We are pleased to exclusively offer the opportunity to acquire the historic Philmont Country Club (also referred to as “the Club” herein) in the north Philadelphia suburb of Huntingdon Valley, Pennsylvania.

Founded in 1906, Philmont Country Club features an 18-hole championship golf course designed by Willie Park Jr., a 58,000-square-foot clubhouse with a fully equipped pro shop, men’s and women’s locker rooms, The 1906 Grille, Founders Room, ballroom, lobby lounge and a stone patio overlooking the 18th green. Furthermore, the Club features new tennis/pickleball facilities, an Olympic-sized swimming pool and kids’ pool, and a state-of-the-art fitness center with a golf simulator.

Since buying the Club in 2017, current ownership has spent more than $9m on capital improvements, including but not limited to an interior redesign of the clubhouse, renovated locker rooms, a new fitness facility and simulator, and a newly resurfaced pool. Additionally, a new 176-unit townhome community is being developed on the south course with mandatory social dues at the Club. With recent capital improvements and the implementation of mandatory future membership, Philmont Country Club is poised for long-term success and sustainability.

ASKING PRICE: MARKET BID

• T-12 (Oct 23 – Sept 24) Gross Revenue: $5,092,744 | Stabilized/Projected EBITDA EoY5: $1.5M
• New Townhome Community Nearby is Expected to Sell Out Over the Next Three Years, with Mandatory Social Memberships at the Club Projected to Add
• Historic, Private Club with 400+ Members Generating Nearly $2 Million in Membership Dues
• Extensive $5 Million Clubhouse and Amenities Renovation Completed in 2019, with Over $9M in Total Capital Improvements Made by the Current Owner
• Full Range of Family-Friendly Amenities & All-Inclusive Banquet Facilities That Can Accommodate up to 300+ Guests
• Brand New Maintenance Facility, New Cart Barn, New Driving Range, Short Game Area, New Tennis Courts, and Pickleball Courts