Entertainment Equipment Leasing Route
Not Disclosed, TX Not Disclosed
Request More Information Contact the Seller
- RE: Entertainment Equipment Leasing Route
- Contact: Steve Merritt
Quick Facts
| Asking Price: | $5,000,000 | |
| Annual Revenue: | $3,973,573 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,148,233 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $3,200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1001064 | |
| Broker Reference #: | 76931-110513 |
Business Overview:
This is a rare acquisition opportunity involving equipment leasing contracts with multiple franchisees of a popular casual restaurant chain. The equipment is primarily TouchTunes jukeboxes and accompanying audio and visual equipment. The business retains ownership of the entertainment equipment that it leases to these franchisees, and the business and the franchisees share in the net revenue after accounting for music subscription fees and other agreed expenses. Some of these contracts have been in place for over a decade, and business referrals continue to be received on an ongoing basis. As of year-end 2024, 686 TouchTunes jukeboxes were installed for franchisees across 34 states. These equipment leasing contracts generated revenue of nearly $4M in 2024, and SDE related to these contracts topped over $1.1M, with similar or slightly improved performance expected for 2025.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Focus on other endeavors. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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