Absentee-Owned Golf & Cocktail Business (Multi-Location Available

Asking Price$1,000,000

Cash Flow
$264,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,374,318

Inventory$35,000
Included in asking price
FF&E$600,000
Included in asking price
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Absentee-Owned Golf & Cocktail Business (Multi-Location Available


Asking Price$1,000,000

Cash Flow
$264,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,374,318

Inventory$35,000
Included in asking price
FF&E$600,000
Included in asking price

Seller Financing Available
Business Description
TRANSWORLD BUSINESS ADVISORS OF SOUTH & WEST TEXAS - LISTING REF # 76931-603486

Capitalize on the opportunity to own an established, profitable business in the burgeoning sports entertainment venue industry that o?ers lots of opportunities to scale into multiple locations! (Greater Houston Area)

This business blends a chic cocktail bar concept with advanced sports technology that allows participants to simulate a round of golf together all while in a highly desirable area of the city. Whether it is a couple out on a date night, a corporate event, or just about any other social gathering, this venue is a popular destination for people who enjoy socializing, playing golf,and having some cocktails to celebrate.

Currently, the business operates out of a location in the greater Houston area, but there is enough equipment (simulators, projectors, etc.,) included to open at least two additional locations of your choosing. If you wanted, you could use this concept to create your own franchise and sell franchises of the concept.

Given the popularity of this industry and the boundless opportunities for expansion, this opportunity will not last long. Reach out today to set up an initial call with the seller!
About the Business
Years in Operation
5
Currently Relocatable
Yes
Market Outlook / Competition
Popular brands such as Top Golf have demonstrated that people enjoy hitting golf balls and having a cocktail/ meal. This business capitalizes on that same concept without anywhere near the overhead required of those facilities.
Opportunities for Growth
This business can easily expand to additional locations, or an owner can decide to franchise the concept and sell franchises to others. There is also the potential to develop product sales and pro lessons as natural synergies to current operations. Can also use it as a way to boost a restaurant's catering sales if you already own a restaurant.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Not enough time/ Focus on other activities
Transition Support
2 Weeks
Financing Options
Owner Financing Amount $400.000,00 Owner Financing Interest 8.5%
Listing Info
ID
2411449
Listing Views
193

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Business Listed by: Chip Miller Transworld Business Advisors of South & West Texas

Listing ID: 2411449 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.