Property Listing No Longer Available for Sale

1595 Grand Ave, Billings, MT

Others for Sale - $1,400,000


Property Info

CIMLS#1170195
Location
  1595 Grand Ave
  Billings MT 59102
UpdatedJanuary 7th, 2025
TypeOthers
Price$1,400,000

Property Description

Because Owning a Business Should be Fun AND Profitable

An exciting opportunity awaits in Billings, Montana! Let’s Glow Putt is the area's only indoor, 3D, blacklight, pirate-themed mini golf course and arcade. This brand-new business spans 4,500 square feet and offers limitless potential for growth in the booming leisure and entertainment industry.

Key Features

1. Unique Attraction: 18-hole mini golf course, meticulously designed and professionally installed.

2. Modern Amenities: All-new arcade machines (fully owned, not leased) & party room and reception desk.

3. Turn Key: $600,000 invested in the build-out and installation.

Financial Highlights

1. First-year success: $700,000 net profit.

2. Peak months with over $100,000 in net profits.

3. Low overhead costs for high-profit potential. 4. Gross Revenue: $932,515 and EBITDA: $731,299

Growth Opportunities

The business is primed for expansion with minimal marketing efforts currently in place. A savvy buyer could implement the following strategies to maximize profitability:

1. Community Engagement:

*Host corporate events, private parties, and fundraisers.

*Partner with schools, PTOs, and local organizations for field trips and events.

2. Customer Loyalty Programs:

*Launch electronic loyalty programs or membership plans (monthly/yearly).

*Introduce student nights (Billings has 5 high schools and 2 colleges).

3. Expanded Services:

*Offer beer, wine, and food (high demand from current customers).

*Develop holiday, summer, or winter camps for children.

4. Franchise Opportunities:

*Use the established framework to open additional locations or franchise.

Market Advantages

1. Appeals to a wide demographic: families, children, young adults, and corporate groups.

2. Growing demand for family-focused entertainment.

3. Flexibility to adapt with market trends and seasonal themes.

Why Invest?

Owning Let’s Glow Putt offers the chance to build on a solid foundation in a lucrative industry. With community focus, innovative growth strategies, and a commitment to fun, this business is ready to soar.

Seize this opportunity to lead Billings’ premier entertainment venue and take it to new heights!


Financials



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