Asking Price: $199,000

Cash flow: $21,000
Location: Saratoga County

 

Summary Description

This seasonal business offers indoor golf simulation, golf lessons through a partnership with area golf pros and golf league memberships. The four golf simulators offer an abundance of world class courses for virtual play. The software is continuously updated, free of charge, through the manufacturer via program downloads. The business also has an onsite bar (tavern wine license) and a concession area that serves quick snacks. This is a local, regional retail business with golfers travelling to play and practice.

General Information

Year Established: 2011

Employees: 1

Facilities: The company leases 2,750 sq. ft. of retail space in a highly visible strip mall. This is a destination business, much the same way that established golf courses are well known by the golfing community.

Market Outlook

Competition: There is no proximate competition for the company’s services. There are a number of other simulator companies that operate over a broad geographic range, employing varying quality standards of simulation equipment and rate pricing. This company offers mid-range equipment and pricing in a highly visible, easy access location.

Growth & Expansion: Operating with no business debt, the golf center makes nearly all of its income in a 6 to 7 month window, typically October thru April. There are additional opportunities to define the business with different branding in the summer months as a local gathering place. The landlord has expressed an interest in allowing expansion at the current location, to open a members only area, allowing another revenue stream with full service for members, including larger food offerings and a full bar. Multi-Sport simulators are also available to bridge winter and summer traffic.

About the Sale

Financing: The owner would prefer cash at closing, but may consider some financing for a qualified buyer.

Support/Training: The owner will remain for a negotiated term to train the Buyer in all aspects of the business operation.

Sale Objective: This is a personal move decision triggered by a job relocation of the owner’s wife to Los Angeles. The family will be relocating there.

 

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