Flourishing Family Entertainment Center

Graystone is selling a flourishing family entertainment center that can expand another $1MM in Revenue. The property was purchased in 2019, and business activity began August of 2020. From August of 2020 to August of 2021, the company has experienced a 4x growth in Revenue and ended the year of 2021 at a comfortable 32% profit margin. Currently, there is a revenue share program in place that expires in 2023. Once that contract expires, it costs $300-$400K to purchase the arcade equipment, which we estimate will result in a $250K-$300K Net Operating Income increase. Location: Temple, Texas Year Established: 2019 Real Estate: Owned Building Sq. Ft.: 58,000