Step into a legendary Western entertainment property called Old Tucson featuring authentic frontier style buildings, saloons, dusty streets, kids' attractions, rides, restaurants, production ready backdrops, and expansive desert surroundings. This iconic destination offers endless potential for large scale events, festivals, rallies, concerts, film production, tourism, hospitality, and themed entertainment ventures. With a current capacity for 4,500 guests and parking for 1,700 vehicles, this facility was built for your imagination to run wild. Rich cinematic history, established infrastructure, and unmistakable Old West character make this a rare opportunity to own a truly one-of-a-kind attraction with decades of cultural significance and revenue potential. The property entertains over 100,000 guests annually and has an existing team in place that only needs your leadership and creativity to turn around the business. Sale price is valued at the current asset valuation. Business is not profitable and ownership wants to focus on other opportunities. Serious inquiries only.
- Asking Price:
- $1,500,000 Furniture / Fixtures included
- Sales Revenue:
- $5,000,000
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
$60k annually and 6% of sales
- Leasehold Rent:
-
$60,000 per annum
- Location:
-
Located between a beautiful National Park and local public lands, the property is isolated with no neighbors. Natural landscape, mountains, and beauty surround the property.
- Premises Details:
-
Property is made up of over 300 acres and 50 buildings. The buildings include multiple retail spaces, restaurants, restrooms, venues, attractions, maintenance and outdoor facilities. Most of the buildings have HVAC, power, and water with restaurants and bathrooms having grey/black tanks. The property is fed by a public well for water and all sewer is collected by multiple septic tanks. All permanent infrastructure and land is leased while non-permanent buildings and FF&E and owned by the operator.
- Size in square feet:
- Over 300 Acres with 50 buildings onsite.
- Planning Consent:
-
Planning and development support from the community and local leaders.
Business Operation
- Expansion Potential:
-
With the expansive acreage, multiple buildings, large amounts of power, and parking, many opportunities for expansion are possible. Hotels, concert venue, RV park, camping, rodeos, festival grounds, and many other ideas have already been discussed and supported by the local community.
- Competition / Market:
-
Limited competition in the area for this type of entertainment. Music/entertainment venues would be the only consideration.
- Reasons for selling:
-
Wanting to focus on our core business. Not turning around as fast as we desired.
- Trading hours:
-
Varies for events and the tourism season.
- Employees:
- 25 full-time and up to 200 seasonally
- Years established:
- 1939
Other Information
- Support & training:
-
90 Days for support and training
- Furniture / Fixtures value:
- $2,000,000 - included in the asking price
