Entertainment Business - Restaurant /bar - Eastern Ontario For Sale

Description

Business type: indoor entertainment, dining and events venue

Location: Eastern Ontario

Current status: established operating business

Operating setup: turnkey

Owner involvement: limited day-to-day involvement required according to the source

Revenue channels

• Roller-skating admissions
• Arcade experiences
• VR experiences
• Food and beverage sales
• Private parties
• Recreational programs
• Summer camps
• Full-venue rentals
• Weddings
• Concerts
• Corporate functions
• Special events

Revenue streams: diversified

Full-venue rental margins: stated as high

Premises and attractions

• Full-scale roller-skating rink
• Arcade
• VR attractions
• Restaurant
• Bar
• Private party rooms
• Large event space

Assets and infrastructure

FF&E value: $3,138,000

Leasehold improvements value: $2,779,490

Infrastructure investment: significant

Existing build-out: completed

Development cost advantage: substantial compared with a new build according to the source

Development time advantage: substantial compared with a new build according to the source

Customers and market

Local demand: stated as strong

Online presence: growing

Market positioning: established entertainment and hospitality venue

Staff and operations

Experienced management team: in place

Daily operations: overseen by management team

Operational systems: established

Ownership transition: supported by existing management

Expansion options

• Increase event bookings
• Develop membership programs
• Expand corporate partnerships
• Expand food and beverage offerings
• Increase private party bookings
• Increase full-venue rentals
• Increase utilization of arcade and VR attractions
• Expand recreational programs and summer camps

Potential buyers

• Entertainment venue operators
• Hospitality operators
• Strategic industry buyers
• Investors seeking a scalable entertainment business