Golf Simulation company with Two Locations
Entertainment & Recreation Businesses for Sale
- Primary Category: Other Entertainment & Recreation Businesses for Sale
This is a golf simulation company that appeals to serious golfers who want to get their swings in year-round, as well as to groups looking for a fun outing with family, friends, or coworkers. There are two locations, plus spare equipment and supplies to help start a third location or to maintain the existing two in a nearby storage unit. The business requires very little of the owner’s time, approximately 0-8 hours per week currently. A manager is in place who handles day-to-day operations at both locations, supported by twelve part-time golf attendants. Lessons are offered through independent golf instructors who book directly with customers and rent discounted bay time. Brand assets, logos, and names are protected by trademarks through the USPTO. The customer email list has more than 7,000 contacts, and the sale includes an inventory of branded marketing merchandise and golf merchandise (clubs, bags, gloves, balls, apparel, and accessories).
One location, in the affluent Lake Norman corridor north of Charlotte, is 2,581 sq. ft. and features four spacious semi-private bays equipped with EYE XO simulator technology from Uneekor. Players can also utilize GSPro to choose from more than 2,700 real-world courses, fantasy courses, challenges and ranges, and mini-golf and themed youth courses. Each oversized bay comfortably accommodates several golfers and guests of all skill levels. Additionally, this facility serves as a home base for scholastic and junior golf squads in the area, and is their main practice facility.
Corporate and personal events are also welcome. There is a relaxed social space with a bar offering beer, wine, and snacks, and partner restaurants deliver hot food with a waived delivery fee. Base rent is $5,146.78 per month plus TICAM of approximately $777.26, for a total of about $5,924 per month. The current lease term runs through February 28, 2027. The landlord has indicated willingness to renew.
The second location is in the southeastern Charlotte metro area corridor and is about 1,066 sq. ft. with three spacious semi-private golf bays equipped with EYE XO2 overhead launch monitors from Uneekor. It operates under a license agreement at $1,250 per month plus $100 for CAM and utilities, for a total of $1,350 per month. The current term runs through September 30, 2027, with an option to extend through
September 30, 2028 at $1,417.50 per month. The business has a long-standing, good relationship with the host facility.
Revenue comes from bay rentals, corporate and private events, food and beverage, lesson bay rentals, branded merchandise, and used golf equipment resale.
Financial Information
- $475,000 Asking Price
- $43,040 Cash Flow
- $455,958 Gross Revenue
- On request Down Payment
- N/A Adjusted EBITDA
Business Location
- City: Charlotte
- State: North Carolina
Reason for Sale
- Business Travel & Personal Responsibilities
Detailed information
- Year Established: 2023
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: 12
- Contractors: N/A
- Owner Worked Hours/w: 8
- Inventory Included: Yes
- Inventory Value: On request
- Monthly Rent: $7,274
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- The owner is willing to assist the new owner with the transition and training, and to discuss his ideas for future growth and cost-saving strategies.
Facilities
- Two Locations in the Charlotte DMA, home to over 3.4 million residents. Both the primary lease contract and secondary license arrangement are expected to transfer to the purchasing entity, subject to landlord and licensor approval. Charlotte is also a top-25 U.S. Golf Market (National Golf Foundation) and is top-5 in recent growth in the nation, adding roughly 150 new residents daily.
Business Listed by
Bill Law
Sunbelt of CharlotteContact Business Broker
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