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Oceanfront Adventure Ride
Location: United States -> Virginia -> Virginia Beach
Industry: Entertainment and Leisure > Amusement Parks




Business Summary

Unbelievable opportunity to own an Adventure Ride for sale on the Oceanfront of a Major East Coast Resort for a very reasonable investment. This Business is located ''Center Strip'' on the oceanfront in an historic renovated Theatre. It is classified as a Dark Ride, that is one where the patrons take a tour through different scenes in a motorized electric car. The theme is ''Pirates of the Caribbean'', it is located in an area where Blackbeard the Pirate once sailed. The different scenes feature animated creatures and surprise pop-outs all illuminated by Black Lights. The Dark Ride business has a cult following much like Roller Coasters, and some of the yearly groups booked into this ride are these cult followers, as this ride is listed on their national web-site as a ''must do''. Because this is a resort beach town you are virtually guaranteed business during the season which starts in March and runs through October. Up to 95% of all oceanfront foot traffic will come by your front door rain or shine, this location is next to an outdoor amusement area with rides and a midway, advertising and promotion is minimal because of your visibility. This business has a 15 year track record and is fully automated, put 'em in the carts and start the motors, that's all there is to it. The next logical upgrade to this business would be adding Laser Guns to the carts to shoot the Pirates during the ride. Offering the option of Laser guns on each trip could increase Revenues by 40% as well as encouraging multiple rides as each gunner is scored by Pirate Hits. The present owners have considered a gift shop on exit as well as digital photos taken during the ride for sale on exit. The Possibilities for Expansion and Revenue growth are amazing with this Adventure Ride and all with an Unbeatable location! location! location! Don't miss this one. Asking price is $230.000. The season starts in March so act quick to get maximum revenue. Email or call Ray at 757-271-6969


Financials

Asking Price Range:  < $250K
Gross Revenues:   $140,000
Cash Flow:   $35,000
Cash Flow Type:  EBITDA
Inventory:  $230,000
Seller Financing:  Yes

About The Business

Year Established:  1994
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Full training for 2 - 3 weeks or as long as it takes for a comfortable transition.
Reason For Selling:  Owner is consolidating all his businesses to be close together.




Print Listing Id: 70099661
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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 > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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