NOT DISCLOSED, Virginia
| Asking Price |
$495,000 |
Year Established |
|
|
| Annual Revenue |
$1,300,000 |
Reason for Selling |
Owner wishes to retire |
|
| Annual P/L |
$200,000 |
Attention |
Gavin Raphael |
|
| Annual Cash Flow |
$0 |
Listing Number |
1010161 |
|
| # of Employees |
8 |
Business Category |
Recreation: Entertainment |
|
Business Overview:
Confidential opportunity to acquire an established social arcade bar and entertainment venue in the Hampton Roads market. The business combines arcade and amusement games, social gaming attractions, food service and private events. The concept has an established local presence, multiple revenue streams, and a team in place for day-to-day operations.
Ownership is largely absentee, creating upside for a more active operator. Growth opportunities include adding liquor, improving the food/menu, refreshing select games, expanding private events, adding music or themed nights, and strengthening social media and local marketing.
Property Features and Assets:
<p>Location is leased.</p>
Market Competition and Expansion:
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