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Indoor Mini Golf / Arcade & Family Fun Center

Blue Ridge, GA (Fannin County)

Location (2nd Story)
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Asking Price: $145,000

Cash Flow: $26,000

Gross Revenue: $100,000

EBITDA: $28,000

FF&E: $85,000

Inventory: $300

Rent: $2,950 /Month

Established: 2018

Indoor Mini Golf / Arcade & Family Fun Center

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Business Description

Indoor Mini Golf Arcade & Family Fun Center

North Georgia's only Indoor Mini Golf Arcade and Family Fun Center located in Downtown Blue Ridge GA . This unique and challenging Indoor 18 hole mini-golf concept features a variety of themes throughout 9 rooms. In between our themed rooms are games that guests can play as they move through the course. We offer everything from giant tic-tac-toe, magnetic darts, and checkers, to larger than life Connect Four Game and more! We also have an arcade that includes, Pac Man, Target Shooting, Race Car, Air Hockey and more. Drinks, and ice cream are available. Great for all types of parties and family get-togethers.

The exciting part of this concepts is that 2nd Story Entertainment is located in a 105 year old building still know as the Gartrell Building once called the "Gartrell Hotel". The original flooring and Rooms still exist and our golf course weaves in and out of 9 different rooms creating a one of a kind Indoor Mini-Golf Experience. Must be seen and played to really appreciate.

Detailed Information

Location:
Blue Ridge, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
12/31/2023
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
New Owner of the building as of March 2019. We have created very equitable lease arrangement through December 31, 2023 with extensions through 2026. This lease agreement is fully transferable. Assets included - furnishings, decorations, signage (indoor and out) computers, cash register, all goods associated in operating the business. A truly turn-key sales. There are 5 items the owner has in the business that will remain his property, they are 3 special Golf Towels, a PGA Clock, and Jack Daniels Barrel. Value of all assets exceed $85,000.
Competition:
Only Indoor Mini-Golf - Arcade and Family Fun Center in North GA. 2 other outdoor mini golf course are located within Blue Ridge Area. One approx. 2 miles away and the other approx. 8 miles away. Key to our operation we are located in the center of Downtown Blue Ridge above one of the most popular restaurants in the area and we are directly across from the Blue Ridge Scenic Railroad Depot.
Growth & Expansion:
Our first 12 months we served over 9500 customers and we are planning for a 10 to 20% increase for the next 5 years. See reviews on Google, Facebook, and Trip Advisor.
Support & Training:
Will Support new owner as needed with training for up to 30 days from the date of sale. Current employees (1 - Full time OWNER) and (3 part time who are willing to remain).
Reason for Selling:
Age and Health
Business Website:
http://www.2ndstoryentertainment.com
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Business Listed By:
William Szarowicz

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