Seller's Contact Information
- RE: Absentee Family Entertainment Center In CT
- Contact: Ken Stein
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $860,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $270,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 1,500,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 10 | |
BBN Listing #: | 17324701 | |
Broker Reference #: | 14748 |
Business Overview:
A highly profitable family entertainment center is for sale in Connecticut. The potential of this facility is tremendous, as there is a very strong infrastructure in place as an out of state owner built it to operate absentee. There is a long-term lease with low rent, and significant investment has been made into this facility. The business was forced to close at the early onset of the pandemic, and reopened last summer with strong sales, is highly profitable, and operates ABSENTEE! This 50,000 square foot facility has very low rent for a space of this size, and the entertainment they offer requires a limited amount of staff to operate. The business is on pace to have sales of $1 Million this year during a pandemic, with Earnings of about $260,000 to the owner. There is ample opportunity to bring in significantly more revenue and generate more earnings for a more active involved owner. Please refer to listing number 14748 when inquiring about this opportunity.
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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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