Listing Details - Golf Dome

Golf Dome (Amusement/Recreation; Health/Fitness/Safety)

West Warwick - Rhode Island, Kent

Seller Financing: No
Lender Pre-Qualified: No
Listing ID: 68468
Status: Active

Listing Details

Listed Price: $1,995,000
Down Payment:
Total Sales:
SDE:
EBIT:
EBITDA:
FFE: $18,450 Included? Yes
Real Estate: $1,995,000 Included? Yes
Inventory: Included?
A/R: Included?
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Contact Information
ROI Corporation
549 Columbian St Suite 200
Weymouth Massachusetts 02190
Office: 781.682.6209
Fax: 781.682.6217
Email: grayberg@roibusinessbrokers.com
www.roibusinessbrokers.com
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Reason for Sale:

Retirement

Training:

As needed for a smooth transition.

Financing Terms:

 

Operations

Year Established:
Last Acquired:
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: / Part Time:
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities:

Golf Dome is 63,917 sq/ft, 300 ft deep and 75 ft high, two-level, 56 hitting bays, two putting greens, chipping and sand trap areas. Also includes attached concrete building with 4,500 sq/ft of retail, restaurant, or office space.



Summary

Business Description:

New England's finest indoor golf facility. Situated on five acres of land in Rhode Island's busiest location, this well established Dome is popular year round. Included is also 4,500 sq/ft of retail, office or restaurant space. Popular spot for beginners, juniors, seniors and professionals to improve their game. Professional instruction always available.



Historical Summary:

 

Owner Qualifications:

 

Competition:

Only Golf Dome in New England which attracts golfers from 1 1/2 hour radius and sometimes beyond.

Potential Growth:

Virtually unlimited opportunity. Could be retrofitted as a full service recreation center offering indoor softball, lacrosse, soccer, volleyball, flag football, etc. with leagues and clinics. Could add virtual golf simulators, pro shop, fitness center, etc.