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- RE: Family Entertainment At Its Best!
- Contact: Tom Nelson
Quick Facts
Asking Price: | $1,999,999 | |
Annual Revenue: | $1,056,105 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $817,433 | |
Total Debt: | Not Disclosed | |
FF&E: | $600,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2024 | |
Employees: | 11 | |
BBN Listing #: | 979310 | |
Broker Reference #: | 7605-18595 |
Business Overview:
Investing in a family focused entertainment business offers a unique opportunity to tap into the growing leisure and entertainment industry. Family outings have become increasingly popular as an activity, appealing to a wide demographic that includes children, young adults, and even corporate groups looking for team-building activities. With the rise of experiential entertainment, this business attracts a steady stream of customers, providing a reliable income source. Additionally, the low overhead costs associated with operating this business, compared to more extensive amusement park model, make it an attractive investment for those looking to enter the hospitality sector.
Another compelling reason to purchase a family entertainment business is the potential for creative and innovative expansion. Owners can enhance their offerings by incorporating themed events, integrating food and beverage services, or hosting special events like birthday parties and corporate outings. These additions not only increase customer engagement but also diversify revenue streams. Moreover, a well-designed family focused business can serve as a community hub, fostering relationships with local businesses and organizations, which can lead to partnerships and increased visibility.
Finally, the family entertainment industry is adaptable, allowing owners to pivot based on changing consumer preferences and market trends. Whether it’s introducing new technology for enhanced experiences or adjusting the business design to reflect seasonal themes, the flexibility inherent in running this business can lead to sustained growth and profitability. The combination of a fun, interactive environment and the opportunity for continuous improvement makes owning this business an exciting venture with long-term potential.
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Property Features and Assets:
Boasting over 4,500 square feet of business and retail space provides a well rounded space meeting the family fun milepost for all ages.
Assets = $836,899
Market Competition and Expansion:
Competition in this business model refers to the various entities and factors that vie for customers' attention and business within the recreational market. This competition can come from several sources:
Direct Competitors: These are other family focused businesses in the same geographical area. They may offer similar experiences, themed events, pricing, and amenities. The level of competition among these direct rivals influences pricing strategies, marketing efforts, and customer service standards.
Alternative Activities: This family focused business competes with a range of other entertainment options, such as bowling alleys, escape rooms, amusement parks, and outdoor sports like disc golf. These alternatives can attract the same demographic looking for leisure activities, thereby affecting customer participation in this business model venue.
Market Trends: Seasonal events, festivals, or new attractions can shift consumer preferences and impact mini-golf attendance. For example, if a new trend in entertainment emerges—like virtual reality experiences or pop-up attractions—mini-golf courses may need to adapt to maintain their appeal.
Overall, successful mini-golf businesses must continuously evaluate their competitive landscape, focusing on unique offerings, customer experience, and innovative marketing strategies to stand out in a crowded market.
The growth potential for this business is significant, driven by the increasing demand for family-friendly entertainment and experiential activities. As more people seek out leisure options that provide fun for all ages, family focused business stands out as an accessible and engaging choice. This demand is further amplified by trends such as “staycations” and local tourism, where families are looking for nearby recreational activities. Additionally, the rise of social media has transformed the business into a popular venue for events, gatherings, and even photo opportunities, which attracts a younger demographic keen on sharing their experiences online.
Moreover, the adaptability of this business allows for innovative expansions that can tap into new markets. Integrating a themed venue, food and beverage services, or interactive elements like augmented reality can enhance the customer experience and draw in larger crowds. Seasonal events, such as holiday-themed nights or tournaments, can also stimulate repeat visits and encourage community engagement. As businesses continue to adapt to consumer preferences and explore creative avenues for growth, the industry is well-positioned for long-term success, making it an appealing investment opportunity.
Reason for Selling:
Sellers are looking to start their next business.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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