Family Fun Center for Sale

Contact Seller
Family Entertainment Center on 5.5 Acres
Asking Price:
$1,700,000

Gross Revenue:
$589,000
Cash Flow:
$275,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
not included in asking price

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

Real Estate:
$550,000
included in asking price

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Business Description

White Mountain Family Fun Park is located on the main road (W White Mountain Blvd) in the beautiful White Mountains of Northern Arizona on 5.5 acres with 18 hole mini golf, 3 go kart tracks , 42 go karts, 32 arcades, Brand New Laser Maze, 2 party rooms, redemption & an extended food menu. We purchased the business in May of 2016, and have done extensive re-modeling.
At an elevation of 6,800 feet, Pinetop-Lakeside is surrounded by the natural beauty of the White Mountains, the Apache/Sitgreaves National Forest, and the Fort Apache Reservation. White Mountain Family Fun Park is located 1 mile from Show Low, Arizona which has a Super Walmart, Lowes, Home Depot & Summit Healthcare Regional Hospital. Lots of restaurants & shopping.
Reason for selling:
We have poured our heart and soul into this business for the last 2 years with the intentions of moving to the area and run the business ourselves. We have another business in another state that we haven't been able to sell. With the buinesses being 13 hours apart, we can't keep driving back and forth every 2-3 weeks and have our family seperated to keep both businesses operating. Therefore, we are putting this business for sale.
Please DO NOT call the Fun Park or show up without an appointment. Please call Rachel at 970-819-7544 or e-mail us at npinnandsuites@gmail.com
Improvements Since Purchase:
New Ideal POS System, 2 POS stations, self serve kiosk, back office Desktop Computer
3 New Clovers (Touch Screen Credit Card Machine)
New Cashless Card system
32 Arcades with Ideal swipers/readers (20 Newer)
New Kartrol Shutdown System for the go karts
Brand New 12' x 24' Laser Maze by Funovation (The Vault Theme)
New security LED lights on the outside of the arcade building
2 New Simpli Safe Security Systems, 1 for the arcade & go kart building, 1 for the house
All new LED lights in the parking lot & on both go kart tracks
New camera system with 52 cameras (some with audio) that you can view from anywhere. Plus a 45” flat screen t.v. that you can view all the cameras in the office
All new black lights- inside the arcade
All new black light carpet - inside the arcade
Painted exterior & interior of the Arcade Building
New Redemption Wall & 2 glass redemtion display cases w/ redemption POS station
New Welcome Desk with bartop & 7 barstools
2 new booths
New Enclosed Deep Fat Fryer (Perfect Fry)
New 4-55” flat screen t.v's for menu boards
New 2 -45” flat screen t.v's for redemption & the welcome desk
New Manitowoc Ice Maker
New sign faces with our new logo at the road
12 Banners with logo
New Rules sign on front entrance
New signage at the go kart tracks
New Black Vinyl Chain Link Fence on the front of the property (642')
New Garage 26' x 30' x 9', with 2- 10x8 overhead doors, one 10x8 roll up door
New employee punch in/out clock (Time Clock Plus) plus software
2 new Husky heavy duty welded steel floor storage cabinets for redemption storage (72”x46”x24”)
2 new Husky heavy duty welded steel floor storage cabinets for the office (72”x46”x24”)
New Storage Shed in the go kart track Maintenance Office
Extra Large Helium tank & valves for mylar & latex balloons
2 New Large Chest Deep Freezers
New Microwave (Kenmore)
2 New Water Filtration Systems. 1 for the Arcade Building & 1 for the house (Kinetico)
20 2-way radios & chargers
All new stainless steel body kits on the Shaller Go Karts
New Fenders on the Shaller Go Karts
New Carbon Fiber Seats on the Shaller Go Karts
New Seatbelts, logos & numbers on the Shaller Go Karts
New seatbets & axel covers on the JJ Go Karts
New Cedar Fence around the 500 gallon gas tank at the go kart track
New Cub Cadet 52” Garden Tractor
3 New Flashing Open Signs
New 15' Feather Flag with holder (Says Fun Park Open)
All new fiberoptics installed on the property for Cable

About the Business

Year Established:
2016
Number of Employees:
14
Real Estate:
Owned
Building Sq. Ft.:
15,800
Facilities:
Arcade Building (6,000sqft),2 Party Rooms: (Could be divided in half to make 4 party rooms),Dry Storage Room,Welcome Desk,Miniature golf clubs & balls,Redemption, Employee Break Room,Men & Women's Restrooms,Large Office Upstairs, Enclosed Go Kart Building (7,000sqft),Maintenance Storage Room, Mechanic Shop with tools to work on go karts
Website:
www.whitemountainfamilyfunpark.com
Market Outlook/
Competition:
Their is no competition within 3 1/2 hours.
Growth & Expansion:
There is 5.5 acres total & 1 1/2 acres is undeveloped that many attractions could be added.(Bumper Boats, Kiddie Rides & Batting Cages) Another building could be added with laser tag, rock climbing wall, mini bowling & trampolines.
Contact the Seller

About the Sale

Reason For Selling:
Have another business 13 hours away that we are focusing on
Training/Support:
1 week, and phone support for 30 days. Ideal POS has support for their system.

Listing Info

ID:
1385882
Ad Detail Views:
108

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Business Listed by
Rachel Hendrix

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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