Recreational Park- Proven track record

Cabarrus County, NC

Park
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Asking Price: $769,000

Cash Flow: $68,059

Gross Revenue: $200,490

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $769,000

Established: N/A

Recreational Park- Proven track record

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Business Description

This recreation park has a proven track record for over 50 years. The park is located on 16 acres of land. The land is included in the sale, and also includes big swimming pool, water slides, Putt Putt golf, concession stand, picnic shelter, and new for 2018, RC "on road"racing tracks. The track is 633 feet in length with 19 turns. Four feet above ground drivers stand.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
7
Facilities:
Facility is well kept. Opportunity to add other venues as all 16 acres are not currently used. Suggestions for expansion have included Disc Golf, Par 3 golf course, Outdoor paintball, Zipline, batting cages, arcade, soccer fields, golf driving range, Pumpkin patch, haunted house, dirt bike tracks, drone/airplane tracks, and more.
Competition:
Company has been successful for over 50 years. Area of the state that is growing rapidly. Currently has 7 employees. Business is currently seasonal, except for the "on road" racing track, which is open year round. Other areas usually open late May through early September
Reason for Selling:
Change in business partnership
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(from currently available funds)
 
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Chris Lippard

Business Listed By:
Chris Lippard

Charlotte Business Brokers Inc

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Sponsoring Broker:
Tim Sweeney

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