Entertainment/ Studio Setting/Team Bonding

Atlanta, GA (Fulton County)

Seller Financing Available
Entertainment/ Studio Setting/Team Bonding
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Asking Price: $175,000

Cash Flow: $80,000

Gross Revenue: $200,000

EBITDA: $80,000

FF&E: $10,000

Inventory: $2,500*

Rent: $5,100 /Month

Established: 2009

*not included in asking price.

Entertainment/ Studio Setting/Team Bonding

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Business Description

This franchise is established in an ideal location for its targeted demographics. The franchisor has over 300 locations nationwide. Established in late 2016 this franchise location has grown from $140,000 in revenue in 2017 and 2018 to $160,000 in less than nine months in 2019 with the full year projection for 2019 to top $200,000. Seller's discretionary earnings is anticipated to be close to $80,000. There are 7 independent contractors that work with the owner. The contractors posses certain talents that make this franchise a cut above most. The clientele is sure to continue to grow as word of mouth praise ( their social media feedback is 5 star)and corporate team building outings have each started to come into their own. We are asking $175,000. This includes up to two months of transition from the owner. Also, the buyer will be required to complete franchisor training.

Detailed Information

Location:
Atlanta, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
10/31/2021
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Ideal location
Competition:
Typical
Growth & Expansion:
Growth is starting to take hold now that the business has been established for 3 years. Revenue growth 2019 vs 2018 is approximately 50%
Financing:
some
Support & Training:
Yes
Reason for Selling:
Opportunity to move out of state
Franchise:
This business is an established franchise
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Matt Wochele

Business Listed By:
Matt Wochele

Preferred Business Brokers, Inc.

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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Demographic Information

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