Country Club at Bristol changes hands Reviewed by BJournal Editor on . By Scott Robertson [caption id="attachment_710" align="alignright" width="388"] The principals: (L-R) Jack Davis, Jr., Roscoe Bowman, Mitch Walters, Tim Carter By Scott Robertson [caption id="attachment_710" align="alignright" width="388"] The principals: (L-R) Jack Davis, Jr., Roscoe Bowman, Mitch Walters, Tim Carter Rating: 0
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Country Club at Bristol changes hands

Country Club at Bristol changes hands

By Scott Robertson

The principals: (L-R) Jack Davis, Jr., Roscoe Bowman, Mitch Walters, Tim Carter and Gene Garrote.

The principals: (L-R) Jack Davis, Jr., Roscoe Bowman, Mitch Walters, Tim Carter and Gene Garrote.

Country Club at Bristol has been in limbo for the better part of a decade. But after a pair of transactions July 1, members hope a new era of stability is dawning.

Local businessmen Roscoe Bowman, Tim Carter and Mitch Walters purchased the club from TruPoint Bank and immediately signed a 10-year lease to Integrity Golf, a management firm based in Orlando, Fla. “Roscoe, Tim and I probably operated this golf course the shortest amount of time in history because we closed on the course yesterday at 3 o’clock and the lease was affective at 3:01,” said Walters after a July 1 news conference. “We’ll say that this was an $11 million project in the beginning, and we bought it for significantly less than that. We won’t disclose the exact amount but the whole complex has a value of $11 million.”

Integrity operates the Crockett Ridge course in Kingsport, along with 31 others nationwide. CEO Gene Garrotte said the priorities for Bristol will include a rebranding and other strategies to broaden the membership base. The Country Club at Bristol is the oldest continually operating country club in Tennessee.

 

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