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Golf Simulator Lounge-NOW with 24hr Self Entry Keypad Access

Sarasota, FL

Seller Financing Available

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Asking Price:$199,000
Gross Revenue:$240,000
Established Year:2022
Cash Flow:$112,000
FF&E:$150,000
Listing ID: 2223800Listing provided by BizBuySell
BUSINESS DESCRIPTION

Golf Simulation Lounge-Seller willing to stay on as Golf Coach

MAKE AN OFFER!! PRICE REDUCED from $249K to $199K-SELLER FINANCE!! Golf Simulator Lounge with 24hr Self-Entry Keypad Access. November 2024 "membership" has grown and continues to rise sharply. This established business brings together America's two favorite pastimes: the game of golf and the consumption of wine & beer. What more could one ask for? The seller has a monthly membership program that incorporates a keyfob system for after-hour member access on nights and weekends. The owner, who is a certified professional golf instructor, will continue to stay on as a trainer & coach if the Buyer wants. Seller will also provide partial Seller Finance to the right Buyer.

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DETAILED INFORMATION
Location
Sarasota, FL
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility has a Wine and Beer[2COP LICENSE] Bar with complete bar counter. Separately, there is an entire area for golf simulation where customers come in by appointment for private lessons as well as for self-practice. The store sells some golf accessories such as gloves, club grips, and more.
Competition
No notable competition within a 5-mile proximity of the Facility. However, there is a massive increase in residential development and a rapidly increasing population in the surrounding areas.
Growth & Expansion
There is a tremendous opportunity for a Buyer to sell Golf apparel including tee-shirts and hats. Also, there is a market to sell golf clubs and a wide variety of golf products which can be "drop- shipped" directly to the customer's home from a 3nd part wholesaler. Implementing a full-service kitchen, liquor license, and or food trucks are all viable options for expansion as well.
Financing
Seller will finance with $149,000 down and the balance at reasonable terms. Will not
Support & Training
The owner will stay on for 2 weeks FREE of charge and even longer IF THE BUYER WANTS, but must negotiate a mutually agreeable compensation after the 2-week transition period expires.
Reason for Selling
The seller originally was working in the store 75-80 hours a week and missed out
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Burke
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Jack Burke
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