Indoor Therapeutic Entertainment Franchise - Absentee Owned!
Business Description
Northern Nevada Indoor Therapeutic Entertainment Franchise - Amazing Growth Potential and Absentee Owned! - SC2263
This Northern Nevada based Indoor Therapeutic Entertainment Business is a Nevada Limited Liability Company that has been in operation for the last almost 2 years. They offer a variety of indoor entertainment options that provide the perfect place to release tension as an individual or as a destination for groups and team building activities. These facilities provide a safe environment to release stress, have fun and enjoy a time out with friends, co-workers or family members! This is an absentee owned business. They currently have over 1,700 Google reviews with an average rating of 5 stars!
This business currently markets through its website and social media platforms. They also have a strong “word of mouth” following as well. They are also using SMS campaigns to help with growth. They have only been in operations for under 2 years, and they are growing quickly and are in a highly desirable location. The current business model is more family friendly forward, and so they do not serve alcohol at the location. There is an opportunity to add alcohol to current business that could offer significant upside opportunity through alcohol sales (already implemented successfully at other franchise location), which can materially increase revenue and margins.
Financial Information
$445,000 Asking Price
On request Cash Flow
$500,000 Gross Revenue
$374,000 Down Payment
Yes Financing
On request Adjusted EBITDA
Business Location
City: Northern Nevada
State: Nevada
Financing Comments
Seller financing may be available for up to 25% of the purchase price at 8% interest over 4 years. The actual amount offered for Seller financing will be dependent on offered purchase price and quality of the Buyer.
Reason for Sale
The reason for selling is Seller has a full-time role and does not have time to focus on the business.
Detailed information
Year Established: 2024
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 2
Contractors: N/A
Owner Worked Hours/w: 5
Inventory Included: No
Inventory Value: N/A
Monthly Rent: $11,338
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 6637
FF&E Included?: Yes
FF&E Value: $85,000
Training/Support
Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There will also be training and support provided from the Franchisor.
Facilities
This business operates out of a newly refurbished 6,637 square foot space with base rent of $11,338 and monthly CAM charges of $5,432. Almost $1M was spent on the buildout and tenant improvements in the space. With the larger facility, then can accommodate large groups and corporate events (200+ capacity), providing strong potential for private events and high-margin bookings.
Market Outlook/Competition
This is a franchise model, and they were the 4th location in the United States and they have exclusive rights in a 20-mile radius. Today, there are over 100 locations signed up across the United States and 10 locations up and running, so this is a fast-growing franchise.
CA 02100708; NV 1003039
This Northern Nevada based Indoor Therapeutic Entertainment Business is a Nevada Limited Liability Company that has been in operation for the last almost 2 years. They offer a variety of indoor entertainment options that provide the perfect place to release tension as an individual or as a destination for groups and team building activities. These facilities provide a safe environment to release stress, have fun and enjoy a time out with friends, co-workers or family members! This is an absentee owned business. They currently have over 1,700 Google reviews with an average rating of 5 stars!
This business currently markets through its website and social media platforms. They also have a strong “word of mouth” following as well. They are also using SMS campaigns to help with growth. They have only been in operations for under 2 years, and they are growing quickly and are in a highly desirable location. The current business model is more family friendly forward, and so they do not serve alcohol at the location. There is an opportunity to add alcohol to current business that could offer significant upside opportunity through alcohol sales (already implemented successfully at other franchise location), which can materially increase revenue and margins.
Financial Information
$445,000 Asking Price
On request Cash Flow
$500,000 Gross Revenue
$374,000 Down Payment
Yes Financing
On request Adjusted EBITDA
Business Location
City: Northern Nevada
State: Nevada
Financing Comments
Seller financing may be available for up to 25% of the purchase price at 8% interest over 4 years. The actual amount offered for Seller financing will be dependent on offered purchase price and quality of the Buyer.
Reason for Sale
The reason for selling is Seller has a full-time role and does not have time to focus on the business.
Detailed information
Year Established: 2024
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 2
Contractors: N/A
Owner Worked Hours/w: 5
Inventory Included: No
Inventory Value: N/A
Monthly Rent: $11,338
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 6637
FF&E Included?: Yes
FF&E Value: $85,000
Training/Support
Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There will also be training and support provided from the Franchisor.
Facilities
This business operates out of a newly refurbished 6,637 square foot space with base rent of $11,338 and monthly CAM charges of $5,432. Almost $1M was spent on the buildout and tenant improvements in the space. With the larger facility, then can accommodate large groups and corporate events (200+ capacity), providing strong potential for private events and high-margin bookings.
Market Outlook/Competition
This is a franchise model, and they were the 4th location in the United States and they have exclusive rights in a 20-mile radius. Today, there are over 100 locations signed up across the United States and 10 locations up and running, so this is a fast-growing franchise.
CA 02100708; NV 1003039
About the Business
- Years in Operation
- 2
- Employees
- 4 (2 Full-time, 2 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- FF&E Included?: Yes
FF&E Value: $85,000
This business operates out of a newly refurbished 6,637 square foot space with base rent of $11,338 and monthly CAM charges of $5,432. Almost $1M was spent on the buildout and tenant improvements in the space. With the larger facility, then can accommodate large groups and corporate events (200+ capacity), providing strong potential for private events and high-margin bookings. - Market Outlook / Competition
- This is a franchise model, and they were the 4th location in the United States and they have exclusive rights in a 20-mile radius. Today, there are over 100 locations signed up across the United States and 10 locations up and running, so this is a fast-growing franchise.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,637
- Rent
- $11,338.00 per month
About the Sale
- Seller Motivation
- The reason for selling is Seller has a full-time role and does not have time to
- Transition Support
- Seller is willing to provide training at 20 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There will also be training and support provided from the Franchisor.
- Financing Options
- Seller financing may be available for up to 25% of the purchase price at 8% interest
Listing Info
- ID
- 2485713
- Listing Views
Listing ID: 2485713 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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