16 Yr. Old Entertainment Business Profitable Every Yr. Huge Growth

Asking Price$1,350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$757,854

InventoryNot Disclosed

FF&E$80,000
Included in asking price
Entertainment and Recreation BusinessSave

16 Yr. Old Entertainment Business Profitable Every Yr. Huge Growth


Asking Price$1,350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$757,854

InventoryNot Disclosed

FF&E$80,000
Included in asking price

Seller Financing Available
Business Description
Generate profits and cash flow starting day 1!!! This 16-year-old completely turnkey entertainment and recreation business has never had a losing year!!! Located conveniently in a high traffic area for over 10 years. Absentee owner lives out of state. Great, trained staff with an average of 5 years of experience per staff member. Over 250 recurring customers most of have been coming for over a decade!
Lots of growth potential for the new owner in the 3.2 billion dollar per year USA industry! The three best and quickest routes to growth include: 1) initiate social media advertising to grow membership (currently the company does not do online marketing) 2) utilize in person marketing tactics in the local malls and strip malls 3) partner with online private social clubs to deliver off hour revenue streams 4) expand service and product offerings 5) acquisition growth
No special skills are necessary to succeed! The current owner will provide training for the buyer for up to 90 days. Spanish is a plus but not necessary. Sales and marketing skills can be value added. Owner is out of state and retiring. Owner will consider taking back a portion of the purchase price depending on the buyer and the offer.
About the Business
Years in Operation
17
Employees
9 (2 Full-time, 7 Part-time)
average of 5 years of experinece per employee
Facilities & Assets
New machines, assets in good shape. updated interiors
Market Outlook / Competition
Large market nationally and in Miami. Very fragmented with over 250 competitors in Miami Dade County
Opportunities for Growth
Lots of growth potential for the new owner in the 3.2 billion dollar per year USA industry! The three best and quickest routes to growth include: 1) initiate social media advertising to grow membership (currently the company does not do online marketing) 2) utilize in person marketing tactics in the local malls and strip malls 3) partner with online private social clubs to deliver off hour revenue streams 4) expand service and product offerings 5) acquisition growth
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$6,513 per month
Lease Expiration
1/31/2031
About the Sale
Seller Motivation
Absentee Owner retirement
Transition Support
Yes up to 90 days
Financing Options
The owner will finance a portion of the purchase price for the right buyer/offer
Listing Info
ID
2544780
Listing Views
Attached DocumentsAttachment Disclaimer

Luxor Listing Verbaige 26-8-22.pdf


Listing ID: 2544780 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. See our full Terms of Use. Learn how to avoid scams.


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