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Absentee-Owned Golf And Cocktail Business In Texas For Sale

Texas, US
Asking Price:
$799,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,374,318
Cash Flow:
$264,800

Indoor golf and cocktails with multiple locations is a winning combination!

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 2 additional locations of your choosing. And 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!

Property Information

Real Estate:

Lease

Premises Details:

This business opened in 2020 in the midst of the pandemic and proceeded to grow despite the effects of the pandemic. This shows how much people enjoy this chic cocktail lounge environment that affords them the chance to play sophisticated levels of golf in a comfortable setting.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Not enough time/ Focus on other activities

Trading hours:

M-R 10 am-10 pm, Fri-Su 10 am-12 am

Employees:
4
Years established:
2020

Other Information

Support & training:

2 Weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing Amount
$400.000,00
Owner Financing Interest
8.5%

Furniture / Fixtures value:
$600,000 - included in the asking price
Inventory / Stock value:
$35,000 - included in the asking price
Relocatable:
This business can be relocated