Fun, Profitable, Family Entertainment Business in the Triad Area

North Carolina

Seller Financing Available

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Asking Price:$195,000
Gross Revenue:$200,327
Rent:$3,667/Month
Established Year:2003
Cash Flow:$60,000
Inventory:$3,000
FF&E:$100,000
BUSINESS DESCRIPTION

Family Entertainment

Fun, profitable family entertainment business with room to grow. This family entertainment business in Central North Carolina, in the Piedmont Triad geographic area, is available for sale and has room to grow. The business is profitable, both as an owner-operated business or with semi-absentee ownership as presently done.

The business provides fun, family entertainment for parties, groups and individuals, including church groups, school groups, and day care groups, The location is excellent, with good visibility and convenient access and the business enjoys a below market rent.

The business is run on an absentee basis by the current owner who spends a few hours there once every 1 to 2 weeks. Excellent employees in place provide an opportunity for a new owner to also operate the business in this manner. The current owner does minimal marketing and there is room for substantial growth with additional marketing efforts. As an entertainment center, operating hours are limited to primarily evenings and weekends.

This is an excellent opportunity to own a successful business that is easy to manage and run, with potential for additional growth. For more information, contact the broker Shanon Madrid at Smadrid@sunbeltnetwork.com or 919-624-9275.


DETAILED INFORMATION
Location
North Carolina
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,000
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
8500 square foot facility in strip center. Consists of primary open space, arcade game space, and 3 separate party rooms (1 glow room)
Competition
This business is in a growing community with no competition in the area of it kind. The customer base is highly loyal as evidenced by their 20 year continuous history.
Financing
Seller will consider a note for highly qualified buyer.
Support & Training
Owner a manager will transition as needed. Manager would like to stay of for an additional 90 days and may consider a part time basis.
Reason for Selling
Secondary business is taking up too much time.
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Shanon
Madrid
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Shanon Madrid