All Star Sports Arena – Indoor Sports Complex in Central U.S.
| Asking Price: | $4,750,000 | Inventory: | |
| Gross Revenue: | $1,158,754 | Real Estate: | $4,800,000 ++ |
| Cash Flow: | $365,363 | FF&E: | $300,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
130,000 Square Foot Facility – Unlimited Opportunity for Growth! – Minutes from University of Arkansas
Synergy Business Services is proud to represent the sale of All Star Sports Arena. Located in one of the best performing and fastest growing economies in the country, this indoor sports complex caters to youth and adult recreational leagues, and competitive amateur athletes who are taking their game to the next level. ASSA draws over half a million people a year to its facility, and brought in over $16M to the city of Springdale alone in 2006. As an added bonus, its designation as a Destination under the Arkansas Tourism Act allows the business to qualify for exempt status from most sales tax.
Established in 2004, the primary focus of ASSA is basketball, volleyball and soccer. Its main sources of revenue are from leagues, camps and tournaments that involve these sports. In addition, ASSA has a complete fitness center, gaming arcade, aerobics studio, concession area and day care. Approximately 10% of the space is currently leased, with enormous opportunity to lease out additional space. Additional revenue streams include sponsorship and advertising, and facility rental.
Conveniently situated in the geographic center of North America, ASSA’s location in Northwest Arkansas is ideal for hosting state, regional and national tournaments. The facility is just minutes from the University of Arkansas, and is adjacent to the largest church in the state. It currently hosts of “The Real Deal on the Hill” college basketball scouting event, and is quickly becoming a favorite amongst coaches and scouts. A 1/5-mile indoor track is located directly above six basketball courts, offering an incredible bird’s-eye view of the action below. This business offers an experienced buyer the opportunity to own what is already a popular regional destination and turn it into a national landmark for amateur athletics.
Synergy Business Services is proud to represent the sale of All Star Sports Arena. Located in one of the best performing and fastest growing economies in the country, this indoor sports complex caters to youth and adult recreational leagues, and competitive amateur athletes who are taking their game to the next level. ASSA draws over half a million people a year to its facility, and brought in over $16M to the city of Springdale alone in 2006. As an added bonus, its designation as a Destination under the Arkansas Tourism Act allows the business to qualify for exempt status from most sales tax.
Established in 2004, the primary focus of ASSA is basketball, volleyball and soccer. Its main sources of revenue are from leagues, camps and tournaments that involve these sports. In addition, ASSA has a complete fitness center, gaming arcade, aerobics studio, concession area and day care. Approximately 10% of the space is currently leased, with enormous opportunity to lease out additional space. Additional revenue streams include sponsorship and advertising, and facility rental.
Conveniently situated in the geographic center of North America, ASSA’s location in Northwest Arkansas is ideal for hosting state, regional and national tournaments. The facility is just minutes from the University of Arkansas, and is adjacent to the largest church in the state. It currently hosts of “The Real Deal on the Hill” college basketball scouting event, and is quickly becoming a favorite amongst coaches and scouts. A 1/5-mile indoor track is located directly above six basketball courts, offering an incredible bird’s-eye view of the action below. This business offers an experienced buyer the opportunity to own what is already a popular regional destination and turn it into a national landmark for amateur athletics.
About the Business
Year Established:2004
Employees:7 full time - 30 part time
Facilities:The 130,000 sqft. building sits on 7 acres, and has been recognized by several energy trade publications for its energy efficient design. The entire facility runs on 600-amp service! Inside the venue are 8 basketball courts or 9 volleyball courts, 2 indoor soccer fields with Field turf, an 11,000 sqft. complete fitness center, gaming arcade, concession stand with service area, 1/5-mile indoor track, day care room, aerobics/spinning studio and 2,000 sqft. owner’s quarters with private entrance. Approximately 10% of the space is leased out for the following activities: dance, martial arts, gymnastics/cheer, golf, personal trainer and physical therapy. The main parking lot has 284 spaces, with room for overflow in the adjacent church parking lot. The real estate was professionally appraised in 2005 at $4.8M.
Market Outlook and Competition:Competition: There are only a handful of facilities like All Star Sports Arena located throughout the country. The closest venue of this kind is in Dallas, TX. Growth/Expansion: This business truly has unlimited opportunity for growth. The facility and its location in the central southern U.S. make it ideal for hosting state, regional and national tournaments (i.e. AAU Nationals, BCI Nationals, MAYB Nationals). Its unique configuration with the indoor track overlooking six basketball courts also makes ASSA ideal for college scouting events. ASSA could be home to any number and kind of sporting tournaments – from chess to dog shows – or sports related trade shows (hunting, fishing, camping, etc.) There is also an opportunity to bring in additional revenue from retail sales (e.g. pro shop), expanded sponsorship and advertising programs, batting practice, football practice, lessons, camps and private events. Northwest Arkansas: If you’ve never heard of Northwest Arkansas, we have one word for you – Walmart! In fact, several Fortune 500 companies call NWA home, including Tyson Foods, J.B. Hunt Transport, and the largest retailer in the world. Walmart was recently named the most valuable retail brand in the U.S., and is largely responsible for NWA being thrust into the business s
About the Sale
Reason For Selling:Seller has several other business interests.
Seller Financing:Negotiable to qualified buyer
Attached Files - Attachment Disclaimer
 | Confidentiality Agmt. - Confidentiality Agreement - #1147NWA | ||
| Buyer Interview - Buyer Interview Worksheet - #1147NWA | ||
| Buyer's Agency - Buyer's Agency Acknowledgment - #1147NWA | ||
| Seller Profile - Seller Profile - #1147NWA |
KEYWORDS: Ozark, Ozarks, uofa, U of A, university of Arkansas, walmart, wal-mart, Tyson, Tyson foods, Arkansas, northwest Arkansas, NWA, J.B. Hunt, recession proof, recession resistant, growth, good economy, profitable, Bella Vista, Bentonville, Springdale, Fayetteville, Rogers, white collar, Razorback, Razorbacks, Crystal Bridges, Walton, Sam Walton, Waltons, acquisition, portfolio, XNA, basketball, volleyball, soccer, indoor soccer, NCAA, high school sports, recruiting
Sell Your Business | This listing has been viewed 677 times
advertisement
 |  | ||||
| |||||
 |  | ||||
| | |
|
Recommended Resources
Sponsored Links
| ||
| |
| | |
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||
| |
