Buyers: Businesses For Sale
Morgan & Westfield is committed to making the process of buying a business as simple as possible. Browse our businesses for sale now.
Established over two years ago in New England, this turnkey business is a specialty recreational facility offering unusual entertainment options focused on bringing adventure to city life. A carefully crafted industrial-chic atmosphere brings the outdoors in, providing immersive activities for a small gathering of friends and family or a space to host a corporate or team-building event. The two leased venues are designed to handle gatherings from 1-2 people up to large groups, offering hands-on guidance and individual recreation for patrons of all ages. The loyal customers tend to be affluent 20-40-year-old students and business people with a passion for adventure and trying new things.
Located in high-density urban areas near universities and upscale retail and dining venues, the business has good visibility and close partnerships with neighboring complementary businesses. After the owners recouped their investment for their original location, they expanded to a second location. With well-documented operating procedures and expansion plans, this business offers low overhead, high margins, and an experiential outing.
Projections are strong for the next 1-5 years. Increasing marketing efforts, raising prices, and expanding the hours of operation could offer immediate growth opportunities, with longer-term growth available through physical expansion and an increase in the bar beverages currently offered at one location.
The owners have been quite hands-on managing the business recently, but the business is easily run by staff following clear and detailed operations manuals. Though still active in the business and excited about growth prospects, the business partner owners are interested in moving on and exploring other ideas and opportunities. Even with restrictions imposed by COVID-19, the business has expanded, offering people a safe and fun way to spend time even during difficult periods.
This is an established business. This is not a new franchise or start-up opportunity.
Annual Cash Flow
Yes, available for qualified buyers
Inventory Included in price
3 FT | 17 PT
Request More Information
If you would like more information about this business, please complete the form below and will email you a non-disclosure agreement to sign.
Thank you for filling out the form