Indoor Sports Facility

Business Plan & Deal Analysis

2000 Northfield Ct, Roswell, GA 30076

Research Phase

Property Overview

Total SF
52,631
Single floor
Warehouse
44,874
Usable for sports
Office
7,757
Existing build-out
Ceiling
24'
Clear height
Parking
~50
Expandable
Power
800A
277/480v
Doors
5
3 dock + 2 drive-in
Built
1992
Renovated 2018

Location: 1.5 mi to GA-400 | 11 mi to I-285 | Off Old Ellis Rd

Type: Industrial / Distribution | Class B | Term Negotiable

View LoopNet Listing

Proposed Space Layout

44,874 SF warehouse converts to premium indoor sports facility

INDOOR SOCCER FIELD
200' x 100' = 20,000 SF
Full-size 11v11 capable
Divisible to 2x 5v5 courts
BATTING CAGES
4 bays @ 70' x 14'
~4,000 SF
SOCCER SIMS
3 bays @ 20' x 25'
~1,500 SF
TRAINING AREA
Open turf + equipment
~10,000 SF
LOBBY / PRO SHOP
~2,000 SF

Note: 7,757 SF existing office space for lockers, restrooms, offices, party rooms

Space Allocation

Indoor Soccer Field 20,000 SF
Training Area 10,000 SF
Batting Cages (4) 4,000 SF
Soccer Simulators (3) 1,500 SF
Lobby / Pro Shop 2,000 SF
Circulation / Buffer 7,374 SF
Warehouse Total 44,874 SF
Office (existing) 7,757 SF

Revenue Streams

Indoor Soccer / Futsal

League play, pickup games, tournaments, birthday parties. Full field or split to 2 courts.

Field rentals: $200-350/hr | Leagues: $1,200/team/season

Training Programs

Youth & adult clinics, private coaching, team training, speed/agility camps

Group: $25-40/player | Private: $75-150/hr

Batting Cages (4 bays)

Baseball/softball hitting bays with HitTrax or similar tech, pitching machines

$40/30 min | $65/hr | Memberships available

Soccer Simulators (3 bays)

ICON or similar - shooting accuracy, passing drills, penalty kicks, 1v1 games

$50/hr per bay | League/tournament play

Memberships

Monthly/annual passes for open play, cage time, training area access, discounts

$79-149/mo individual | $199-299/mo family

Events / Parties

Birthday parties (huge in youth sports), corporate team building, tournaments

$350-500/party | $1,500-5,000/tournament

Financial Projections (Year 1 - Conservative)

Key Assumptions

Operating hours 6am-11pm (17 hrs/day)
Field utilization (avg) 40%
Cage utilization (avg) 35%
Simulator utilization 30%
Avg field rate $250/hr
Ramp-up period 6 months to steady state
Category Monthly Annual Notes
REVENUE
Field Rentals $35,700 $428,400 ~142 hrs/wk @ $250 avg (40% util)
League Fees $12,000 $144,000 40 teams/season x 3 seasons @ $1,200
Training Programs $8,000 $96,000 Clinics + privates
Batting Cages $9,800 $117,600 4 bays x 6 hrs/day x $55 avg (35%)
Soccer Simulators $4,500 $54,000 3 bays x 5 hrs/day x $50 (30%)
Memberships $10,000 $120,000 100 members @ $100 avg/mo
Events / Parties $6,000 $72,000 12 parties/mo @ $400 + 2 tourneys/yr
Pro Shop / Concessions $2,000 $24,000 Drinks, snacks, gear
Total Revenue $88,000 $1,056,000
EXPENSES
Rent (NNN @ $6/SF) $26,316 $315,786 52,631 SF x $6 (target rate)
NNN / CAM (est $2/SF) $8,772 $105,262 Taxes, insurance, maint
Utilities $6,000 $72,000 Electric heavy (lights, HVAC)
Insurance (GL + Sports) $3,500 $42,000 Sports facility premium
Payroll $18,000 $216,000 GM + 2 FT + 4 PT staff
Marketing $3,000 $36,000 Digital, youth sports ads
Equipment / Maintenance $2,500 $30,000 Turf, nets, machines, repairs
Software / POS / Booking $800 $9,600 eSoft Planner or similar
Credit Card Processing $2,640 $31,680 ~3% of revenue
Miscellaneous $1,500 $18,000 Supplies, misc
Total Expenses $73,028 $876,328
NET OPERATING INCOME $14,972 $179,672 17% margin

Revenue Sensitivity

  • At 50% field utilization: +$107K annual revenue → $287K NOI
  • At 60% field utilization: +$214K annual revenue → $394K NOI
  • Adding 50 more members: +$60K annual revenue
  • Year 2-3 target: 55% avg utilization with established leagues

Startup Costs (Build-Out)

Item Estimated Cost Notes
Turf Installation (35,000 SF) $350,000 $10/SF for quality sport turf w/ padding
Dasher Boards / Netting $85,000 Perimeter boards + overhead netting
Goals / Soccer Equipment $15,000 Goals, balls, pinnies, scoreboards
Batting Cage Systems (4) $100,000 $25K/bay with HitTrax tech
Soccer Simulators (3) $150,000 $50K/bay for ICON or similar
HVAC / Industrial Fans $50,000 Big-ass fans + spot cooling
LED Lighting Upgrade $75,000 Sports-grade LED throughout
Locker Room / Restroom Reno $40,000 Upgrade existing office space
Reception / Pro Shop $25,000 Counter, displays, POS, seating
Signage / Branding $20,000 Interior + monument sign
Permits / Fees / Architect $25,000 CO, fire, plans, inspections
Working Capital (6 mo) $150,000 Runway during ramp-up
Total Startup $1,085,000

Cost Reduction Options

  • Skip simulators initially: -$150K (add later when cash flowing)
  • 2 batting cages instead of 4: -$50K
  • Basic turf instead of premium: -$100K
  • Minimum viable build: ~$650K

Deal Strategy

Rent Analysis

Industrial rates in North Fulton typically run $8-12/SF NNN. For 52,631 SF that's $421K-$632K/year in base rent alone. Our model needs $6/SF or below to work.

Market rate ($10/SF) $526,310/yr
Target rate ($6/SF) $315,786/yr
Savings vs market $210,524/yr
Discount needed 40%

Target Base Rent

$6.00/SF/YR NNN - below market but justified by long-term commitment and build-out investment

= $315,786/year | $26,316/month

Lease Term

10-year initial with two 5-year options. Landlord gets stability, we amortize build-out.

Annual escalations: 2-2.5%

TI Allowance

Request $15-20/SF tenant improvement contribution ($790K-$1.05M)

Amortized into rent if needed

Free Rent

6-9 months for build-out + ramp-up. Critical for cash flow.

Value: $158K-$237K

Negotiation Leverage

  • 52K SF is hard to lease - limited tenant pool for this size
  • Distribution use is declining (e-commerce shift to smaller last-mile)
  • Building is 34 years old - not premium product
  • Available in 60 days suggests motivation
  • Sports facility = long-term tenant (don't move once built out)
  • Counter: Location is solid (near 400), parking is good

Market Analysis

Competition (20-mile radius)

Research Needed

  • Silverbacks Park (Suwanee) - outdoor, no direct competition
  • Soccer Pavilion (Lawrenceville) - indoor, ~15 mi east
  • Soccerzone (multiple) - closest indoor competitor
  • D1 Training - different model (training only)
  • Extra Innings - batting cage focused

Demographics

Roswell / Alpharetta / Johns Creek

  • High median income ($100K+)
  • Strong youth sports participation
  • Travel soccer/baseball culture
  • Limited indoor options nearby
  • Year-round demand (weather backup)

Next Steps

Action Items

  • Tour the space - verify ceiling height, column spacing (critical!), existing HVAC
  • Get asking rent from broker - establish baseline for negotiation
  • Get turf quotes (Shaw Sports, FieldTurf, AstroTurf)
  • Get batting cage quotes (ProMounds, On Deck Sports)
  • Research ICON soccer simulators - cost and franchise requirements
  • Talk to local youth soccer clubs (Concorde Fire, NASA, GA Rush) about facility needs
  • Check Roswell zoning for sports/recreation use in industrial
  • Draft LOI at $6/SF with $20/SF TI and 9 months free rent