Under Contract! 18-Hole Miniature Golf & Ice Cream Business along with Real Estate (2 apartments & 2 commercial spaces)

Description

An incredible opportunity to own and operate two seasonal businesses with additional year round rental income, in one of the most desirable lake front communities.  The property has two apartments and two commercial spaces which are fully leased, and an ice cream shop and 18-hole miniature golf course. The miniature golf course and ice cream shop were built in 2008 and is one of the most desirable small “fun centers” on the lake.

Business & Real Estate: $599,900

Revenues: $83,189

Furniture, Fixtures, & Equipment (FF&E): Included in price and on request

Inventory: N/A

EBITDA: $35,095 

Facilities: The building and businesses are located on 0.46 acres of prime real estate directly across the street from Lake Winnipesaukee. The building has 3608 SF living area to include: Mini Golf/Ice Cream inside area; 839 SF commercial space (US Post Office); 300 SF+/- small second store (Paddle Board shop); a 2 BR apartment and a 1 BR apartment.   The18-hole Mini Golf course was built in 2008, along with a 120 SF Gazebo. There are 16 designated parking spaces with plenty of additional public parking nearby.

Competition: There is one other smaller miniature golf course nearby and a few ice cream shops. 

Growth & Expansion: The Seller has done little marketing; an increase in spending to create awareness with tourists could yield significant results. Seller has been absent allowing employees to run the business; an owner operator could save on staffing and create a face for the business. Residential tenants are leasing at below current market rates.

Support & Training: Seller is willing to stay on to assist in support and training

Reason for Selling: Distance from his home

Jays 2Jays arielJay's Mini Golf Alton Bay NHJay's mini golf from back of green

 


Location