Calgary, Alberta
Family Entertainment Center
Investment level: 1,600,000 ( Plus inventory $25,000–$50,000)
Type of Sale: Share Sale
Opportunity to purchase a busy, well-known Indoor Family Entertainment Center.
Absentee Owner Business
I have been helping business owners and business buyers for over 45 years. I have seen all kinds of narratives when the words “absentee business owner” are used. The owner of this business initially spent a great deal of time and planning when creating this true “absentee owner business,” which he has operated for many years from outside of Alberta.
This business provides buyers with multiple revenue streams, well-trained management and
consistent repeat business.
Though the business has social media platforms in place, its main marketing is done by ensuring that clients of all ages have a great time, which results in positive referrals by its happy visitors.
The owner is in the process of slowing his life down and is now starting the process of selling his different business operations.
Full training will be provided by the General Manager, Assistant Manager and Owner.
Business at a Glance
Revenues: 2019 (2,027,104) … 2020 (473,511) Sales were restricted due to Covid
2021 (537,193) Sales were restricted due to Covid
2022 (1,478,938) 2023 (1,808,133)
Seller’s Discretionary Earnings: 2019 (421,790) 2022 (295,614) 2023 (424,665)
Staff: Full-time: 7 including the general manager Part-time: 12
Lease: Current lease is $28,347 per month. A new business lease can be negotiated by the
buyer.
Fair Market Asset Value:
owner invested $1,800,000 to open the facility and has invested another $175,00 in upgrades over the years. The owner estimates that to open this type of facility today, the initial investment would be in the area of $2,500,000.
The equipment and infrastructure are in top condition.
Estimated Fair Market Value: Playground Structure: 1,200,000 Kitchen Equipment: 100,000
Computer and Tech Equipment: $50,000 Miscellaneous Furniture: 50,000. Total= 1,400,000
A Virtual Discover call with the owner will be available once a buyer’s profile and an NDA have been completed. Thank you for your interest in this business opportunity!
