Seller's Contact Information
- RE: Virtual Reality Arcade - High Traffiic Location
- Contact: Stocker Travis
- License #: 312805
Quick Facts
Asking Price: | $20,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 10,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 1 | |
BBN Listing #: | 693663504 | |
Broker Reference #: | DBI-1001 |
Business Overview:
Opportunity to purchase established virtual reality arcade in a prime location in a major shopping center in Frisco, TX at the southwest corner of Lebanon Road and the North Dallas Tollway. Front door of the business is in direct view of a high volume , fast food double drive through window which is great free advertising. All state of the art equipment designed to provide kids and adults the highest quality virtual reality gaming experience in a family friendly atmosphere. Semi-absentee operated for only 6 hours a day. ASKING PRICE CUT IN HALF!!! MAKE ANY OFFER!!!
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Property Features and Assets:
Size: 884 square feet Security Deposit: $4,038 Lease expiration: 10/31/2024 Total monthly rent: $3,794.85 Base monthly rental: $2,789.77 Additional rent: $996.08 (tenant pro-rated share of common area maintenance, building insurance & real estate taxes all of which are adjusted annually).
Market Competition and Expansion:
The virtual reality gaming industry is extremely popular in Europe and is slowly making its way to the states. Not loud like typical arcades, only real expense is rent - since product is virtual gaming, no real inventory. Prices per station are $44.99 for one hour and $24.99 for ½ hour. Can be booked for date nights, events, parties, and team building corporate events. Great location next to busy Chick fil-a double drive through, provides a type of free advertising. Sales not just retail traffic, but also Corporate events.
Reason for Selling:
Semi-absentee owners desire to divest to focus on.
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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