SUCCESSFUL INDOOR FAMILY AMUSEMENT FACILITY
(FAMILY ENTERTAINMENT, INDOOR RECREATION)
ALL, NEW JERSEY/ NEW YORK
Listed Price: $ 2,100,000
Listing ID: XCNJ777007
Listing DetailsGross Revenue: $ 2,600,000
Cash Flow: $ 525,000
FFE: $ 1,200,000 (Included in Price)
Inventory: $ 10,000 (Included in Price)
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING : Full training for a 90 Day Transition Period as well as ongoing support. Owners will stay post-close as Consultants and/or Employees if desired.
Listing SummaryBusiness Description:
EXCELLENT CASH FLOWING INDOOR FAMILY AMUSEMENT AND ENTERTAINMENT CENTER IS POISED FOR MASTER FRANCHISE GROWTH. This beautiful indoor athletic/amusement facility is fun for the whole family. This franchised business has proven a proven business model with phenomenal above- average margins. This is a Master Franchisee that currently owns the expansion rights for NY City, Long Island, and Northern New Jersey. The facility and all of its equipment are brand new and in top notch condition, it is a “Must See”. This is a very easy business to own and operate. It currently has a strong management team and is an excellent candidate for a semi- passive ownership portfolio business. This business has achieved year over year growth organically and through marketing. This is a Year Round Business with steady and predictable revenue that has a constant contact list of 80,000+ people and a combined social media following of over 20,000+. This Business can certainly achieve more revenue growth at the current facility just by utilizing its extra space with new attractions and revenue streams.
Historical Summary:
Founded in 2012. They have been growing ever since!
Owner Qualifications:
Business Management Experience or Prior Business Ownership Management Experience or Prior Business Ownership
Competition:
NOT MUCH !
Potential Growth:
As a Master Franchisee growth potential is huge, especially in the New York Metro Area. This could easily be a $10,000,000+ annual revenue business. The current owners have devised a three phase growth plan and they have the knowledge to open new locations in the most efficient and cost effective manner. They are willing to act as consultants and pass this knowledge and know-how onto the next owner.
Financing/Terms:
NEGOTIABLE
LocationOption: 5 YEARS
Lease Security: 0
Monthly Rent: $ 27,000
Square Footage: 41000
Type of Location: Stand Alone
Facilities:
This brand new and flawlessly maintained facility is located in Central New Jersey.
OperationYear Established: 2012
Days & Hours of Operation: Monday- Thursday 4-9pm, Friday 3-11pm, Saturday- Sunday 10am-10pm
Owner Hours: 40
Employees: : 10 Full-Time, 40-60 Part-Time
Managers: 4
Absentee Owner: Yes