Wake Zone Water Park in Western Colorado

Unique Water Park in Western Colorado

Wake Zone Water Park in Western Colorado

Unique Water Park in Western Colorado

Wake Zone Water Park in Western Colorado

Price: $2,175,000

Location: Grand Junction

Industry: Arts, Entertainment, and Recreation

Listing ID: 45371936
DESCRIPTION

Imondi Wake Zone has consistently won awards and recognition since its establishment. Cable operated wake-boarding, water-skiing, and knee-boarding provide a way for families and kids to participate in these towed water-sports, all without the use of a boat. All equipment used by customers in the park is available for sale, or use at reasonable rental rates. Cable Tow Systems are environmentally friendly, as they use just a small electric motor that powers the system. This system can tow up to 7 riders at a time to experience wake-boarding, water-skiing, and knee-boarding.
The Real Estate is not part of the listing price but is available for purchase. The Sellers desire to sell the Real Estate with the business, but will lease the property to the right buyer.

LISTING DETAILS
Total Sales:

Seller’s Discretionary Earnings (SDE): $135,000

FFE: $1,191,800

Reason For Sale:

Owners wish to open similar parks in other regions of the United States.

OPERATION
Year Established: 2017
Employees: 12

LOCATION

Square Footage: 1056

Facilities Information:

The company's facility consists of a 4.13-acre property with a 1056 sq ft building, parking lot and other amenities and is owned by the Business. This property connects directly to a 30 acre lake owned by and leased from the city of Fruita. The company operates a retail Pro Shop in the building and maintains a guest picnic area, volleyball court, and parking area. The Pro Shop property utilizes 30% of the available retail space, and there is a 2-acre vacant parcel ready for expansion.

SUMMARY

Competition:

Imondi Wake Zone does not have overall direct local or regional competition. The inflatable Aqua Park Section has some competition in hosting birthday and group parties, although competitors are not as involved in the water-based outdoor activities offered by this Business.

Potential Growth:

This Business would benefit from creating a regional program advertising the Cable Park's features. Expansion of marketing efforts into the nearby ski resort areas, to target ski and snowboard enthusiasts, would certainly bring a more diverse guest roster to the cable park. Many of the parks' activities are similar to those experienced in the winter snow season. The addition of a restaurant and eatery would entice guests to spend the full day at the Imondi Wake Zone.

Unique Water Park in Western Colorado

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Kevin Brooks

Phone: 9702169288
  • Hidden
  • Hidden