Family Entertainment Business - High Cash Flow
Asking Price: | $985,000 |
Gross Revenue: | $1,233,410 |
FF&E: | $63,825 |
Cash Flow: | $536,491 |
Inventory: | $10,055 |
Established Year: | 2016 |
Established since 2016, this is a highly profitable family entertainment business in one of the busiest areas in Las Vegas. The entertainment concept is unique and highly popular. Approximately 84% of revenues come from admission fees, 11% come from beverage sales, and 5% come from mobile events and merchandise sales. There is 1 full-time manager and 10-14 part-time employees including a maintenance associate and bookkeeper. The owner works on average 27 to 28 hours a week; some of it on-site and some of it off-site. The owner’s job duties include paying bills, placing ads, approving staff schedule, running payroll, and advising / guiding staff. The owner started the business from scratch and it is now time to move on to a new challenge. This is an exciting opportunity to take over a fun and highly profitable business and grow it to the next level.
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