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Family Entertainment Franchise Resale-VA

VA

Family Entertainment Franchise Resale-VA

Asking Price:$1,650,000

Cash Flow:$372,167

Gross Revenue:$1,868,332

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2011

Family Entertainment Franchise Resale-VA

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Business Description

This 5 year old profitable $1.9M, Family Entertainment franchise resale is a unique opportunity in the exploding market of family entertainment centers. The purchase price includes a well established franchise territory that is located in densely populated, family dominated county of Northern Virginia and all of the equipment required to operate. Purchasing this established franchise affords you the luxury of avoiding the development and ramp up costs associated with the “cold start” of building out, starting up and opening.

The facilities are immaculate and well-staffed with associates. Due to the growing popularity of this location the owners continue to invest in the business and are currently in the process of adding a new state of the art attraction. The innovative attraction will add a new dimension to the business and is guaranteed to attract customers seeking family and group friendly safe entertainment.

The growth of this market and territory is positive. The franchisor would welcome the opportunity to work with a new owner to further expand the business.

Social media helps to drive business to this center and the owners have been diligent in updating the site with pictures and offers. The franchisor continues to be passionate about the business and looks forward to providing both corporate and hands-on training, website maintenance, marketing support and state of the art back-end operational assistance.

This resale is priced to sell as the current owners want to divest their various business interests as they prepare to retire.

Detailed Information

Real Estate:
Leased
Building SF:
26,170
Lease Expiration:
N/A
Employees:
1 FT, 1 PT
Facilities:
26,170 sq/ft in size and is well equipped with patented equipment, a kitchen, a state of the art arcade area, dedicated themed party rooms, and an area for budget friendly picnic table parties, supply closets, an offices, and a LAN room.
Competition:
There are other family entertainment venues in the area.
Growth & Expansion:
The current owners are is in the process of adding a new attraction that is both challenging and adventurous. This attraction will easily expand the customer base to include new demographics and age groups. The franchisor is engaged in growing the franchise by offering new attractions to franchise owners.
Support & Training:
Current owners will ensure a smooth transition and provide hands on training. In addition the new owner will be trained by the Franchisor.
Reason for Selling:
The Owners are looking to retire and re-locate.
Franchise:
This business is an established franchise

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Susan Rosner

Business Listed By:
Susan Rosner

Calder Associates, Inc.

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Sponsoring Broker:
Calder Associates Business Brokers

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