Warrior buys North Carolina course

Irvine, Calif.-based Warrior Custom Golf Inc. bought Asheboro Country Club in North Carolina, marking its ninth golf course purchase to date.

The troubled course was bank-owned, and before it could head to auction, Warrior's acquisitions unit stepped in and scooped up the course for more than $700,000.

Warrior Custom Golf, primarily created to develop, make and market custom golf clubs, has seen more than $200 million in sales with more than half a million customers.

Its headquarters consists of a 30,000-square-foot manufacturing facility with more than 200 employees. Art West, founder of Jacksonville, Fla.-based brokerage firm Golf Course Advisors, represented Warrior in the transaction.

Built in 1954 with Bermuda Grass fairways and Bent Grass greens, the Asheboro course is in need of a makeover. Warrior's plan is to remodel the clubhouse and build a cart barn with new carts and equipment. The reopening date of the course in Asheboro, located about 70 miles west of Raleigh, is set for Feb. 1.

The 18-hole course has played host to some of Asheboro's major and amateur tournaments.

A 22-acre lake acts a centerpiece of the country club and 18 surrounding home lots came with the deal, overlooking the 18th hole and lake.

“It's a good country club, well supported by the folks here,” said West.