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Quick Facts
Asking Price: | $8,200,000 | |
Annual Revenue: | $1,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $550,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 500,000 | |
Real Estate: | $7,700,000 | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 94354701 | |
Broker Reference #: | 15084 |
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Business Overview:
Make this almost 40,000 square foot facility with 25-foot clear ceilings your OWN vision for a sports center. Why pay rent when you can own the Facility AND the Real Estate Property, while collecting rent from a tenant? This is truly a UNIQUE opportunity to own an established multi-unit sports business as well as the property which provide the ability to one day grow into a large facility. This opportunity has a tremendous, highly visible location with easy accessibly to all, in an excellent suburban town where kids’ sports are the passion of the town. The business is currently operating semi-absentee without any marketing or advertising and is still highly profitable. Can purchase this indoor multi sports business, collect rent from other sports facilities and decide in a few years to either just be a landlord or own and operate a large indoor sports facility. YOU decide, as YOU control your own destiny by owning BOTH the business and the real estate property. The current business operation is great for leagues, instructional training, camps, for basketball, soccer and volleyball. Tremendous Potential to increase the revenue and the profits. Sleeping Giant for a more hands on owner to create YOUR Vision YOUR Way PLUS room to expand into the entire facility down the road. Total price for the business and property is $8.2m and the business can be sold separately for $700,000 if that is the buyer’s preference. ONE-of-a-KIND building and there are very few properties like this on Long Island. Please refer to 15084 when inquiring about this opportunity.
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