Buy an Entertainment Complex for Sale business for sale in Atlanta on BusinessesForSale.com

  • Advert ID: 626730
  • (Seller ref: 1731457)

Entertainment Complex for Sale


Location:
Category:

Listed by:

Asking price:
$2,100,000 (Furniture / Fixtures included)
Sales revenue:
$5,018,000
Net profit:
$967,000
Years established:
2001

No image available

This is a very unique business. For you, it’s an opportunity to take over one of the most complete “Family Entertainment Centers” in the Country. It includes:
10 Remodeled Movie Theatres that show first run movies with new stadium seating, paint and carpeting. There is a concession area, huge game room, Sports Bar with 4 giant digital projection systems, 32 TV’s, billiards, darts and other games. Other features include a Comedy Club that showcases top nationally recognized touring comedians, Miniature Golf,
Race Cars, Batting Cages, and a Studio Cafe for great quick meals before or after a movie.

If you have the marketing and sales skills to reach the fun and entertainment consumer, this may be the perfect opportunity for you. It’s a very unique business and an opportunity that you will likely never see again. *Sales figures and cash flow are Sellers projections for 2008 based on pre-renovation historical attendance.


Real Estate:
Lease

Expansion potential:
During the last 6 months the current owner has been hampered by all the construction / renovation of the theatres. He has not done the marketing and promotion to grow the business and to get the word out that the renovations are now complete. This is a great opportunity for a new owner to grow the movie attendance which will automatically grow the income from all the other venues at the complex. It is reasonable to project 200,000+ movie tickets sold per year.
Competition / Market:
There is no competition that offers what this complex offers. Competition comes mostly from stand alone single venue companies for miniature golf or game rooms or movies or bars/restaurants. The comedy club has no local competition.
Support & training:
As needed for smooth transition. Solid management in place will likely stay for new owner.
Reasons for selling:
Owner is also a real estate developer with other business interests to pursue.
Financing available:
Possible for the right buyer.
Furniture / Fixtures value:
$438,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell Your Business section.


BusinessesForSale.com recommends
  • GET A DETAILED ANALYSIS OF THIS BUSINESS
  • Compare price and profitablility to similar businesses
  • Accurately value this business
  • Due dilligence checklist
  • View selling price of similar sold businesses
  • Business Buyer Toolbox
  • Click here to view demo
  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted

Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: