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Businesses For Sale   >>   Movie Theaters Businesses For Sale

Family - Oriented Entertainment Complex

Location  Wyoming,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $679120
Net Profit / Cash Flow  $310620
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  6 - 9
Inventory  Call Broker
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Negotaible as required by Purchaser.
Reason for Sale  Retirement.

This is a fun - family oriented entertainment complex located in Wyoming. This complex features an eight-lane bowling alley, arcade and prize-type games, a recently-remodeled regional pizza franchise restaurant, and a two-screen theater (one of which is 3-D) complex with seating for 200 guests. The movie theater just opened in September of 2011 and the revenues have nearly doubled since that time. The renovation of the restaurant was just completed in December of 2012 and food revenues have increased considerably since that time. The facility sits on a three-plus acre tract. The building is a 20000 square foot structure and includes a 100 square foot office, 300 square foot kitchen, ample dining areas, and ample storage areas as well as the bowling lanes and theater. The real estate is available for sale as well. It has been appraised for $2,265,000 and this includes all permanently-fixed equipment. This area is in a big growth spurt which should cause real estate values as well as annual revenues to increase substantially. New economic development, including a Shop-Ko retail center (a Wal-Mart type center), a new Marriott Fairfield hotel, and a new LDS complex, is now going on in town which will increase not only tourism but will increase the number of permanent residents in the area. There is no competition for about 70 miles as this is the only entertainment complex in a seventy mile radius. The complex is open Monday through Saturday and provides different specials all week long. Call Mark Gilliland (719) 635-8133.

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