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View Listing Details
Amusement Park-5250
| Description |
Industry |
State |
Location |
Price |
Ref # |
| Amusement Park-5250 |
Entertainment |
CO |
Boulder |
$ 650,000 |
5250 |
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Overview
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In operation since 1984, this business is the only indoor/outdoor Family Entertainment Center (FEC) in the Boulder, CO metro area. In 1997, current ownership completed a major renovation of the park which included $1,400.000 in leasehold improvements and the addition of $494,000 of equipment. The FEC is located on 15 acres at the northern edge of the City of Boulder and includes two world class miniature golf courses, two go-kart tracks, batting cages with baseball and softball, an indoor arcade, a 5,000 sq. foot human maze and a 28 tee box golf driving range with an interactive system. Adjacent to the park is an inline skate hockey rink. The business has an excellent reputation as a family-oriented amusement center. The main building has 3,200 sq. feet with an additional 1,300 sq. feet of office space and party rooms on the lower level. A second building, with 2,100 sq. feet of space, is used for maintenance and storage. The main building has a full snack bar offering hot dogs, pizza, nachos, ice cream, soft drinks and more. Adjacent to the snack bar, the arcade offers 25-30 various video and redemption games. There are 4 years remaining on the lease with two 5 year options. The FEC is open 12 months/year with operating hours of 10:00 AM to 11:00 PM during the prime season (May-September). This is a great opportunity for an investor interested in an outdoor, family–oriented business.
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Details
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| Annual Gross Sales: |
$ 781,622 |
| Adjusted Cash Flow: |
$ 210,064 |
| Hard Asset Value: |
N/A |
| Square Footage (Land): |
N/A |
| Square Footage (Building): |
N/A |
| Terms: |
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