Seller's Contact Information
- RE: Amazing 4-Story Laser Tag Arena With Real Estate
- Contact: Quoc Pham
Quick Facts
Asking Price: | $3,995,000 | |
Annual Revenue: | $398,002 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 5 | |
BBN Listing #: | 74244107 | |
Broker Reference #: | 76931-918044 |
Business Overview:
With a dream and clear vision in mind, the owner of this business set out to build the largest laser tag arena in town! In 1998, the owner turned his vision into reality and built a 13,000 square foot purpose- built laser tag arena! He created the largest laser tag arena in town while utilizing nothing more than the most state-of-the-art equipment available! This laser tag arena is arguably the largest arena in the United States. The facility features an arcade area, a snack and beverage counter, two private party rooms, an open dining area and of course the 4-story, 13,000 square feet laser tag arena.
For guests who come and choose not to participate in the laser tag games, there is plenty of open space with tables and chairs in the arcade area to hang out and visit with friends and family. Guests can order beverages, snacks, play games or sit back and watch the live laser tag scoring action with TV’s mounted all around the building. There is plenty of games and entertainment for kids and adults of all ages. For guests who want to avoid the crowd, there are two spacious private rooms that are available for reservation for private parties. Additional options for renting the whole facility for a private event or lock-in is also available!
Revenues have remained consistent for many years, but business did take a hit in 2020, due to the pandemic and new regulations. With the vaccine in place, it’s only a matter of time before this business bounces back!
The owner is ready to retire after over two decades in the business and is looking to pursue other business interest. Excellent opportunity for a new owner to take over and elevate the new business to the next level!
To replicate this concept, a similar investment to build a business like this from ground up can cost an upwards of $4,500,000.00. This includes the buildout of the structure, the buildout of the whole interior including the laser tag arena, the purchase of the furniture, fixtures and equipment and also the acquisition of over 4 acres of land.
Included in the sale of this laser tag business is real estate. The real estate includes a 9,820 square foot building which sits on over 1 acre of land PLUS an additional 3.24-acre property adjacent to this business. More information on the real estate and land will be provided further in this package.
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Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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