Indoor Family Entertainment Center, Absentee owner

Austin, TX (Travis County)

Seller Financing Available
Indoor Family Entertainment Center, Absentee owner
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Asking Price: $1,950,000

Cash Flow: $400,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: $800,000

Inventory: N/A

Rent: $18,000 /Month

Established: 1999

Indoor Family Entertainment Center, Absentee owner

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Business Description

Indoor Family Entertainment Center located on a major highway through South Central Austin. Attracts kids 7 to 14 (and those that play like them). Business averages more than than 150 birthday party and group events per month. Approximately 15,000 sq. ft. building with offices, additional party rooms and seating area upstairs for a total of approx. 20,000 sq. ft. Operated absentee for the last 5 of the 20 years in business. Fully trained staff including a General Manager, Center Manager, and Shift Managers. Established in 1999 in a spectacular old movie theater with 36' ceilings. Seller has invested over $1.5M in leasehold improvements and equipment. Highly successful concept in a proven location. Well known and respected brand with great online reviews/presence. Owner has already taken steps necessary for franchising. Ideal for duplication of model.

Detailed Information

Location:
Austin, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
20,000
Lease Expiration:
N/A
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
20,000 sq. ft of completely remodeled old movie theater with all done to code. Located in large center with plenty of parking on major highways.
Competition:
Little in the area and none with the success as in this location.
Growth & Expansion:
Several areas that can be expanded for more revenue including possible multiple locations and or franchising. Seller has started copyright for business. Seller can show buyer how to increase cashflow quickly with other products added to current business plan.
Financing:
SBA approved loan
Support & Training:
Owner will help with transition as needed.
Reason for Selling:
Owner has other businesses taking his time.
Business Website:
http://Blazertag.com
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(from currently available funds)
 
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Jorge Couto

Business Listed By:
Jorge Couto

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