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Verified Listing

Two Family Entertainment Venues In Central Texas

For Sale in TX

Listing ID: VEN760 | Broker Listing ID:

Financial & Assets Details

$7,178,000
$1,829,000

About the Business

Business Description

The business is a collection of two entertainment venues in central Texas. Both locations offer numerous activities alongside full-bar service, food service, and a banquet hall.

Key aspects
· Highly profitable company with excellent cash-flows
· Both locations have adjusted EBITDA above 21% of revenues
· Revenue concentration is diversified across multiple segments
· Great reputation due to strong focus on customer satisfaction
· Full-time staff members are dedicated with minimal turnover
· Operates out of central Texas, one of the most rapidly growing areas in the country
· Multiple large cities within the company´s expansion range
· Numerous opportunities for geographic and revenue growth
· License for full-bar services and food service capabilities

Opportunities
· Expand geographical market by constructing additional locations in nearby major cities
· Expand current facilities by adding outdoor activities
· Business model has the potential to be a national brand
· There is potential to franchise the brand

Headquartered
· Central Texas

Current markets
· The business serves customers in the central Texas area.

Real estate
· The company operates out of two entertainment facilities. One location is owned and the other location is leased from a related party.

Shareholder/owner objectives
· The owners´ goal is to sell both entertainment locations and are open to deal structure to achieve their goals.

Listing ID: VEN760