Primary Category:Other Entertainment & Recreation Businesses for Sale
This Northern Nevada based Indoor Therapeutic Entertainment Business is a Nevada Limited Liability Company that has been in operation for the last almost 2 years. They offer a variety of indoor entertainment options that provide the perfect place to release tension as an individual or as a destination for groups and team building activities. These facilities provide a safe environment to release stress, have fun and enjoy a time out with friends, co-workers or family members! This is an absentee owned business. They currently have over 1,700 Google reviews with an average rating of 5 stars! This is a turnkey operation in an ideal location poised for scalability.
This business currently markets through its website and social media platforms. They also have a strong “word of mouth” following as well. They are also using SMS campaigns to help with growth. They have only been in operation for under 2 years, and they are growing quickly and are in a highly desirable location. The current business model is more family-friendly, and so they do not serve alcohol at the location. There is an opportunity to add alcohol to current business that could offer a significant upside opportunity through alcohol sales (already implemented successfully at other franchise locations), which can materially increase revenue and margins. Other growth opportunities include increasing weekday utilization, as well as expansion of corporate events and group bookings
Financial Information
$299,000
Asking Price
On request
Cash Flow
$500,000
Gross Revenue
Negotiable
Down Payment
Yes
Financing
On request
Adjusted EBITDA
Business Location
City:
Northern Nevada
State:Nevada
Financing Comments
Flexible seller financing available for qualified Buyers, including meaningful Seller participation for the right candidate. The actual amount offered for Seller financing will be dependent on offered purchase price and quality of the Buyer.
Reason for Sale
The reason for selling is Seller has a full-time role and does not have time to focus on the business.
Detailed information
Year Established:2024
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 2
Part-Time Employees:2
Contractors:N/A
Owner Worked Hours/w:5
Inventory Included: No
Inventory Value:
N/A
Monthly Rent:
$11,338
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 6637
FF&E Included?: Yes
FF&E Value: $85,000
Training/Support
Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There will also be training and support provided from the Franchisor.
Facilities
This business operates out of a newly refurbished 6,637 square foot space with base rent of $11,338 and monthly CAM charges of $5,432. Almost $1M was spent on the buildout and tenant improvements in the space. With the larger facility, then can accommodate large groups and corporate events (200+ capacity), providing strong potential for private events and high-margin bookings.
Market Outlook/Competition
This is a franchise model, and they were the 4th location in the United States and they have exclusive rights in a 20-mile radius. Today, there are over 100 locations signed up across the United States and 10 locations up and running, so this is a fast-growing franchise.
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