, Illinois Office Cell The information contained herein has been obtained from sources deemed reliable and is subject to errors, omissions and changes in price or terms and prior sale, lease or withdrawal from the market at any time without prior notice.