Listing ID: 83012
Sunbelt Business Brokers of Lafayette is pleased to present this indoor recreation and party center. Grab hold of the fun! Ideally located in an excellent, high traffic location, this business has been serving the Acadiana area with birthday parties to remember for over 8years! Business occupies over 10,000 sq ft of space and has party rooms available for rental. Owner wishes to pursue other business interests and is highly motivated to sell. Seller will consider some owner financing for a qualified buyer with a reasonable down payment. Contact us today for more information on this family entertainment center for sale, come meet the owner, see the awesome facility, make offer!
- Asking Price: N/A
- Cash Flow: $70,000
- Gross Revenue: $275,000
- EBITDA: N/A
- FF&E: $30,000
- Inventory: $2,500
- Inventory Included: Yes
- Established: 2010
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Other Business Opportunities
The company was established in 2010, making the business 12 years old.
The transaction shall include inventory valued at $2,500, which is included in the asking price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell operating businesses. However, the genuine factor vs the one they say to you might be 2 totally different things. As an example, they might say "I have too many various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might simply be excuses to try to hide the reality of changing demographics, increased competitors, recent reduction in profits, or a range of other factors. This is why it is extremely essential that you not count entirely on a seller's word, yet rather, utilize the seller's solution combined with your overall due diligence. This will repaint a more sensible image of the business's present situation.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans in order to cover things like inventory, payroll, accounts payable, and so on. Remember that in some cases this can mean that revenue margins are too small. Numerous organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that should be satisfied or may lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area attract brand-new consumers? Most times, companies have repeat customers, which form the core of their everyday profits. Certain factors such as brand-new competitors growing up around the location, road building, and also staff turnover can influence repeat customers as well as negatively influence future earnings. One crucial point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the greater the chance to develop a returning client base. A last thought is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? How might the neighborhood typical family income impact future earnings prospects?