This is a profitable skating rink business located in a highly traveled corridor of Upstate South Carolina. The business generates significant profit from general skating, special events, and food and beverage sales. The real estate is located along a prime commercial corridor with Wal-Mart (across the street), Applebee's, Big Lots and many other well known national restaurant and retail concepts steps away. The location is prime for future redevelopment/ repositioning/ subdividing of the building for retail or medical office (a medical office campus is located immediately behind site). The site is approximately 2.46 acres (water and sewer with future extended capacities). A large back undeveloped portion of the site (approximately 1.3+/- acres) could be used to further enhance recreational opportunities (added revenue from batting cages, miniature golf, or additional parking for future retail/ building expansion). The building is approximately 20,250 sf and is in great condition. The owner recently added high end surveillance/ video equipment and parking is more than adequate (approximately 88 total parking spaces). Building also includes a large upstair apartment with a full bathroom (set up for fridge, stove, etc.) The right buyer could sell the building separate and rent/ lease back to reduce costs associated with the real estate. This would be great for a 1031 exchange or for someone looking for a fun and profitable business or investment opportunity.

Facilities: The sale includes the skating rink business, and the real estate which includes 2.47 +/- acres of prime commercial property. The building is approximately 20,250 sf. Items of interest included in the sale include significant volume of rental skates, food and beverage equipment, pool tables, furniture, and a recently added video surveillance system to name a few.

Competition: This business and real estate opportunity is located seconds off of a major interstate highway interchange and along a major commercial corridor. The business is the only skating rink located within 20+ miles and the only family recreation/entertainment venue in the immediate area.

Growth/Expansion: Revenues could be improved by scaling back the rink area (the rink area is currently one of the largest in the State of SC) and adding a couple of bowling lanes/ jumping inflatables for kids. Significant additional revenue could also be generated by adding a putt-putt course/ batting cages, etc. on the back 1.3 acres of the site. The food and beverage and video gaming component could be improved by adding additional food items and newer games/ redeemable prizes.

Support/Training: The owner will provide training and support as part of the sale for up to six weeks. Owner will provide traning and support beyond six weeks under a compensation agreement.

Reason Selling: Owner wants relocate /move on to new ventures.

This is a skating rink business and prime commercial real estate located in a well known, highly traveled 4 lane corridor of Spartanburg,  South Carolina. The business generates profit from general skating, special events, and food and beverage sales. The site is located approximately 2.5 miles east of downtown Spartanburg (via Pine Street). The location is prime for future redevelopment/ repositioning/ subdividing of the building for retail, distribution, or climate controlled storage, or expanding the recreational opportunities of the site (adding putt-putt, batting cages, etc).   The site is approximately 2.59 acres with 300+/- feet of road frontage along the front (Pine Street) and 330+/- of road frontage on the rear (Lanford Street) making it ideal for rear access.  A large back, undeveloped portion of the site (approximately 1.0+/- acres) could be used to further enhance recreational opportunities (added revenue from batting cages, miniature golf, or additional parking for future retail/ building expansion). The building is approximately 20,194 sf and is in great condition.

The brick façade and storefront at the entry allow for easy transition for a variety of uses should owner decide not to continue use as a skating rink. This is an ideal investment opportunity for the right buyer interested in income generation or an existing profitable business with real estate.  Revenues of the rink could be expanded by adding additional games, and a putt-putt or batting cage component in the rear. This property may be of interest for a possible future ice rink conversion or shooting range. A recent full appraisal of the property has been performed.

Regional Location:
Spartanburg’s international business community, with more than 100 foreign firms representing 20 countries had put the city and Spartanburg County on the map as an internationally recognized business and cultural center. Spartanburg County also boasts the highest per capita international investment in the country, according to The New York Times.  Spartanburg County offer all the amenities and opportunities any community can hope for in the way of housing, education, health care, shopping, recreation, and culture.  Money Magazine has called Spartanburg one of the “Four Booming Locales Where You Can Find a Job and Live Easy”. The immediate location along Pine Street is ideal for a distribution redevelopment scenario. Major interstates including I-26 and I-85 are just several miles away.