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Successful Indoor Golf & Sports Bar

IA

Successful  Indoor Golf & Sports Bar for sale
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Asking Price: $278,000

Cash Flow: $86,774

Gross Revenue: $282,670

EBITDA: N/A

FF&E: $146,750

Inventory: $1,000

Rent: $4,400 /Month

Established: 2015

Successful Indoor Golf & Sports Bar

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Business Description

This successful indoor golf and sports bar for sale in Iowa has multiple state-of-the-art indoor golf simulators. The business is well designed to accommodate multiple large groups while they enjoy virtual golfing at many dozen nationally ranked courses. The simulators support both expert and beginning level players as they execute long drives or close range putts as well as league and tournament play over extended periods. The business also has a fully operational bar.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This location has approx. 3,000 square feet of space within a small strip mall located on a busy road for commuters. The space was rebuilt and modernized in 2015 and has indoor seating for approximately 60 customers.
Competition:
The business operates modern simulators at prices that are lower than many competitors.
Growth & Expansion:
Additional growth can be generated from increasing the number and type of golf league events through increased marketing efforts directed at dedicated golfers as well as events for casual golfers. Additionally, the business could expand into off-season events such as gaming or other activities utilizing the projectors and large simulator screens. A variety of in-house food options can also be sold in addition to the drink offerings.
Reason for Selling:
Owner downsizing business operations.
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Brad Dostal

Business Listed By:
Brad Dostal

Benchmark Business Group

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Sponsoring Broker:
Dennis Henderson

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