The Business Journal reported in May 2006 that the owners of Springdale’s 130,000-SF All-Star Sports Arena would be expanding their operation by opening similar arenas in Memphis, central Arkansas, Kansas and Missouri.
Staff members at the arena said those plans are still in the works.
But while perusing BizBuySell.com, we noticed ASSA was for sale, with an asking price of $6.26 million. Included in that amount is $300,000 in furniture, fixtures and equipment and $4.8 million real estate value.
According to the business description, the arena features two soccer fields, a 0.2-mile track, several basketball or volleyball courts, daycare room, concessions area, 11,000-SF fitness center and “an experienced and loyal staff,” among other amenities.
In addition, the seller will provide one month of training at no extra cost.
Also included in the listing is the reason for selling: “Seller has several other business interests.”
If you’re in the market to buy a business, but owning a massive indoor sports arena isn’t your cup of tea (or a price tag north of $6 million is just a bit out of range) there’s another local listing on Biz-BuySell that might be a better fit.
An unnamed “successful locally owned hardware store located in a Northwest Arkansas town of over 15,000” is up for $1.73 million. The price includes $324,659 in FF&E, $675,600 worth of inventory and $650,000 in real estate value, which can be purchased separately from the business.
According to the listing, the business offers equipment rentals and repair in addition to the usual hardware and garden offerings. This has diversified the operation, which has prospered “despite the openings of Wal-Mart and Lowe’s within the market area.”
Reason for selling: “retirement and travel.”