Hampton Roads Music Venue And Indoor Skate Park For Sale

Business description

PRIME INVESTMENT OPPORTUNITY FOR AN UP AND COMING MUSIC VENUE/ INDOOR SKATE PARK!

Established in 2009, this is a 10,000 square foot indoor skating facility and Music venue with multiple profit centers. The Facility includes a diverse terrain skate area, a pro-shop for tune-ups and repairs, concession area, and arcade area. The entire facility is converted to a venue on show nights. In 2010, the attendance was over 10K customers strictly for the skate park. They have 78 yearly memberships on record.

The Seller wishes to stay on with the business in some capacity as he has started this from scratch and it is his dream project. Due to regulations imposed by the City, the Seller must implement a fire alarm system in order to continue operating as a music venue, which is the more lucrative half of the business.

This is an ideal opportunity for an investor/partner to engage in an up an coming business with local notoriety already in-place. The investor can be absentee and the return will exceed interest gained if the money was left in the bank.

please contact FOUAD MOHIT for more information on this investment opportunity

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Property information

Real Estate:

Lease

Premises details:

10000 sq ft sq ft, $6734.00

Other information

Reasons for selling:

The Seller looking for an Investor/Partner

Trading hours:

Days: Tues through Sun, Hours: By Appointment

Financing available:

Downpayment Required: $25,000
Financing is Available

Furniture / Fixtures value:

$150,000 (included in the asking price)