Hot Listing
Established Arcade and Entertainment Center
Business Description
Great Opportunity to Purchase a Key-Turn Business
The business is a privately owned arcade and entertainment center in Washingtonstate. The business has arcade games, mini golf, go carts, bumper boats, batting cages and outside picnic areas. All assets of the business are available as an asset sale. The parcels are included in the sale.
The business was started decades ago and purchased by its current owner in January 2018.
Business Hours:
Drive Thru Hours:
Monday –Thursday 11:00 am –9:00 pm
Friday 11:00 am –10:00 pm
Saturday 10:00 am –10:00 pm
Sunday 10:00 am –9:00 pm
The business has 26 staff members: one general manager, one head of maintenance, and the remaining employees are part time, typically high school or college students, and the number fluctuate.
The business has an Amusement Games license from the State of Washington. The new owner will need to apply for a license.
The current owner is selling in order tofocus other investment opportunities. The owner is willing to stay on for up to 30 days unpaid to transition the business. The general manager runs the day to dayactivities, and the current owner has very little involvement. The seller may be willing to provide financing.
Complete detailed information about the company is available with a signed non-disclosure agreement.
The business was started decades ago and purchased by its current owner in January 2018.
Business Hours:
Drive Thru Hours:
Monday –Thursday 11:00 am –9:00 pm
Friday 11:00 am –10:00 pm
Saturday 10:00 am –10:00 pm
Sunday 10:00 am –9:00 pm
The business has 26 staff members: one general manager, one head of maintenance, and the remaining employees are part time, typically high school or college students, and the number fluctuate.
The business has an Amusement Games license from the State of Washington. The new owner will need to apply for a license.
The current owner is selling in order tofocus other investment opportunities. The owner is willing to stay on for up to 30 days unpaid to transition the business. The general manager runs the day to dayactivities, and the current owner has very little involvement. The seller may be willing to provide financing.
Complete detailed information about the company is available with a signed non-disclosure agreement.
About the Business
- Number of Employees
- 26
- Facilities & Assets
- Two parcels of land that include the mini golf, go carts, bumper boats, batting cages and outside picnic areas.
The business rents space for the arcade games. Base rent is $2,787.50 per month . Gross percentage rent is the amount by which 6% of total sales exceeds the base rent, due by Feb 1 of each year. The tenant pays it’sown utilities, and also pays it’s percentage share of operating expenses and taxes. All equipment (arcade games, go karts, bumper boats, kitchen equipment, batting cages, etc.) are included. - Market Outlook / Competition
- There are few competitors in the area, and none that offer as wide a variety of activities. The business is very active on social media, primarily Facebook and Instagram, where it is able totarget it’sspecific customer demographic.
- Opportunities for Growth
- The business could grow through more indoor activities and events. One example would be the restaurant offerings and a lounge for parents.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- The current owner is selling in order to focus other investment opportunities.
- Transition Support
- The owner is willing to stay on for up to 30 days unpaid to transition the business. The general manager runs the day to day activities, and the current owner has very little involvement.
Listing Info
- ID
- 2409203
- Listing Views
- 209
Attached DocumentsAttachment Disclaimer
Listing ID: 2409203 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.
Businesses for Sale Entertainment & Leisure Businesses for Sale Other Entertainment & Leisure Businesses for Sale
