Seller's Contact Information
- RE: Miniature Golf Course High Traffic Tourism Area
- Contact: Carey Sobel
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $469,276 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $68,131 | |
Total Debt: | Not Disclosed | |
FF&E: | $15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 6 | |
BBN Listing #: | 752135435 | |
Broker Reference #: | 4110-00324 |
Business Overview:
This miniature golf course is located in a predominately tourist-based Central Florida area and is family owned and mostly absentee-operated.
Sales remain consistent year-round due to the number of nearby hotels and attractions. There are two courses available for play, and the business offers group discounts and birthday parties. They advertise with Groupon and other tourist-oriented advertising publications, and have a GM in place that runs the operations of the business.
Ownership has made significant upgrades to the facility including (but not limited to) replacing all exterior lighting (upgraded to LEDs), replaced the main waterfall pump with digital control, renovated the bathrooms, replaced all decks, and converted the former arcade into an air-conditioned party room with custom furniture for events. Ownership also plans to re-turf the entire course in the near future.
Owners of the business also own the Real Estate and will be the Landlord to an incoming Buyer. This business is perfect for an owner-operator with a growth mindset.
Inventory Included: $1,500
Leasehold Improvements Included: $1,080,000
FF&E Included: $15,000
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Property Features and Assets:
Located in a waterfront plaza with 28 designated parking spaces.
Reason for Selling:
The seller is ready to pursue other business interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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