Well Established Adult Arcade in Broward County For Sale

Business description

? 51 Machines and Chairs (Owned).
? Room available for Expansion of Machines
? 25 Extra Game Boards.
? Located on Main Thoroughfare near all Major Highways.
? Extremely Loyal Clientele- Low Payouts- High Re-Play
? 2250 Square Feet
o Lease Commenced January 2009 @ $1800 per Month
o Lease Expires January 2014
o Two Five Year Options available
? Five Employees- Two work 3 days, two work night shifts only and one works day shifts only.
? Owner only works about 20 hours a week.
? Open seven days a week 10am- Close
? 125K FF&E, 1K Inventory, and 25K Leasehold Improvements Included.
OWNERS WILL ENTERTAIN AND CONSIDER ALL OFFERS...
? Asking Price 150K
? Completely Confidential Sale

Property information

Real Estate:

Lease

Lease terms:

Expires 2014 with 2 five year options

Leasehold rent:

$1,800 per annum

Location:

Great location, heavy traffic, unincorporated area...

Size in square feet:

2,250

Other information

Expansion potential:

Room to expand if necessary

Competition / Market:

Local Competition, they have a very loyal clientele

Support & training:

Two weeks training at no cost...

Reasons for selling:

Other business ventures

Trading hours:

10am-close monday-sunday

Financing available:

Inquire with Broker and bring all offers...

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$1,000 (included in the asking price)

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