Tupelo Data Room

entertainment and recreation business for Sale in Indiana

Similar businesses sell at 1.3x to 4.1x SDE. Compare live listings and connect with sellers.

Established Family Entertainment & Indoor Recreation Business Opportun photo
Other Entertainment & Recreation
+1

Established Family Entertainment & Indoor Recreation Business Opportun

Tippecanoe County, IN, US

This is an exciting opportunity to acquire an established indoor family entertainment and recreation business serving a strong regional market. The business offers a fun and engaging environment designed to attract families, children, groups, birthday parties, corporate events, college students, and customers seeking year-round indoor entertainment. The business benefits from an established operating model, recognizable concept, and multiple potential revenue streams, including miniature golf, arcade entertainment, parties, group events, and other activities. Its indoor, climate-controlled format provides an attractive entertainment option throughout the year, regardless of seasonal weather conditions. The business offers significant opportunities for a new owner to increase revenue and profitability. A hands-on, owner-operated approach could potentially improve financial performance through closer management of labor costs, scheduling, inventory, purchasing, marketing, customer service, and day-to-day operations. An actively involved owner may also have greater flexibility to develop new revenue opportunities, strengthen local partnerships, increase party and event bookings, and introduce additional promotions and programming. Additional growth opportunities may include expanding birthday party offerings, increasing corporate and group events, developing college and student-focused promotions, introducing memberships and loyalty programs, increasing food and beverage sales, creating seasonal events and tournaments, and expanding the mix of entertainment attractions. The business is located in a market with access to a diverse customer base that includes families, college students, local businesses, and visitors to the area. With the right ownership and focused local marketing, there is potential to further develop the business, increase customer traffic, and encourage repeat visits. This opportunity may be particularly well suited for an owner-operator or an investor seeking an established entertainment concept with multiple avenues for future growth. A motivated new owner who is actively involved in the business could have the opportunity to improve operational efficiency and potentially achieve stronger profitability than under a more absentee ownership structure. The business offers an established foundation with room for a new owner to build upon its existing customer base, improve operations, and capitalize on additional revenue opportunities within the growing indoor entertainment and family recreation market. Confidential Sale: Additional information, including the business name, exact location, financial information, and other proprietary details, will be provided to qualified buyers upon execution of a confidentiality agreement.377

$149,000Asking Price
$378,934Revenue
-Cash Flow
Turnkey tiki boat business!!! RELOCATABLE photo
Other Entertainment & Recreation
+1

Turnkey tiki boat business!!! RELOCATABLE

IN, US

Opportunity abounds with this uniquely positioned tiki boat tour business located in Fishers, Indiana. Premised on a custom-built, Coast Guard-approved tiki boat, this enterprise offers a distinctive way to enjoy Geist Reservoir with room for up to ten passengers per tour. Despite operational constraints due to unforeseen personal circumstances, the business amassed over 40 inquiries in its sole partial season. With no revenue to date, this asset sale includes the custom tiki boat, a built-out website for bookings, and all branding materials. Current operations are manageable, predominantly over weekends with potential for weekday expansion. The sale is primed for a new owner ready to revive its potential, with 40 hours of training provided for a seamless transition.

$169,000Asking Price
-Revenue
-Cash Flow

Market Snapshot

National transaction benchmarks for entertainment and recreation business businesses.

Under $500K

Median revenue$334k
Median cash flow$78k
Median sale price$150k
Multiple range1.3x - 2.8x

$500K to $2M

Median revenue$1.13m
Median cash flow$266k
Median sale price$783k
Multiple range2.6x - 4.1x

Over $2M

Median revenue$3.19m
Median cash flow$978k
Median sale price$2.81m
Multiple range2.8x - 3.7x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about entertainment and recreation business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating entertainment and recreation business acquisitions.

Appraise the real estate and capital condition separately from the operation

Courses, lanes, docks, and venues carry expensive, deferrable maintenance — a typical 18-hole course alone runs $400K–$900K a year in upkeep. Get the land and equipment assessed on their own.

Confirm the licenses and permits transfer

Liquor, gaming, and entertainment licenses are often the most valuable and most fragile part of the deal and may not pass automatically.

Review several seasons, not one

Weather, tourism, and the economy swing this revenue hard; look at multiple years and the off-season carrying cost.

Separate recurring revenue from event revenue

Memberships, slip rentals, and league play are durable; one-off events and bar nights are volatile. Price the recurring base differently.

Quantify the capital you'll need after close

Deferred course work, lane refurbishments, and dock repairs add up fast; budget the real plan, not the seller's.

Understand booking, membership, and reputation dependence

Event pipelines, member rolls, and online reputation drive the calendar — know whether they survive a change of owner.

Frequently Asked Questions

Answers to common buyer questions for this market.

Yes, but they're scrutinized for seasonality, real-estate value, and capital needs. Recurring memberships and well-kept facilities fund more easily than discretionary event nights.