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Acquisition Opportunity S-2096
INDOOR MINIATURE GOLF & ARCADE
FRANCHISE RESALE
This business is unique in the Cincinnati area. It is an
indoor black light, glow in the dark, large miniature golf
course. It also has a large arcade area that gives out
tickets for prizes. It caters to both walk-in business and
has two large party rooms for birthday parties and other
occasions.
The business prepares no food. Those using the party rooms can
order in pizza and other fast food as desired.
The leased 10,000 sq. ft. facility is clean and appealing. It
is located in a highly visible location, in a growing area of
Cincinnati.
Its unique concept attracts customers from a large area, in and
around Cincinnati.
This is a franchise resale. With the franchisor offering
training and support, first time buyers will like this
opportunity.
INVESTMENT HIGHLIGHTS:
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Adjusted cash flow of $120,000 in 2009
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Simple and easy to operate
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Incremental sales are highly profitable
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Advertising and marketing skills would be beneficial
PURCHASE PRICE:
The business is offered at $360,000 free and clear of debt.
FINANCIAL RESULTS:
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P&L Summary: |
2009 |
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Assets Included: |
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Inventory |
4,000 |
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Total Income |
455,701 |
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Equipment & Fixed Assets (Cost) |
266,700 |
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Franchise (net of transfer fee) |
25,000 |
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Adjusted Cash Flow ("ACF") |
120,370 |
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Total |
295,700 |
ACF: Profit (cash flow) before expenses of interest,
depreciation, owner salary/perks.
FOR FURTHER INFORMATION CONTACT:
KEATE PARTNERS
7783A Five
Mile Road
Huntington
Bank Building
Cincinnati,
OH 45230
(513)
241-3700 Fax (513) 852-8325
www.keatepartners.com
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