Seller's Contact Information
- RE: Iconic Family Entertainment Center
- Contact: Max Friar
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $1,171,670 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 1,190,000 | |
| Real Estate: | $1 | |
| Year Established: | 1953 | |
| Employees: | 11 | |
| BBN Listing #: | 448445079 | |
| Broker Reference #: | 696 |
Business Overview:
Here is an exciting opportunity to own a well-established family entertainment center and restaurant. Established in 1953, the business is an iconic landmark for family fun and activities.
The business offers multiple forms of entertainment for all ages, from bowling, laser tag, and arcade games with prizes, to video gambling and a full bar. They also offer pizza takeout and delivery, and are just as sought-after for their quality food and specialty pizza as they are for their attractions.
The current owner has been running the company for 40 years. While he has loved the experience, he’s seeking to sell the business in order to spend more time with his growing family.
A note from the Seller: “I want to share with the buyer the fun and thrill that I’ve had with this business. I want a new owner to succeed and be successful with this business!”
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Property Features and Assets:
The 27,000 square foot facility has a fully equipped kitchen, bar, arcade, mini bowling alley, laser tag, banquet rooms, and a 300-seat dining area. The facility is available for sale with the business.
Market Competition and Expansion:
Investment Highlights Include: (1)Large and Expandable Property: plenty of room to add new entertainment activities like an escape room, batting cages, mini golf and more! (2)Longstanding Reputation: The Restaurant has become a beloved icon of the local area. (3)Innovative Offerings: Ownership stays up to date with entertainment options and attractions, and creatively pivoted food offerings to accommodate pandemic needs. (4)Pickup & Delivery: The Company offers pickup and delivery, and has their own delivery drivers on staff. (5)Strong Marketing: The Owner meets with their marketing person weekly. The Company is always putting out web content, in the form of social media posts, Facebook TV, blogs, and YouTube videos. They also offer regular community events and activities such as trivia night and other specials, which bring more folks in the door. (6)Fundraising Opportunities: The Business places their community as a top priority, and offers multiple fundraising options for local schools. (7)Excellent Online Customer Ratings & Reviews: The Business has many raving reviews about their service, quality food, and fun attractions for all ages. Expansion Highlights: (1) Continued Organic Growth: The Company has grown significantly over its nearly 70 years running, and there’s reason to expect that growth to continue under a passionate owner, as it has in previous years. (2) Expos & Other Educational Opportunities: The Owner attends yearly expos and stays up to date with new attractions and other potential offerings, and a new owner can bring in continued growth by doing the same. (3)Additional Location: The Company still only has one location, and it has become very popular. Adding a new location outside of the 15-20 mile radius the Company currently serves could bring in significant revenue.
Reason for Selling:
The Owner would like to spend more time with his g
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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