Tupelo Data Room
Other Entertainment & Recreation
Active

Unique Corporate and Consumer Entertainment Business

Harris County, Texas, United States
listing image
Asking Price$1.63m
Revenue$1.56m
EBITDA$385k
Cash Flow$460k
Description
Absentee (out of state) owner - Harris County, Texas A dynamic, unique, exciting and fun experiential entertainment concept. First location established in 2006 in Houston TX. The diverse client base comes from both retail and corporate, including Fortune 500 companies. While the owner is absentee, the business operates under a well developed management and operating structure with experienced managers and staff. Highlights: * Great location! High traffic, convenient and easily accessible with ample parking * Proven revenue model with consistent year over year growth and is scalable * Exceptional social media presence and customer reviews (10,000+ 5 star reviews) * Excellent mix customer base (65% consumer/35% corporate), strong foundation for growth, repeat customers * Great culture. Fun for staff-easy to recruit/retain - many part-timers with long tenure * Strong brand which has appeared on several TV news features and influencer pages * National corporate sales team drives repeat business and increases consumer patronage * Unique formula that includes recurring software, display and content updates This is a fun business and an owner can come from a variety of backgrounds. It is not a technical business. Management experience would be helpful. A full-time owner can greatly increase the profitability!
Real Estate
Rent is $18,000 per month
Building Size: 5000 sq. ft.
Furniture Fixtures & Equipment
$400k
Business is
Absentee Owner
Number of EmployeesFull-Time: 2Part-Time: 22
Year Established
2006
Reason Selling
To focus on expanding concept into other markets
Facilities & Assets
Set in a high volume, high awareness retail location. An evergreen FUN environment where people typically participate for an hour or so. A unique concept with plenty of expansion opportunity.
Support & Training
Extensive training is available. A proprietary training and recruiting system is included. Seller is opening this concept in other markets; therefore Seller will be a long term resource and available for ongoing advice and consultation. Though not a franchise, there are operations manuals and systems that would rival most franchise systems.
Market & Competition
In many U.S. and international markets there are no similar experiences. While there are competitors in the Greater Houston Area, none are located in proximity or the trade areas of the business. These locations are separated by distinct competitive advantages: 1) Social Media rankings 2) IP, content and processes making the concept better than the competition 3) Corporate sales systems. There is plenty of business to expand the customer base!
Growth Opportunities
*Expansion of existing customer base *Full-time owner to enhance an already great experience *Opportunity to increase pricing and revenue through other add ons *New locations *New concept offerings to client base
Financing Options
Seller financing is available.Minimal seller note available in some circumstances.
Asking Price$1.63m