Trampoline Park and Recreation

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Sales is up 34% in first quarter with projection of $409,000 Cash Flow for 2019
Asking Price:
$1,100,000

Gross Revenue:
$1,617,183
Cash Flow:
$273,812
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$500,000
included in asking price

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Business Description

Sales is up 34% in first quarter of 2019 with revenue projection of $1,865,281 and Cash Flow of $409,000. This is a very attractive entertainment, Amusement, Exercise and Competition center Franchise for adult, children, whole family, Birthday Parties, and exciting corporate Events. Current owner has three businesses and not much time to devote to this business. The business has variety of arcade machines, trampoline, main court, kid’s court, Dodgeball court, slam dunk basketball, foam pit, and café. The business offers variety of exciting activities for Birthday parties, group and corporate events. Since the business is new the market awareness is not strong yet and gradually growing, the business needs an owner operator with better marketing and outside sale to attract more families and companies for their event.

About the Business

Year Established:
2017
Number of Employees:
51
Real Estate:
Leased
Building Sq. Ft.:
24,300
Rent:
$13.00 Per Month
Lease Expiration:
5/31/2028
Facilities:
The business is located in a major plaza and anchored with many popular nationwide businesses with easy access and plenty of free parking.
Market Outlook/
Competition:
This is a new, fast growing business and offers variety of interesting services.
Growth & Expansion:
Garage Franchise location volume is over $2,300,000 and this franchise has potential to grow to new level but needs an owner who can devote proper time to operation and marketing. New owner may be able to add Laser Tag to grow the revenue. The business needs an owner operator with good marketing skills to take this business to new level. Day after day more people become aware of this exciting amusement center, increasing the marketing efforts could help to grow the revenue faster.
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About the Sale

Reason For Selling:
Owner has three businesses and no time to devoted with this company.
Training/Support:
No experience is required, Franchisor and Management will provide training to new buyer for smooth transition.

Listing Info

ID:
1567116
Ad Detail Views:
197

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$
months
Please confirm you're not a robot
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Business Listed by

Mike Zarinbaksh, MBA, CBI, M&AMIC

Sunbelt Business Advisors

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