Growing Entertainment Group (Bingo, Food, and Arcade) with $256,302 Cash Flow
www.GlobalBX.com
Listing ID:
7005178
Listing Title:
Growing Entertainment Group (Bingo, Food, and Arcade) with $256,302 Cash Flow
Quick Link:
http://www.globalbx.com/listing.asp?bId=5178
Industry:
Entertainment and Leisure
Industry Segment:
Other Entertainment and Leisure
Country:
United States
State / Province:
Florida
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$5,000,000
Cash Flow:
$256,302
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1993
Number of Employees:
20 - 34
Business Description:
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, ยง1153(b)(5).
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