Indoor golf with bar for sale.

Avon, OH (Lorain County)

Indoor golf with bar for sale.
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Asking Price: $150,000

Cash Flow: $150,000

Gross Revenue: $220,000

EBITDA: N/A

FF&E: $140,000

Inventory: $10,000*

Rent: $2,400 /Month

Established: 2013

*not included in asking price.

Indoor golf with bar for sale.

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Business Description

Indoor golf (winter)with bar/Gelato shop(summer)

Golf Zone was established in 2013, and grand opened in Oct. We own four of Golfzon machines including one with left-hand, which is LPGA's official training system and was ranked #1 accurate machine on Golf Digest magazine. We have about 200 hundred courses and great driving range with video replay and a lot of data and more. We created a very good revenue since the very first year. We are located at a hot high traffic spot with only $2400/month rent (water bill included) with a super nice landlord. We have full liquor license.
Because this is seasonal business, in 2016, we added Italian gelato shop on the side for summer whose rent is already included in the above. We built up really good reputation for gelato.
Our equipments include four Golf equipments, 4 commercial coolers, one double door commercial freezer, two gelato show cases, and one flash freezer that all paid off. Plus we have one Italian Carpagiani batch freezer and pasteurized for gelato with a few months lease left. We have some inventory for gelato too.
Our last year revenue is about $220,000.
For our personal reason, we have to go abroad this spring, that made us have to sell this gold pot in a really good price, $150,000+inventory and a few months lease for the machines.
If anyone is interested in this business, please let's know.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
www.golfzonepark.us
Competition:
All businesses have competitions. But when you own the best equipments, you don't have to worry about competitions around because machines talk itself. For Gelato, we didn't do any marketing since lack of labor. We make really delicious gelato, there are a lot of things to promote.
Growth & Expansion:
There is an extra room to expand golf simulation if you want to put more machines in. And Gelato has a lot of room to grow too.
Support & Training:
We offer training for both sections.
Reason for Selling:
Moving abroad.
Business Website:
http://golfzonepark.us
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Business Listed By:
James Lococo

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