| Asking Price |
$250,000 | Inventory |
$1,000* |
|---|---|---|---|
| Gross Income |
$120,000 | Real Estate |
$250,000* |
| Cash Flow |
$50,000 | Year Established | 1983 |
| FF&E |
$18,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
Established in the early 80's This well kept skating rink, has brought 2 gen's of families & friends to a place of fun & laughter. Located 20 miles east of Tupelo. in the town of Fulton, Miss. You have approx. 3,200 kids in the county. It did approx. $120k in 07 Gross. I am an absetee owner & have other businesss. This Rink : Owner operated or absentee will do great! Management in place with a solid buliding, plenty of kid's. Great community. This oppurtunity is one of a kind & should be considered. Last appraisal in 03 was $250k. Currently estimation is $$350k + the business!!! Great Real Estate invesrment, let the business pay for your property.
Facilities: All included: Full snack bar,skates,floor polisher,copier Movie projector, sound system, music,signage,arcade equipment(10 pieces+) inventory$1,000+ game supplies& prizes, ticket machine. Recently paved lot. Good condition
Competition: Only skating Rink in area. We have a bowling alley a few blocks away. We are next to a junior college & near the elementary school. Not much entertainment for 20 miles
Growth/Expansion: The building is 13,000 sq.ft. It is big enough to put a small movie theatre in 1 end. We are considering day camp this summer. Never been done here. This building is only used fri/sat currently for skating, it can be used weekly for day care/clubs/enior/etc. Many possibilities!
Financing: Shd qualify SBA with %10 dwn if not we,ll talk!
Support/Training: Management in place! If you need We will provide 2 weeks of training. (more if needed) Very simple busines to operate. Management is happy & honest people!
Reason Selling: Going to buy a bigger business, need the capitol.

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