Listing Number: 2072022-832086
Description
Semi-Absentee Ownership Opportunity
This Ohio based Family Entertainment Center with a focus on indoor electric karting has a history of strong profitability, and is already operating under a semi-absentee ownership model. This is a turn-key opportunity for a new owner looking to step into a well established business with repeat customers.
The center offers customers the opportunity to race against friends, or in league play, in state of the art electric karts that reach speeds of up to 45 miles per hour.
In addition to electric karting, the center features axe throwing, SIM racing, laser tag, footbowling, foosball and more, ensuring there are plenty of options to keep guests entertained and coming back for repeat visits.
The center also features VIP rooms that can accommodate groups of over 100, making it a frequent choice for corporate events, birthday parties, or any large scale celebration.
Seller financing at 3% interest is available to qualified buyers for up to 20% of the purchase price.
Listing Details
- Price: $ 800,000
- Down Payment: $640,000
- Sellers Discretionary Earnings: $ 242,000
- Total Sales: $ 1,168,000
- Location: Ohio
- Inventory: $ 2,500
- FF&E: $ 50,000
- Employees: 15
- Year Established: 2014
- Reason for Selling: Other business interests
- Category: Recreation
