Multi-location indoor family entertainment centers with food/beverages
Business Description
Franchisor Opportunity: The 3 facilities are first and foremost an indoor area for active children to play. Parents are encouraged to accompany their children on the playscapes, in the laser cave and around other areas. However, there are also areas where the parents and caregivers can relax and watch television, check emails, make telephone calls or tap into the free wi-fi.
• Revenue comes from several services and products, including:
• Individual admissions
• Membership passes
• Private parties and group events
• Healthy food and beverage choices
• School fundraising
The combination of products provided to a customer can vary from a single visit enjoying a cup of coffee to a private party with several dozen adults and children.
The six-month period from November through April generates over 68% of the annual sales with the spring/summer months responsible for 32% of sales. Revenue in the spring/summer months is enhanced by an emphasis on private parties.
• Revenue comes from several services and products, including:
• Individual admissions
• Membership passes
• Private parties and group events
• Healthy food and beverage choices
• School fundraising
The combination of products provided to a customer can vary from a single visit enjoying a cup of coffee to a private party with several dozen adults and children.
The six-month period from November through April generates over 68% of the annual sales with the spring/summer months responsible for 32% of sales. Revenue in the spring/summer months is enhanced by an emphasis on private parties.
About the Business
- Years in Operation
- 23
- Employees
- 13
- Facilities & Assets
- One building is included in asking price, however the owner will lease the building if desired. Other locations are leased in strip malls. Assets are primarily play areas, sofas, televisions, climbing towers, laser tag, kitchen equipment, etc.
- Market Outlook / Competition
- Very large market with limited direct competition. This company is a ‘healthy alternative to Chuck E. Cheese’ where the games and play area are focused on ‘active’ play and exercise. Likewise, the food options are wraps, salads, fruit snacks and other ‘limited processed foods.’
- Opportunities for Growth
- Significant growth potential. Company was designed and built with franchising in mind, so everything is systematized. Growth within the current locations has been due to added catering and birthday party services along with revised pricing models. New locations would benefit from improvements made in the past few years.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 20,000
About the Sale
- Seller Motivation
- After 21 years of ownership, the founder is interested in retiring.
- Transition Support
- Owner will happily support the transition process. The company was established with franchising and an absentee owner in mind.
- Financing Options
- Extensive financial information available... by location, by year, by P&L line item.
Listing Info
- ID
- 2206448
- Listing Views
- 1599
Listing ID: 2206448 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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