Business Overview

The business for sale is an adventure and fun park located in the central Arkansas region. The park is excellent for families, groups, corporate retreats, summer camps and more. It is located in a beautiful setting in the central Arkansas region that calls to visitors. The lease negotiated by the current owners cannot be beat. If you love helping others have fun and have new experiences, this is the business for you.

Financial

  • Asking Price: $349,000
  • Cash Flow: $103,228
  • Gross Revenue: $288,018
  • EBITDA: N/A
  • FF&E: $288,000
  • Inventory: $1,200
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is a longstanding business with almost a decade of brand building and a track record of success. The current owners and founders took care setting up the business and made many investments for quality and longevity of the operation.

Is Support & Training Included:

2 weeks

Purpose For Selling:

divesting assets

Pros and Cons:

Current competition is minimal. The fun park has a unique approach to business and has partner agreements in place that set it apart from the competition.

Opportunities and Growth:

There is opportunity to add additional attractions or to increase traffic by targeting specific groups and summer camps.

Additional Info

The company was founded in 2010, making the business 12 years old.
The sale will include inventory valued at $1,200, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell businesses. Nonetheless, the true reason vs the one they tell you may be 2 completely different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competition, recent reduction in incomes, or an array of other factors. This is why it is extremely vital that you not depend entirely on a vendor's word, but rather, use the seller's response along with your overall due diligence. This will repaint a more reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous companies take out loans so as to cover points such as stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can mean that earnings margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that need to be satisfied or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area bring in new clients? Most times, operating businesses have repeat consumers, which form the core of their day-to-day revenues. Certain aspects such as new competitors growing up around the location, roadway building, as well as employee turn over can influence repeat consumers as well as adversely influence future earnings. One vital thing to think about is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the greater the opportunity to construct a returning client base. A final idea is the general location demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Just how might the local average household income impact future income prospects?