Family Entertainment Center with Restaurant Inside

Glendale, CA
Los Angeles County

Glendale, Pasadena, Los Angeles

Asking Price: Annual Revenue:
$1,200,000 $1,236,789

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Family Entertainment Center with Restaurant Inside Broker: Chris Ververis
License #: 02066622

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,236,789
Net Profit: $324,643
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 24
BBN Listing #: 69235142
Broker Reference #: 140-00051

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Business Overview:

This family entertainment center has been features in nearly every major magazine for its unique concept and the frequent visit from A-list celebrities who bring in their kids for a day of fun and great food. Currently being operated as a semi-absentee, manager runs the day to day operations with owner putting in roughly 5 hours per week is general manager check-in and oversight. This location offers an upscale, family-friendly atmosphere with a unique, custom-made 2000 square-foot play area that children 10 and younger absolutely love. Recently voted as Los Angeles #1 place for kids birthday parties, #1 for family entertainment and again #1 for indoor playspace. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please email listing agent Chris Ververis. Please use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 6,000 square feet with a Based Monthly Rent of 18,900.70 plus CAMs. Seller is semi-absentee with 3 Full Time and 21 Part Time employees. Hours of operation are 10:30am-9am Monday to Sunday. $400,000 in FF&E included in asking price. $500,000 made in Leasehold Improvements.

Reason for Selling:

Seller wants to open franchise locations.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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