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This Business has been Sold!
Closing Date: 07/01/2019
Broker: Jim Aloi
Business for Sale Summary

Amusement Parks/Arcades in Suffolk County, NY - 27839

Business Type: gym/health club,misc. retail/non-classifiable,sporting goods/ exercise/ gyms,vending machines,amusement parks/arcades/recreation
Sold
Amusement Parks/Arcades in Suffolk County, NY
On July 1st 2019, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $90,000 Down Payment $90,000
Gross Revenues $537,303 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$90,000 Down and

Business Description

Indoor Niche Children's arcade and sports-type complex. This location is 12,000 sq. ft. This listing has parking for about 100 cars, and more if they are valet parked. Located in a very desirable Western Suffolk area and near major shopping mall, located near all parkways on main route. Get details on this new and growing concept, which is very profitable. Build-out and set-up with public assembly permits cost $650k to build. Must see to appreciate. Includes party rooms, a live DJ booth, large rest rooms, high ceilings, and an open floor plan. It also includes a security system, stock areas and an office. Buyer can add more items and add food and drinks to greatly increase income. Seller will train and works short hours. Rent is only $13k. Sale Includes a few hundred thousand dollars of fixture props and equipment. Note- seller's numbers are accurate on tax return. Easy due diligence- established for 5 years. Note- This place does over 300 children's parties per year, with thousands of walk-ins. Must see!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.