Listing Number: 60372-873644
Description
Turnkey, Highly Profitable Business Perfect for Semi-Absentee Owner
This established business has been operating for 10 years and is located in a densely populated area of Northern New Jersey. With convenient access to several major highways, the venue consistently attracts families, tourists, birthday parties, schools, and corporate team-building events.
The business generates consistent organic monthly revenue with minimal seasonality and minimal use of third-party marketing platforms, such as Groupon. Their extensive database of over 30k customer contacts offers a valuable asset for future marketing campaigns.
The business demonstrates consistent revenue and operating profit, with a strong rent-to-sales ratio and favorable lease terms, which gives buyers confidence in its cash flow and occupancy. Operations are designed for a seamless handoff and complete IP assignment (including room designs, code, and media assets), ensuring reliable day-to-day execution and a smooth transfer. Attractive rent and leasing terms.
This business is a great opportunity for a semi-absentee owner who is looking for a consistent income stream. Priced to sell at $325k.
Listing Details
- Price: $325,000
- Down Payment: $32,500
- Sellers Discretionary Earnings: $154,880
- Total Sales: $329,018
- Location: New Jersey
- Inventory: $0
- FF&E: $20,000
- Employees:
- Reason for Selling: New Business Direction
- Category: Recreation
Contact Agent:
- Fred Petito, CM&AA, CEPA
- Phone: (201) 978-5700
- Email: fpetito@tworld.com