15 acres Amusement park/ Restaurant - bar ideal 1031 exchange

Ocean County, NJ

Seller Financing Available
Rides
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Asking Price: Get Financing: $5,500,000

Cash Flow: N/A

Gross Revenue: $3,300,000

EBITDA: $640,000

FF&E: $3,500,000

Inventory: $20,000

Real Estate: $5,500,000

Established: 2006

15 acres Amusement park/ Restaurant - bar ideal 1031 exchange

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Business Description

15 acres Amusement park/ Restaurant - bar ideal 1031 exchange

Exceptional meticulously maintained with 12. acres utilized , (2) two 18 hole miniature golf courses extensively landscaped , water falls , superior quality thru out.
Go Kart tracks (2) 1/4 mile x 25 Ft wide for larger cars, and as smaller one for 48inch riders or less .
Batting Cages (10) softball combo .
Full arcade and party room with new technology .
Rides, valued at over $750,000
Driving Range , 250 Yards, artificial turf , 50 ft high netting ,30 covered tees , 5 open tees, range is lighted for evening golf .
Aesthetically enhanced 8700 sq ft Restaurant_+ outdoor dining for 70 + full basement , building built in 2000 , refurbished in 2005 accommodates sports bar and restaurant(s) party Rooms .
Pro Shop and apartments two floors , built in 2000
Maintenance building 1300 sq ft built in 2000

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
17,000
Employees:
33pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full destination state of the art 250 Yard Driving range,two 18 holes miniatures golf courses , multiple1/4 mile go cart tracks,10 baseball cages and full service 8000 sq ft Restaurant /Bar . Five buildings including Arcade and pro shops .
Competition:
limited , very few such upscale destinations in central New Jersey
Growth & Expansion:
Ability to grow with multiple income streams, Arcade and party center generates traffic and income for all entities .
Financing:
possible to qualifed
Support & Training:
Will stay on and train as needed up to a year .
Reason for Selling:
Retirement 74 years young
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(from currently available funds)
 
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Thierry Smith

Business Listed By:
Thierry Smith

1st Jersey Commercial

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