Broker Name:Kevin Chung
Broker Email:info02@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Family Oriented Indoor Entertainment Center With Real Estate
(Amusement/Recreation)
Denton, Texas
Listed Price: $ 4,000,000
Listing ID: 000818

Listing DetailsDown Payment: $ 600,000
Gross Revenue: $ 1,119,669
Cash Flow: $ 553,117
FFE: $ 125,000 (Included in Price)
Real Estate: $ 2,000,000 (Included in Price)
Inventory: $ 15,000
Reason for Sale:

Other opportunities.


Training & Support:

The owner of the business will provide the necessary training and accommodations to smoothly transition into the business operation as seamless as possible.


Listing SummaryBusiness Description:

Prime location highly profitable indoor entertainment facility for paintball and birthday parties including real estate that has been operating for 13 years is now available for acquisition. This business was established by the current owner in 2006 and the current owner has made radical changes to make the business into more family-oriented, safer environment, and more enjoyable experience for all patrons, including guardians of the children. This change has made the business highly successful and profitable year after year while the rest of the industry was losing business. This business is only open on the weekends and rarely on weekdays for special events This business located in a climate controlled 25,889 SF freestanding indoor facility sitting on 2 acres of land with ample parking space that is conveniently placed right next to major road and a major highway, which makes it easy to get to and from large demographics areas of several surrounding cities. Since it is a indoor facility, the weather does not affect sales in any way, whether it is hot or cold. The customers are made up of all age groups and demographics from paintball enthusiasts to professionals, but majority are children between the ages of 7 and 13. Although this facility mainly hosts children's birthday parties, other event such as bachelor parties, school events, and corporate team building events are held at the facility. Competition can be expected for this type of industry, but this business has been very well positioned by exploiting the niche market and has dominated paintball industry in the immediate market as well as the surrounding metroplex for 10+ years and has expanded into additional locations in the past several years due to its huge success and demand and just last year, over 22,000 people have come to play. The biggest competitive advantage for this business is that friendly and knowledgeable staff is available at all times, quality rental equipment, a clean and inviting facility that will cater to the entire family, and the availability of the equipment that are lighter and less painful specifically geared towards younger children. This family-oriented business focuses on making sure all the guests and the children have fun, but just as important is making the parents feel comfortable and at ease and the facility has a spacious lobby with open seating, free Wi-Fi and a large viewing glass wall for the parents and patrons to watch them play. This business is very highly profitable and yields 90% profit margin of gross revenue, as overhead cost, inventory requirement, and cost of goods sold are at minimal. Gross sales have been very consistently growing and just hit $1 million mark in gross revenue for 2018 and outlook for future growth is positive. The owner is minimally involved in the general operation and fully staffed with knowledgeable and customer service oriented employees. This business has become a cash cow and the owner has successfully grown and expanded this business into what it is now with radical changes and differentiating his business from similar industries and this business has everything in place for the potential to become even more successful in the future.


Competition:

There are other amusement related businesses in the immediate market area, but there are no direct competitors that could compete with this one of a kind business.


Potential Growth:

Despite the overall down trend in the paintball industry, this business has flourished in popularity and in revenue year over year. The number of players and revenue has increased each year for the past several years. The new owner may expand the main area and shorten the playing field to accommodate more players and to add room for more arcade games. The new owner may increase overall revenue by carrying paintball guns and other retail items for sale.


Financing/Terms:

100% cash at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers.


LocationSquare Footage: 25889
Facilities:

This business is approximately 26,000 SF free standing indoor facility on a 2 acre lot, which has ample space for parking to accommodate several groups of people at the same time. This facility is climate controlled and offers free Wi-Fi and complimentary beverages. Since booking is done by mostly mothers of the children, the women's bathroom are kept extremely clean and a huge glass wall has been added so that the parents could be included in the experience by being able to watch their children at all times.


OperationYear Established: 2006
Employees: 8FT/2PT
Absentee Owner: Yes