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Growing Entertainment Group (Bingo, Food, and Arcade) with $256,302 Cash Flow
Location: United States -> Florida
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This Entertainment Group has grown steadily for more than ten profitable years at a prime location in a large metropolitan area of the East coast of Florida. It is poised to take advantage of available space for a major expansion and large revenue increase. The current owner runs the company successfully with total dedication to customer service but wants to retire after many busy years. The seasoned management team is expected to stay on with the new owner. Florida is currently one of the fastest growing states and is a major retirement objective for tens of thousands of Americans (Many of these are bingo and arcade players). This is your opportunity to acquire the ''Florida Lifestyle'' of palm trees and beaches, great restaurants and entertainment, while enjoying the growth and profits of this strong business group. Foreign buyer will likely qualify for permanent resident (green card) status under Sec. 203(b)(5), INA 8 USC, §1153(b)(5).


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $5,000,000
Cash Flow:   $256,302
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1993
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  owner will train new owner
Reason For Selling:  owner wants to retire




Print Listing Id: 7005178
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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