80% Absentee - Profitable Family Entertainment Center in Denver Metro!
Asking Price: | $825,000 |
Gross Revenue: | $750,000 |
Rent: | $7.35/SF/Year |
FF&E: | $447,591 |
Cash Flow: | $93,000 |
Inventory: | $500 |
EBITDA: | $159,000 |
Established Year: | 2018 |
Turn-Key Operation with room for Growth!
Business Description: STEM Themed Family Entertainment Center
Excellent Opportunity to own a unique Turn-Key Family Entertainment Center. Located in the Denver North Metro, this STEM (Science, Technology, Engineering & Math) themed entertainment center is a favorite family destination in a highly populated area, serving more than 47,000 people in the last year, alone! Fully recovered from COVID, this business includes FF&E and an amazing staff that have been running the establishment with owners living out of state for two years. This is an ideal opportunity for either an entrepreneur interested in owning and operating their own business or an investor looking to strengthen their portfolio.
The STEM aspect of this business sets the brand apart from competitors and the education component attracts a wide variety of customers and allows for multiple additional revenue streams to be leveraged. In addition to general admissions, parties, and the café, Summer Space Camps fully populate what would normally be a seasonal lull in the area, and Winter Space Camps boost sales of our other offers during peak months, with many other avenues that could be explored. Field Trips attract schools and day camps from a 60+ mile radius. Denver’s tourist market also means that we have had visitors from all around the globe, with even some repeat out of country visitors!
This is a TURN-KEY operation with well-defined procedures for every aspect of operation; Documentation and operational instructions are available for all equipment and procedures include camp curriculums, operations checklists, job descriptions, training manuals, safety procedures and protocols, and vendor lists. One month of in-person training included, with additional remote support available for 6 months.
With an extensive existing customer database, active social media channels with a large number of followers, excellent reviews and a strong community of dedicated regular customers who recommend us, this business is ready to go to the next level with the right buyers.
The business model is an original concept, not a franchise, although it is already positioned to expand as a franchise if new owners wanted to proceed in that direction. This is the final year on the original lease with a locked in Renewal Clause, so if you act quickly you can enjoy the advantage of an unheard-of low lease rate for the Denver area.
This FEC is located in an ideal demographic, with the median income well above $100,000 and an extremely high percentage of families with children in the age range served by this business. It includes many stay-at-home parents as well as families that employ nannies. This demographic values, and can afford, high quality family entertainment and love adding a fun element of informal education for their kiddos!
If you are interested in getting more information, please complete the Buyer Qualification form below and we will send you our NDA (non-disclosure agreement). We look forward to connecting with you!