- Location
- Rhode Island
- Categories
- Entertainment & Recreation
- Seller Financing
- Not Available
- Gross Revenue
- $3,660,557
- Cash Flow
- $709,914
- FF&E
- $5,000,000
- Is the property owned or leased?
- N/A
- How many square feet is your location?
- 42500 sq.ft
- Is this business that you wish to sell one location or a franchise?
- A Franchise
Business Description
Join the explosive growth in the family entertainment industry with this industry leading franchise. This is an Established Turn-Key Full Family Entertainment Center in the New England area with the following features:
• Multiple state-of-the-art attractions that appeal to all ages including bowling, laser tag, arcade, ninja course, trampolines, and more.
• Other guest amenities include a pizza restaurant and a full bar creating additional revenue streams.
• Opportunity to add additional attractions.
• Highly defensible site located in a busy shopping area.
• Over $5 million spent on the buildout.
• Full-Time experienced GM in place if the buyer plans to be an absentee owner.
• Full training is provided to owners and the management team.
• $710k of Owner’s Cash Flow
The asking price is $2,500,000 and SBA bank financing will be available to a well-qualified buyer with $263k down.
The seller has two other locations for sale, one in Maryland for $950,00 and the other in Metro Detroit for $3,000,000. This is a great opportunity for a highly qualifed buyer to own multiple locations that are up and running for far less than the $13 million it took to build them out.
Sunbelt Listing ID: 55944
• Multiple state-of-the-art attractions that appeal to all ages including bowling, laser tag, arcade, ninja course, trampolines, and more.
• Other guest amenities include a pizza restaurant and a full bar creating additional revenue streams.
• Opportunity to add additional attractions.
• Highly defensible site located in a busy shopping area.
• Over $5 million spent on the buildout.
• Full-Time experienced GM in place if the buyer plans to be an absentee owner.
• Full training is provided to owners and the management team.
• $710k of Owner’s Cash Flow
The asking price is $2,500,000 and SBA bank financing will be available to a well-qualified buyer with $263k down.
The seller has two other locations for sale, one in Maryland for $950,00 and the other in Metro Detroit for $3,000,000. This is a great opportunity for a highly qualifed buyer to own multiple locations that are up and running for far less than the $13 million it took to build them out.
Sunbelt Listing ID: 55944
Reason for Sale
Corporate Divestiture