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Nevada
Indoor Therapeutic Entertainment Franchise - Absentee Owned! - SC2263
Asking Price
$445,000
Revenue
$500,000
Down
$374,000
Cash Flow
Call/Email
Name: Brett Sargent
Phone: Show phone number
Name
Brett Sargent
Phone
Show phone number
Description
This Northern Nevada based Indoor Therapeutic Entertainment Business is a Nevada Limited Liability Company that has been in operation for the last almost 2 years. They offer a variety of indoor entertainment options that provide the perfect place to release tension as an individual or as a destination for groups and team building activities. These facilities provide a safe environment to release stress, have fun and enjoy a time out with friends, co-workers or family members! This is an absentee owned business. They currently have over 1,700 Google reviews with an average rating of 5 stars!
This business currently markets through its website and social media platforms. They also have a strong “word of mouth” following as well. They are also using SMS campaigns to help with growth. They have only been in operations for under 2 years, and they are growing quickly and are in a highly desirable location. The current business model is more family friendly forward, and so they do not serve alcohol at the location. There is an opportunity to add alcohol to current business that could offer significant upside opportunity through alcohol sales (already implemented successfully at other franchise location), which can materially increase revenue and margins.
Financial Information
$445,000 Asking Price
On request Cash Flow
$500,000 Gross Revenue
$374,000 Down Payment
Yes Financing
On request Adjusted EBITDA
Business Location
City: Northern Nevada
State: Nevada
Financing Comments
Seller financing may be available for up to 25% of the purchase price at 8% interest over 4 years. The actual amount offered for Seller financing will be dependent on offered purchase price and quality of the Buyer.
Reason for Sale
The reason for selling is Seller has a full-time role and does not have time to focus on the business.
Detailed information
Year Established: 2024
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 2
Contractors: N/A
Owner Worked Hours/w: 5
Inventory Included: No
Inventory Value: N/A
Monthly Rent: $11,338
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 6637
FF&E Included?: Yes
FF&E Value: $85,000
Training/Support
Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There will also be training and support provided from the Franchisor.
Facilities
This business operates out of a newly refurbished 6,637 square foot space with base rent of $11,338 and monthly CAM charges of $5,432. Almost $1M was spent on the buildout and tenant improvements in the space. With the larger facility, then can accommodate large groups and corporate events (200+ capacity), providing strong potential for private events and high-margin bookings.
Market Outlook/Competition
This is a franchise model, and they were the 4th location in the United States and they have exclusive rights in a 20-mile radius. Today, there are over 100 locations signed up across the United States and 10 locations up and running, so this is a fast-growing franchise.
Business Details
Year Established:
2024
Employees:
4
FE&E:
$85,000
Reason for sale:
The reason for selling is Seller has a full-time role and does not have time to focus on the business.
Support & Training:
Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There will also be training and support provided from the Franchisor.
Property Information
Size in Square Feet:
6,637 sqft
Lease Terms:
base rent of $11,338 and monthly CAM charges of $5,432.
Lease & Tenant Information
Posting Information
Posting ID:
1487891
Business Category:
Children & Kids
Business Types:
Family Entertainment Center
Beauty Service
Counseling Service
Attributes:
Absentee Run
Existing Franchise
Financial Assistance
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Indoor Therapeutic Entertainment Franchise - Absentee Owned! - SC2263
Posting ID
#1487891
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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Indoor Therapeutic Entertainment Franchise - Absentee Owned! - SC2263
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Northern Nevada Indoor Therapeutic Entertainment Franchise - Amazing Growth Potential and Absentee Owned! - SC2263 This Northern Nevada based Indoor Therapeutic Entertainment Business is a Nevada Limited Liability Company that has been in operation for the last almost 2 years. They offer a variety of indoor entertainment options that provide the perfect place to release tension as an individual or as a destination for groups and team building activities. These facilities provide a safe environment to release stress, have fun and enjoy a time out with friends, co-workers or family members! This is an absentee owned business. They currently have over 1,700 Google reviews with an average rating of 5 stars! This business currently markets through its website and social media platforms. They also have a strong “word of mouth” following as well. They are also using SMS campaigns to help with growth. They have only been in operations for under 2 years, and they are growing quickly and are in a highly desirable location. The current business model is more family friendly forward, and so they do not serve alcohol at the location. There is an opportunity to add alcohol to current business that could offer significant upside opportunity through alcohol sales (already implemented successfully at other franchise location), which can materially increase revenue and margins. Financial Information $445,000 Asking Price On request Cash Flow $500,000 Gross Revenue $374,000 Down Payment Yes Financing On request Adjusted EBITDA Business Location City: Northern Nevada State: Nevada Financing Comments Seller financing may be available for up to 25% of the purchase price at 8% interest over 4 years. The actual amount offered for Seller financing will be dependent on offered purchase price and quality of the Buyer. Reason for Sale The reason for selling is Seller has a full-time role and does not have time to focus on the business. Detailed information Year Established: 2024 Home Based: No Franchise: Yes Relocatable: No Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 2 Part-Time Employees: 2 Contractors: N/A Owner Worked Hours/w: 5 Inventory Included: No Inventory Value: N/A Monthly Rent: $11,338 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 6637 FF&E Included?: Yes FF&E Value: $85,000 Training/Support Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There will also be training and support provided from the Franchisor. Facilities This business operates out of a newly refurbished 6,637 square foot space with base rent of $11,338 and monthly CAM charges of $5,432. Almost $1M was spent on the buildout and tenant improvements in the space. With the larger facility, then can accommodate large groups and corporate events (200+ capacity), providing strong potential for private events and high-margin bookings. Market Outlook/Competition This is a franchise model, and they were the 4th location in the United States and they have exclusive rights in a 20-mile radius. Today, there are over 100 locations signed up across the United States and 10 locations up and running, so this is a fast-growing franchise.
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