Fun, Profitable, Family Entertainment Business
Entertainment & Recreation Businesses for Sale
- Primary Category: Other Entertainment & Recreation Businesses for Sale
Fun, profitable family entertainment business with room to grow. This family entertainment business in Central North Carolina, in the Piedmont Triad geographic area, is available for sale and has room to grow. The business is profitable, both as an owner-operated business or with semi-absentee ownership as presently done.
The business provides fun, family entertainment for parties, groups and individuals, including church groups, school groups, and day care groups, The location is excellent, with good visibility and convenient access and the business enjoys a below market rent.
The business is run on an absentee basis by the current owner who spends a few hours there once every 1 to 2 weeks. Excellent employees in place provide an opportunity for a new owner to also operate the business in this manner. The current owner does minimal marketing and there is room for substantial growth with additional marketing efforts. As an entertainment center, operating hours are limited to primarily evenings and weekends.
This is an excellent opportunity to own a successful business that is easy to manage and run, with potential for additional growth. For more information, contact the broker Shanon Madrid at [email protected] or 919-624-9275.
Financial Information
- $195,000 Asking Price
- $60,000 Cash Flow
- $200,327 Gross Revenue
- Yes Financing
Business Location
- City: Piedmont Triad
- State: North Carolina
Financing Comments
- Seller will consider a note for highly qualified buyer.
Reason for Sale
- Secondary business is taking up too much time.
Detailed information
- Year Established: 2003
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: 10
- Contractors: N/A
- Owner Worked Hours/w: 8
- Inventory Included: Yes
- Inventory Value: $3,000
- Monthly Rent: $3,667
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 8000
- FF&E Included?: Yes
- FF&E Value: $100,000
Training/Support
- Owner a manager will transition as needed. Manager would like to stay of for an additional 90 days and may consider a part time basis.
Facilities
- 8500 square foot facility in strip center. Consists of primary open space, arcade game space, and 3 separate party rooms (1 glow room)
Market Outlook/Competition
- This business is in a growing community with no competition in the area of it kind. The customer base is highly loyal as evidenced by their 20 year continuous history.
Business Listed by
Shanon Madrid
Sunbelt of DurhamContact Business Broker
"*" indicates required fields