Softball Plus was a 23 acre
Sports Complex in Spring, Texas. Facilities included: (4) Lighted Softball Fields,
(4) Lighted Beach Volleyball Courts, Video Arcade, Food & Beverage Concessions, Locker
Rooms with Showers, Picnic Area, Protected Children's Playground, Maintenance Facilities
and parking area.
The park was built by three
guys in 1990. I loaned them my front-end loader, dump truck and provided fill
material from my property in Waldenwood Subdivision to help with their construction.
Once it opened, I enrolled a team in league and tournament play. We named our
team, "Last Chance" because we expected to come in last. Our claim to fame
was drinking more beer than any other team!
In 1994 I was approached by
two of the guys, who built and owned the park. They were having a partnership
dispute with the other owner. They offered to give me their interest in the park.
A friend of mine, who played on my softball team, was looking for an investment
opportunity so I negotiated a buy-out of the third partner and a take-over of the SBA
financing on the park. My partner received a majority interest in the operating
company and I received an equal share in the real estate ownership. I ran the
day-to-day business for the first year and turned the business back around. When she
was ready to assume operational control, I handed everything over to her. Being more
of a hands-off manager, she relegated day-to-day operations to a subordinant and began
racking up the red ink. I negotiated a deal with another group to take over the
financing and got out of the deal with my credit in tact.
NATIONAL SOFTBALL ASSOCIATION'S
TOP 10 SOFTBALL PARKS IN THE U.S.A.