Vegas Style Arcade For Sale
Location Florida,United States
Asking Price Range $250K - $500K
Gross Revenues $612000
Net Profit / Cash Flow $125000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2009
Number of Employees 1 - 3
Inventory 150000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Two weeks
Reason for Sale Moving out of state
Description Deluxe vegas-style arcade room located on a major throughfare in central Palm Beach County with excellent signage and visibility. The 5400 sq ft arcade room has 57 owned machines (8 liners) and 20 leased machines where lessor gets a percentage of the net hold. The 20 leased machines include 15 sweepstakes and five progressives. The owned machines are worth approximately $150K and were purchased new in 2009. Facility has separate office, break/bingo room, and snack area for patrons. Recently renovated with $75K worth of leasehold improvements. Business is being family operated by husband/wife/son. Seller states annual gross to be approximately $612K and annual net income to be approximately $125K. Sales can be substantially increased with advertising and new management. Please contact Martin Berliant at 561-827-1181 or email for more information.
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