MergerPlace

Profitable Family Fun Center

California


  • Asking Price: $799,000
  • Gross Income: $1,634,139
  • Cash Flow: $200,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #201715
  • Established: 2010
  • Employees: 39

Business Description

Profitable Family Fun Center in a rapidly growing family fitness and fun industry with management in place in a prime area of Ventura County. This complex is a flagship location and is highly customized and built out with capacity for growth and the ability to add other services or games or workout sessions for adults and kids to increase revenue. Cost to duplicate today would be over $1.5M+ and take a tremendous amount of time to obtain permits and build out the facility, as per seller. The facilities are arguably the most well-groomed and well designed in the nation for their industry. A large inventory of furniture, fixtures and equipment is included in the purchase price. Pride of ownership is evident as you enter the facility, and clearly benefits the bottom line. A favorable long term lease is in place as well. Landlord may cooperate on a longer lease.

Long term, trained employees are in place including a general manager and other management positions. The current owners are NOT actively working in the day to day operations of the business. This location is for sale as well as another location within a 30 minute commute. The business can be purchase separately or as a package. Please see our other ad. One location is listed at $799,000 and the other location is listed at $1,799,000. All financial information in this ad is specific to this location. A favorable franchise agreement is in place that Seller will discuss further. In addition to these locations, the franchise agreement includes the franchise development rights for 2 additional key locations in the Los Angeles basin with an ideal demographic for the business.

These family fitness and sports complexes offer access via membership as well as drop-in basis. There are free-play, organized sports and exercise classes to choose from, as well as events such as birthday parties and corporate team-building days in well-designed rooms within the facility. Significant additional revenue streams are gained from arcade and food concessions. The 41,000sf facility has room to add additional items. Marketing tools are in place including Interactive website, Mobile Apps, Social Media. In addition, promotional marketing such as Themed Party Nights, Coupons and Newsletters keep the momentum going. Seller will discuss other potential marketing campaigns and services that could increase revenue. As per the seller, revenue in the recent months has been trending upwards. As per seller, the 2016 cash flow of $200,000++ is based on the tax return and or P&L and does not include certain items which the seller will discuss. This is a unique opportunity to purchase a highly improved, turn-key operation with management in place and room for growth.

Please note, this is a highly confidential matter and no additional information will be provided unless buyer has signed a confidentiality agreement, provided a buyer profile or resume and proof of funds or financial ability to purchase the business. Please click on the reply button above or e-mail your contact information to info@certifiedbizbroker.com or call 818-519-9672 to learn more about this unique opportunity.


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: California

Company Information

Year Established: 2010
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 39

Financial Information

Asking Price: $799,000
Gross Revenue: $1,634,139
Cash Flow: $200,000
Seller Financing Available: Yes

Property Information

Facilities:

Highly improved facility

Growth & expansion opportunities:

Seller to discuss

Competition:

Seller to discuss

Reason for selling:

The ownership consists of several investors who are looking to dissolve their partnership.

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Matt Coletta

Certified Business Broker