Family Entertainment Complex

Undisclosed Address, Texas
Business Opportunity for Sale
Catylist Listing ID: 30315303
Property Subtypes: Entertainment and Leisure
Building Size (RSF): 25,000 SF
Sale Price: $2,200,000
Gross Revenue: $1,498,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 7/30/2018

Overview / Comments

This unique entertainment complex has something for everyone. Targeting primarily the youth demographic, this facility also offers entertainment for older teens and young adults. With a focus on quality, cleanliness and safety, this East Texas entertainment venue is the premier destination for birthday parties, lock-ins, youth group activities, team building sessions, seasonal youth camps, and more. This concept is ready made for building a franchise brand. There is already one licensed location operating and paying a royalty on revenue. This royalty stream and the corporate franchising/licensing potential is included in the sale.

Additional Details

Industry Segment: Other Entertainment and Leisure
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: $7.25 /SF/Month
Mgmt/Training Support Description: Current ownership is willing to commit up to 3 months training to new ownership, as well as up to an additional year in a consulting capacity if necessary
Growth/Expansion Opportunities: This diverse entertainment complex offers the potential to dominate within the amusement and recreation industry on a national scale. Current plans and projections call for opening between one and three additional licensed locations per year, and earnings are expected to grow exponentially based on the concept's licensee network.
Seller Financing Description: Seller financing terms negotiable for qualified buyers

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,583 3,043
Median Age: 44.09 40.43
Households: 670 1,228

Contact

Photograph of Listing Agent

Matthew K Marshall

Drake Real Estate & Investments GTAR Commercial Member
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