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Game Room For Sale In North Texas - Dallas Area
Location: United States -> Texas -> Dallas/Fort Worth -> Mckinney
Industry: Entertainment and Leisure > Casinos




Business Summary

This is a great investment opportunity to purchase an existing, turn key business.

Location, Location, Location! Game room located in bustling McKinney, TX. Just north of the historic downtown area, it is near the busy intersection of highway 5 and 380 with plenty of restaurants, retail, and other businesses. It is nearby other game rooms so there is plenty of customer traffic. The business is currently open and running with great and loyal customer following, and it is profitable. Monthly sales of $220,000. Existing staff of 4 plus manager. This is a ''turn-key'' business that will support an absentee owner. Profits would increase if owner actively participates in business.

Gameroom is full of popular games. Games include Life of Luxury, Pot of Gold, Southern Gold, Gold Touch, Spin Wheel, Zeus, and others from WMS, IGT, and Bally's.

Located in a retail strip, the business has an attractive multi-year lease. The location has great visibility from main roads, plenty of parking, and a wonderful landlord.

Game Room has a certificate of occupancy and gaming permit issued by the City and State. Attractive multi-year lease, plenty of parking, perfect layout, and fully staffed. It was recently remodeled with designer color scheme, lighting, HVAC, state of the art security system, and IT infrastructure.

McKinney is one of the only cities in the DFW area that permits and will allow game rooms. McKinney has population of over 160,000 and is one of the fastest growing cities in the country. McKinney was ranked #1 Best Place to Live by Money Magazine.

This is a great opportunity to invest in an established, profitable business in a growing city.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $2,500,000
Cash Flow:   $150,000
Cash Flow Type:  EBITDA
Inventory:  $20,000
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes. Owner will provide support and training through transition period. Also, manager goes with sale.
Reason For Selling:  Lack of time to commit to business and investing in other business in another geography




Print Listing Id: 700242600
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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 > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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