Indoor Virtual Golf Facility

Business Overview:

This state of the art golf simulator studio is located in the heart of the prime metropolitan area of Utah County.  It is fully built out and utilizes the industry best Trackman equipment; allowing users of all levels of play, to enjoy, practice and improve their game; regardless of the time of day or year.  It is fully autonomous for members; thus requiring no day-to-day supervision.  It has developed strong relationships/agreements with significant corporate and educational groups as well as retail golf sales organizations.  This business is being offered at a price which is less than comparable build-out and equipment would cost to establish a new facility.

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Property Features and Assets:

The business is housed in a location sitting on a prime thoroughfare.  The facility is fully built out into four operating bays; each fully equipped with turf, technology, screens and and amenities to make the experience comfortable as well as fun and helpful.  There is a lease in place that can easily be extended as necessary.

Assets = $227,433

Market Competition and Expansion:

There are a number of apparently similar operations along the Wasatch Front.  However this business has several unique advantages. 1) It is located in the heart of the largest metropolitan area of Utah County providing easy accessibility for customers, 2) Relationships have been developed with significant corporate and educational sponsors and users providing unparalleled support and credibility. 3) They have an established relationship with a golf retail group providing revenue based on the sales volume.

The indoor golf simulator market was measured at $1.3 billion in 2021 and is forecast to reach $3.3 billion in 2030.  The 10 year Industry CAGR is projected at 9.2%.  The increased interest in golf in general spurs the interest in indoor golf simulation to provide access to outstanding facilities any time of the day; regardless of the weather.  The increased golfing interest combined with the rapid population growth of Utah County and the Utah climate (limiting outdoor golfing opportunities for nearly half of the year)  makes for an amazing growth opportunity.

Reason for Selling:

Current owner is pursuing business interests out of state.

Additional Details:

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