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- RE: League And Corporate Entertainment Venue
- Contact: Bill Kelly
Quick Facts
Asking Price: | $195,000 | |
Annual Revenue: | $207,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $60,884 | |
Total Debt: | Not Disclosed | |
FF&E: | $40,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 6 | |
BBN Listing #: | 986489 | |
Broker Reference #: | 9525-555036 |
Business Overview:
This successful entertainment venue was started in 2019. It was built offering a unique service that is competitive and loads of fun. Perfect for date night, birthday parties, corporate team building and more. This is the perfect business for a semi-absentee owner who wants to have fun while earning money. There is also a second location being sold separately or together. This opportunity is custom made for a young entrepreneur willing to roll up their sleeves and take this business to the next level, perhaps with franchising.
All employees are well trained and paid with W2 statements. Some are long term and some are newer hires but the Seller believes all will be willing to stay after the sale.
The location was chosen to attract upper income young professionals and small and large corporate parties. The venue has undergone a complete build out with a fun atmosphere and comes fully equipped.
The monthly rent is modest and a long term lease is available. The Seller has a separate long-term career in entertainment and must move to another region of the country to continue it. This is a simple business, but the Seller is willing to stay for 30-days of training and longer (if compensated) to insure a smooth, successful transition.
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Property Features and Assets:
Monthly Rent: $2,808.00
Square Units (Foot, Meter): 3,000
Lease Expiration Date: May 31, 2025, 12:00:00 AM
Market Competition and Expansion:
Competition:
There is one local competitor with a similar venue which has one store. This company can be easily expanded to new locations in the area.
Expansion:
This opportunity is custom made for a young entrepreneur who can take this business to the next level, perhaps with franchising. A good sales and networking leader is all that is required to build more local business.
Reason for Selling:
RelocatingAdditional 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
Relevant Links:
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