Tourist Attraction

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Tourist Attraction with much room for growth.
Asking Price:
$250,000

Gross Revenue:
$150,000
Cash Flow:
$60,000
EBITDA:
$60,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is a seasonal (May thru October) turn key business with the basic theme of "there is much room for growth." It is a great business as you are selling an experience over and over again. Salem Time Machine currently has three sources of revenue, all of which there is much room for growth. There is an inside walking tour of Old Historic Salem during the summer, Haunted House during October as well as an outside walking tour during the summer thru October. Other sources of income we have not tapped into are retail sales, online sales and group sales/tours. This is a great business just waiting for the right person or people to take the reins!

About the Business

Year Established:
2008
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
2,121
Lease Amount/Mo.:
$3,182.00
Lease Expiration:
12/31/2022
Facilities:
Salem Time Machine is located in the heart of the tourist section of down town Salem, across from the Salem Visitor Center, one of the main parking garage's and next to the Peabody Essex Museum (PEM). STM is a turn key business including props, website, everything... Too much to list.
Website:
salemtimemachine.com
Market Outlook/
Competition:
Growing market over the last 10 years as Halloween gets more popular, Salem attracts more and more tourists every year and only a couple of new tourist attractions have been started.
Growth & Expansion:
Pros: Easy growth without much work.

Cons: Constrained by customer put-thru/hour.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
We will train the buyer.

Listing Info

ID:
1393129
Ad Detail Views:
440

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Business Listed by
Mark Van Dell

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U.S. Census Data for Essex County, MA
Age

Gender

Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Essex County, MA
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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