Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Fast Growing VR Gaming Cafe with Low Overhead
(Amusement/Recreation)
Collin, Texas
Listed Price: $ 99,000
Listing ID: 000853

Listing DetailsDown Payment: $ 49,500
Gross Revenue: $ 70,000
Cash Flow: $ 35,000
FFE: $ 65,000 (Included in Price)
Inventory: $ 300 (Included in Price)
Reason for Sale:

Education/Other Opportunities


Training & Support:

The owner of the business will provide substantial training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Virtual Reality Gaming Cafe with low overhead and fast growing sales is available for acquisition. This business was first established by the current owner of the business in late-2016. Most of the customers are young adults from the surrounding densely populated residential neighborhoods and families that live away from the local area that hears about the high-end equipment that this business has available. Some of the equipment that this business has is very limited in the DFW metroplex and with proper marketing should easily attract many individuals to this business. Gross sales of this business is around $70,000/year that has been increasing since inception of the business, but this business has much more potential for growth in this niche industry and has the additional benefit of low overhead. Marketing is required for this business to grow further as proactive marketing through all methods will help this business generate more cash flow and acquire new customers throughout Texas. There are many ways to proactively market this type of business such as direct mailing, print ADs, more VR equipment, vending machines, first-time customer promotions, more conventions, retail items and expanding the facility to accommodate for additional stations. Expanding the facility will be imperative to this business growing their sales as well as being able to handle a larger load of customers at one given time as walking space is crucial for optimally running a VR business. The low overhead for this business is optimal for any potential buyer to generate more sales as the expenses doesn't rise with the sales like most businesses out on the market. This business has everything in place for a potential buyer to proactively market this business while being fully involved in growing the business on a day-to-day basis.


Competition:

There are no competitors within the immediate market area of this business.


Potential Growth:

There is some marketing in place through bundle deals and conventions, but other proactive marketing methods needs to be utilized for this business to generate more cash flow.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1468
Facilities:

This business is located in a 1,468 SF end-cap space of a retail strip center that is placed nearby several high-end residential neighborhoods and major highways.


OperationYear Established: 2016
Absentee Owner: No