After a previous sale agreement fell through, ISMG, LLC has acquired the Broken Arrow, Okla., club. Immediate changes will include hiring a new general manager, lowering full privilege golf dues to $400 per month, eliminating the food minimum and waiving initiation fees through the end of the year.
ISMG, LLC has finalized the purchase of Indian Springs Country Club in Broken Arrow, Okla., after the first sale agreement went into default and the 472-acre facility went up for auction for the second time.
“Indian Springs Country Club is a diamond in the rough, boasting two beautiful golf courses and one of the finest tennis facilities in the state,” said Ryker Young, principal with ISMG, LLC. “To be successful, clubs nationwide have to evolve using fresh ideas. Maintaining the Indian Springs heritage, while embracing change, will play equal parts in our success. We’re excited and looking forward to the club’s transformation.”
Former Oaks Country Club General Manager Mark Barrett will step into the role of Indian Springs’ GM. Barrett has over 35 years of industry experience.
“The ownership is passionate about making Indian Springs a vibrant club offering, and we’re realigning to be relevant in today’s Metro Tulsa market,” said Barrett. “Improving the service and facilities will create an atmosphere our current members deserve and conducive to new member acquisition.”
Ron Minkler, who served as the private club’s GM during its more successful era, is now a club member and will play an advisory role in the rebuilding process, working with management and as a trusted member representative.
ISMG is implementing some immediate changes to the club, such as lowering full privilege golf dues to $400 per month, eliminating the food minimum and waiving initiation fees through the end of the year as enticement for former members to rejoin and attract new members. Relevant menu creation, select capital improvements and an aggressive membership promotion are also part of the club’s short-term plans.
Indian Springs features two 18-hole regulation golf courses that stretch out over 400 acres as well as ten lighted and four covered tennis courts. The club offers a 38,000-sq. ft. clubhouse and three swimming facilities, including an Olympic-sized pool.
Club & Resort Business has followed Indian Springs’ ongoing sale process: “New Buyer Found for Indian Springs CC”.