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Alberta Family Entertainment Center
List Price: $ 1,450,000. (Sale of Shares OR Assets) plus Inventory.
Opened in 2016 this Family Entertainment Center has quickly become one of the most popular Playground facilities in Alberta for both Parents and children.
It offers 4 main play areas for children of different ages, including a Game Arcade room with redemption rewards and Gigantic Play structure. Perfect place for Birthday parties, Day Care’s and family gatherings that gives parents a chance to relax while having their children burn off energy.
This is an Absentee owner business, with 1 manager in place that handle the day-to-day operations.
Business at a glance
Building Size: Approximately 20,000 sq. ft.
Monthly base rent: $ 23,000/month plus $ 5,000 CAM & Utilities
Lease Term: 5 Years ( TBV)
Option periods: 5 years (TBV) Deposit held by Lessor: $49,000
Number of employees: 6 Fulltime & 14 Part-time.
$2,334,452(2017) $2,563,617(2018): $ 2,025,279(2019):
COVID-Shut Down-2020. $922,866 (6-month period in 2021)
Adjusted net income:
$ 835,494 (2017-1st Full year of operations); $ 856,998 (2018)
$ 575,000K (2019) Shut down (2020) $ 388,305 (6 month period 2021)
Interested parties are asked to complete a buyer’s profile and sign an NDA prior
to confidential information being released. Thank you for your consideration.