Turn -Key Entertainment Facility NEW PRICE!!!!

Abilene, TX (Taylor County)

Turn -Key Entertainment Facility NEW PRICE!!!!
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Asking Price: Get Financing: $405,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $6,500 /Month

Established: 2016

Turn -Key Entertainment Facility NEW PRICE!!!!

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Business Description

Fast Growing Franchise

Large entertainment center at the busiest exit in Abilene, 15,500 sq ft used, classified as a restaurant, which includes 2400 sq ft lounge/bar with 54 ft custom bar, seating for 100, 6 flat screens and one large projector, 1600 sq ft gameroom with 2 flat screens, full kitchen, conference room, large office, and five 800 sq ft XGolf simulators with sofas, tables, tv. Everything in the building goes with sale. Building is 22,500 sq ft and 7000 sq ft upstairs is not being utilized currently and can be sub leased if desired as it has own address and two exits separate from downstairs. XGolf is growing rapidly;y, with 10 new openings last year and 20 more slated for this year.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
22,500
Lease Expiration:
1/1/2027
Employees:
11
Facilities:
All furniture, Bar, electronics etc are included in sale. Completely turn-key. This also includes the 5 XGolf simulators, which are the best in the world. Building is leased for $6,500 per month for entire 22,500 sq ft. Building owner will continue lease at same price for purchaser. Building can also be purchased for $1,250,000 on a 70,000 sq ft lot.
Competition:
Busiest exit in Abilene, large structure well known in community. Very little competition in this market.
Growth & Expansion:
Lounge/bar is underutilized and more focus on it would drive sales much higher. The addition of a small patio outside would also drive sales. A golf pro giving lessons is also popular at other XGolf's. Sub leasing upstairs would also generate income and drive more traffic.
Support & Training:
Very simple operation, will train on simulator maintenance. XGolf periodically comes in to do normal updates on machines.
Reason for Selling:
Owners have taken jobs outside of the business and want to sell ASAP
Franchise:
This business is an established franchise
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Business Listed By:
Michael Caldwell

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