MergerPlace

Family Entertainment Business

Cincinnati, Ohio (Hamilton)


  • Asking Price: $1,450,000
  • Gross Income: $1,020,000
  • Cash Flow: $406,000
  • Real Estate: Not Disclosed
  • Inventory: $7,500
  • FF&E: $600,000
  • Listing ID: #213620
  • Established: 2014
  • Employees: 25

Business Description

Capitalize on the growing Family Entertainment Industry with this independent multi – event and multi – revenue center venue. Over the past 3 years, sales have increased considerably while owner discretionary earnings have averaged over $400,000. Substantial opportunities remain for growth in both the current business location and additional locations. The facility is in excellent condition, has been well maintained, and many upgrades have been implemented the past few years. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

Strong margins
SBA qualified for a loan
Over 10,000 square foot facility
Clean books and records – all numbers are verifiable
Industry software handles database, point of sale, bookings, and reports
Price includes all assets including inventory, equipment, and intangibles valued at over $600,000


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 25

Financial Information

Asking Price: $1,450,000
Gross Revenue: $1,020,000
Cash Flow: $406,000
EBITDA: $406,000
FF&E: $600,000
Inventory: $7,500
Seller Financing Available: No

Property Information

Facilities:

The facility is in excellent condition exceeding over 10,000 square feet in size. It has been well maintained and many upgrades have been implemented the past few years.

Growth & expansion opportunities:

Additional locations are a real possibility as this entertainment center could realistically have several more Greater Cincinnati locations as well as locations in other cities.

Competition:

Families continue to come back because of the variety of activities, the friendliness of the staff, and the cleanliness of the facility. Those same families tell other families about their wonderful experience and the business continues to grow year after year after year.

Reason for selling:

The seller has other family business opportunities that they have to focus upon.

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers