Family Fun Center & Video Arcade--So. OC
| Asking Price: | Not Disclosed | Inventory: | $20,000 ** |
| Gross Revenue: | $335,675 (comments below) | Real Estate: | n/a |
| Cash Flow: | $55,351 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2009 | |||
| Cash Flow Comments: with paying off the loan(s) | |||
Seller needs immediate sale. The total investment is $50,000 down plus assume a loan payable $1,527.78 per month for 27 months with a $30,000 balloon payment at the end. Buyer also has the option to assume a loan on 10 games payable $1,775 per month for 3 1/2 years or turn in the 10 games and eliminate the loan. Buyer will need $20,000 for cash in the drawer and inventory. The net if keep the games and both loans would be about $15,000 per year or $30,000 per year if you do not keep the 10 games and eliminate the loan. The facility will still have lots of games without these 10.
Family style fun center & video arcade (admission fee = no loiterers); safe family area So. OC. Players win tickets redeemed for prizes (free games for parents while kids play games like Deal or No Deal & XBox 360 incl. Hero III & Halo 3). Two party rms for team/birthday parties or fund raisers (opens to 1 room seats 60). Price incl. $200k of games/furn/equip. 16-camera DVR security system; view from office or via internet (watch your business from home). Free standing bldg on busy street.
Family style fun center & video arcade (admission fee = no loiterers); safe family area So. OC. Players win tickets redeemed for prizes (free games for parents while kids play games like Deal or No Deal & XBox 360 incl. Hero III & Halo 3). Two party rms for team/birthday parties or fund raisers (opens to 1 room seats 60). Price incl. $200k of games/furn/equip. 16-camera DVR security system; view from office or via internet (watch your business from home). Free standing bldg on busy street.
About the Business
Year Established:1999
Employees:0 full time - 10 part time
Facilities:6,000 sq ft free-standing building, street front on major thoroughfare--great visibility.
Market Outlook and Competition:No competition nearby
About the Sale
Management Training and Support:Seller will train for 2 weeks
Reason For Selling:Other business requires move to China
Attached Files - Attachment Disclaimer
KEYWORDS: family, fun, video, arcade, games, party, entertainment, children, kids
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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