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State - Of - The - Art Family Entertainment Center
Location: United States -> New Jersey -> Middlesex County
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This well-established, popular Family Entertainment Center is a unique opportunity in the exploding market of family entertainment centers. This center is located in a densely populated, family-dominated area in New Jersey. The attractions provided are popular for all age groups and offer a fun venue for special events for schools, camps, parties and corporations. In addition, there are countless opportunities to expand attractions in the facility. This is a rare opportunity. To build this type of center would cost $1.8M to $2M. It would take 1 year to find a venue and get the required permits, and an additional 6 to 8 months to build. With the purchase of this business, you will be in operation on day 1 for a much-reduced cost of startup.

The facilities are immaculate and well-staffed with associates focused on safety first and customer satisfaction. In 2017, this location served 85,000 customers. The event programming presents a consistent opportunity for customer growth and loyalty. The facility offers a unique venue for corporate and personal events.

After streamlining the business and its operations to run effectively and profitably, this investor owned location is ready for an owner-operator to take the business to the next level. Although this is a franchise, the franchisor is very flexible and welcomes innovation from its franchisees. The ideal buy will be an owner-operator who has a passion for indoor entertainment who can use their sales, marketing and networking skills to grow this business.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,570,330
Cash Flow:   $210,130
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $815,150
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner is willing to assist in a transition plan.
Reason For Selling:  Current investment group concluded that an owner-operator is needed.




Print Listing Id: 700332048
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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 > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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