Coffee Mill Golf Course Stock Announcement

 In 2018 the golf course was up for sale by the owners at that time. Previous shareholders had a “buy back” clause when it was sold nine years prior. When it was determined that a potential buyer of the golf course was NOT going to continue operating a golf course, a group of people got together and exercised the buyback clause, and Coffee Mill Golf Course, Inc. was established. The initial stock purchase price was set at $10,000 per share, and until early 2025 there were 24 shareholders. In April of this year, a decision was made to do a stock split and reduce the price of a share to $1,000. As a result, we now are up to 32 shareholders, and we hope to continue adding new shareholders. 

As a supporter, member, or resident of the area, I hope you agree that our golf course is a gem.  If you have played golf or been there since it was taken over, I’m assuming you’ve seen the improvements both inside and out. Our goal is to ensure that our golf course continues to grow and thrive for generations to come. But we need more people to get involved! The golf course is a community asset and not only provides valuable recreation for all to enjoy, but also offers a place where you can come to enjoy the magnificent view and have a drink or a bite to eat. It also offers a venue for weddings and other events. For those who live “on the bluff” it also adds to the value of your property. 

Each and every year, we have made improvements both inside and out and with your help, we can continue to do so. We should be proud to say our course is one of the best courses in Southeastern Minnesota. Help us continue to sustain this gem for generations to come. As a shareholder, you would have a say in how the course is run, offer ideas on how to get more people involved, help come up with events that drive business to the course/clubhouse, serve on the Board and more.

Just to be clear, shareholders have never received a discount on memberships, and there have been no dividends issued to date. All revenue has gone back into the course.

I hope you will consider buying one or more shares. If interested, please complete the attached form. You can either drop this off to Chris Sill at the Clubhouse or mail it to Coffee Mill Golf Course, 180 Coffee Mill Drive, Wabasha, MN 55981

Thank you and I hope you will consider helping secure the future of our golf course!

Jim “Arlo” Perry

President, Coffee Mill Golf Course Board of Directors

jimvperry@yahoo.com

#651-301-0657