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Mobile Entertainment Business
NCListing DetailsOffice ID: MOBLENT1
Status: Active
Listing Broker: George Bradbury
Listing Price: $650,000
Gross Revenue: $254,688
Cash Flow: $145,561
12 Month Forecast: $275,000
Inventory: $5,000
Inventory Included: Yes
FF&E: $290,185
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Owners will provide some financing. 
Home Based: Yes
Reason for Sale:

The owners are relocating

Training:

The owner will work with the buyer for 40 hours over a 30 day period to insure a smooth transition.
OperationsYear Established: 2016
Last Acquired: 2016
Form of Ownership: S Corp
Employees (contractors): 5
Managers: 2
Business Hours: M-F 8a to 5p 24/7 service
Summary

Business Description:
This business concept uses Mobile Video Game Trucks, Laser Tag, and Nerf Wars that come right to you! The spacious, state of the art mobile video game truck features seven - eight widescreen high - definition TVs, virtual reality, surround sound and a one- of- a-kind multiplayer gaming systems. Up to 28-32 guests can game at the same time with room for 10 more friends on the second row of stadium seating. The business includes all of the latest game titles and Gaming Consoles from Xbox One, Xbox 360, PlayStation 4, Nintendo Switch, Wii and Wii U.  We are proud to bring the best Mobile Video Game Truck, NERF Wars & Laser Tag. 
Historical Summary:

The business began as one trailer platform and has grown into servicing multiple counties with three Video Game Trailer platforms, Laser Tag and Nerf Wars to individuals, schools, churches, and large community events with their unique entertainment option. Employees are veterans or active duty service members that take pride in servicing the country and local community. This experiences provides a fun and safe environment for all ages. They have succeeded in offering the best customer service and satisfaction, check out their reviews!

Owner Qualifications:

Buyer should have general business management experience and enjoy customer interaction.

Competition:

While there are 2 other video game trucks in the area, neither are able to offer weekday parties. Since we are able to offer weekday parties we are able to accommodate multiple schools gaining the attention of their students who share our name with their parents. They also only have one trailer so if they are unable to accommodate someone at their desired date and time they lose the business. With multiple trailers and platforms we are almost always able to accommodate. The other two businesses only offer video game trucks and do not have the Nerf Wars and Laser Tag. We have multiple repeat customers due to us being able to provide different party experiences. We also are able to lock in a lot of the larger events since we have been in business the longest and have created and cared for those connections that we book time and time again.  We have yet to fill any impact from competitors and occasionally end up sending them business when we are completely booked. Since we have created relationships with these competitors they often send us business as well when they are unable to provide service.

Potential Growth:

The Video Game Industry is growing by leaps and bounds yearly. Technology is not showing any implications of slowing down. Many of the calls we receive on a daily basis is clients saying they had never heard of a service like ours. While we receive numerous repeat customers there is also a vast amount of first time clients we continue to receive. With our local cities growing and families moving to the area by the thousands business can only increase. We have seen our numbers more than double each and every year. Every time we have had to turn away business continuously due to being too busy we have considered purchasing another trailer. We are currently at that time where we are beginning to turn away business and could easily add another trailer to our fleet and remain profitable.
LocationType of Location: Mobile
Monthly Rent: $550

Facilities:

The business rents space for the trucks and trailers at strategic located storage facilities


Last Updated: Jun 5, 2019 / 3:42 PM
Financial Information Current as of: May 10, 2019 / 3:49 PM