Profile: Family Fun Center - Price Just Reduce For Quick Sale!
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$148,000 |
| Down Payment: |
$100,000 |
| Annual Revenue: |
$350,000 |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Year Established: 2002
Number Of Employees: 6 (Part-Time)
Days And Hours Of Operation: 11:00am - 11:00pm
Facilities / Location:
Then Business Is Located In A Prime Shopping Center Anchored By Stater Brothers Grocery Store, Bally’s Total Fitness And Black Angus As Well As Several Other Smaller Stores And Business’ Affording It High Visibility. Street Access And Parking Is Plentiful. The Facility Of 7000 Square Feet Houses Over 120 Video, Arcade, And Redemption Games.
Lease Expiration Date: August. 2010
Option: 2 - Five Years Each
Monthly Rent: 12,110
Business Description: The Business Provides An Affordable Center For Family Fun And Entertainment. Customers Stop By For A Few Hours Of Fun, Or Have A Birthday, Sports Team, Special Event Party Or Fundraiser In The Decorated Party Room. There Are A Variety Of Games, Fun For Kids And Adults Of All Ages. The Business Is More Than Just An Arcade, It Is An Entertainment Destination For Individuals And Families Alike. Revenue Sources: • Admission Charge • Pre-Counted Bags Of Nickels And Coin Changers • Vending/Soda Machine • Parties/Events • Xbox 360 Gaming Stations In Addition, Customers Pay A Small Admission Fee To Enter The Facility. All The Games Operate On Nickels, Anywhere From Five Cents To Forty Cents Each. Customers Typically Purchase A Pre-Counted Bag Of Nickels (3-5) Upon Admission. Business Is Centrally Located In The Middle Of 30 Elementary And Middle Schools, All Within A 5 Mile Radius. Primarily Employee Operated, With Minimal Owner Oversight. Stable And Consistent Staff Of 6 Part-Time Employees/Managers. One Manager Has Been With The Business 5 Years, Another One 3 Years. This Business Does Not Require Technical Expertise. It Is A Simple Business To Operate.
Potential For Growth: The Business Has Partnered With Local Schools In The Area And Provides Certificates Of Achievement Each Quarter, Which Includes A Free Admission For Students As A Reward For Their Academic And Attendance Achievements. Periodic Advertising In Local Coupon Publications. Some Internet Advertising. Business Has Primarily Relied On Existing Customer Base And Word Of Mouth. Expansion And Growth - Increased Internet Marketing And Advertising Along With Additional Event Party Coordination With Sport Teams, Addition Of Food And Beverages And Pc Computer Internet Game Stations,etc. Will Boost Increasing Revenues.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Kenneth Sherman, Broker at 877-727-6382 Non Disclosure Agreement |
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