Indoor Glow In The Dark Family Entertainment Center

Woodland Hills, CA (Los Angeles County)

Indoor Glow In The Dark Family Entertainment Center
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Asking Price: $1,999,000

Cash Flow: $749,760

Gross Revenue: $2,757,648

EBITDA: N/A

FF&E: $1,250,000

Inventory: N/A

Rent: $32,000 /Month

Established: 2015

Indoor Glow In The Dark Family Entertainment Center

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Business Description

Tremendous opportunity to acquire a Indoor Glow In The Dark Family Entertainment Center within a proven profitability. This Franchise is the leader in indoor family entertainment parks. Franchises within this area are seldom offered for sale. The model caters to individuals of all ages. Profits generated are FANTASTIC! The franchised system provides many opportunities to its Franchisees not available to independent operations. This is one of the hottest, fastest growing, and most profitable, types of retail businesses to hit the market in years. It's very simple to operate, maintain, and features extremely strong cash flow and profits and does not require owners constant supervision. The location has virtual dodge ball, ropes course, mini golf, laser maze and laser tag, climbing walls and many other attractions for birthday parties, family events and group fundraising. The business has gained a strong reputation for providing a great family entertainment experience. This high profitability opportunity is set up for a new owner to take over immediately and continue to enjoy the benefits of the previous owner's hard work. Great location and strong service staff make this a turn-key opportunity. State of the art equipment and POS. Owner will train for a smooth transition. Email Chris Ververis at chrisv@fcbb.com or call 702-410-7693 today for the NDA and more detailed information.

Detailed Information

Location:
Woodland Hills, CA
Real Estate:
Leased
Building SF:
28,000
Lease Expiration:
6/1/2024
Employees:
10FT, 28PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 28,000 square feet with a Total Rent of $32,000. Lease ends 06/2024 with one 5 year lease option. Seller is not active in the business with 10 FT employees and 28 PT employees. Hours of operation are 11AM–10PM Weekdays, 11AM–12AM Weekends. $1,250,000 in FF&E included in Asking Price. $500,000 made in Leasehold Improvements.
Support & Training:
14 days
Reason for Selling:
Partner dissolution
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(from currently available funds)
 
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Christopher Ververis

Business Listed By:
Christopher Ververis

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Sponsoring Broker:
Jeff & Linda Nyman

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