42,000 Foot Recreational Sports Facility For Sale

Business description

An excellent Sports amusement center located in a large, major city of Middlesex County, New Jersey. The center offers a complete menu of sports training and specializes in all activities including Baseball & Basketball, with clinics and leagues for children of all ages. The facility is 42,000 square feet and is in a most prime area. The business also provides private parties for children activities. The center is two years young and has the finest basketball / baseball equipment which aids in the training and teaching. Due to community demand, the center recently introduced cricket and badminton with substantial success. The center frequently has Major League players visit the site to help motivate the trainees. There is transportation available for the children from their schools to the business site. The Center also serves as a tournament hosting site for several State basketball programs. Although this is a fairly new business, it has tripled in sales during the past year and expects to continue growing with all these new programs. The present owner must sell due to illness and will supply a full training period to a new owner.

Property information

Real Estate:

Lease

Lease terms:

An existing twenty four year lease is available for transfer.

Location:

Faciltiy consists of 42,000 square feet setup for all activities and ample parking is available onsite. A private party room and an office is also available.

Other information

Expansion potential:

With continued marketing the business will continue to develop.

Competition / Market:

No other similar competitors exist in the area. This is a most unique facility and a perfect location.

Support & training:

Seller will provide a full due diligence and transitional period.

Reasons for selling:

Health

Trading hours:

Mon-Fri 4:00pm-10:00pm & Sat-Sun 10:00am-5:00pm

Financing available:

Seller will finance the business to a qualified purchaser.

Furniture / Fixtures value:

$275,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)

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