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Businesses For Sale   >>   Other Entertainment and Leisure Businesses For Sale

Growing Entertainment Group (Bingo, Food, and Arcade) with $256,302 Cash Flow

Location  Florida,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $5000000
Net Profit / Cash Flow  $256302
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1993
Number of Employees  20 - 34
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  owner will train new owner
Reason for Sale  owner wants to retire

Description  
This Entertainment Group has grown steadily for more than ten profitable years at a prime location in a large metropolitan area of the East coast of Florida. It is poised to take advantage of available space for a major expansion and large revenue increase. The current owner runs the company successfully with total dedication to customer service but wants to retire after many busy years. The seasoned management team is expected to stay on with the new owner. Florida is currently one of the fastest growing states and is a major retirement objective for tens of thousands of Americans (Many of these are bingo and arcade players). This is your opportunity to acquire the ''Florida Lifestyle'' of palm trees and beaches, great restaurants and entertainment, while enjoying the growth and profits of this strong business group. Foreign buyer will likely qualify for permanent resident (green card) status under Sec. 203(b)(5), INA 8 USC, A1153(b)(5).


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