PRICE REDUCED Established Experiential Entertainment Facility

Listing Number: 76931-239263

Listing Details

PRICE REDUCED Established Experiential Entertainment Facility
Price: $295,000
Location: Harris County, Texas
  • Down Payment: $185,000
  • Sales: $307,679
  • Seller's Discretionary Earnings: $33,795
  • Inventory: $0
  • Furniture, Fixtures, and Equipment: $130,000
  • Rent: $7,386
  • Employees: 5
  • Year Established: 2017
  • Reason for Selling: other business interests

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For More Information About This Listing
Carmen Saad Hanna, MBA, CBI, M&AMI
CBI
M&AMI

Business Description

This well-known Houston (Texas) entertainment franchise operates a professionally designed, immersive experience complemented by a lounge and bar concept.  The business generates the majority of its revenue from entertainment experiences, with additional income from its bar and lounge operations. The seller invested in significant upgrades and renovations to the facility, and introduced the lounge concept, resulting in improved customer experience and continued growth in sales.
 
Operations are currently run by trained staff and a manager handling day-to-day activities. This makes the business well suited for a buyer seeking a side investment, while also offering a clear opportunity for a hands-on operator to step in and further optimize operations to increase value.
  
Future growth opportunities include expanding corporate and private event bookings, enhancing group and team-building packages, and further developing the bar and lounge offering to increase per-guest spend. This is an attractive opportunity to acquire an established, turnkey entertainment business in the Houston metropolitan area with a recognized brand, upgraded facility, and meaningful upside potential.

The price has recently been reduced to $295K. Included in the price are FFE with an estimated value of $130,000 and leasehold improvements valued at $120,000. Seller is willing to provide financing options to a qualified buyer.