360 Jericho TpkeMineola, NY 11501

For Sale
$199,000

High-Profit Entertainment Venue in Mineola, NY

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional turn-key entertainment business, located at 360 Jericho Turnpike in Mineola, Nassau County, NY 11501, presents a lucrative investment opportunity. Established for over five years, this thriving venue boasts a large, loyal following and a user-friendly website for simplified online booking. The business offers a diverse range of engaging activities, including axe throwing, plate smashing, football bowling, archery, and human foosball, catering to a broad customer base within a fun and affordable atmosphere. The business enjoys high road visibility and benefits from its strategic location in Mineola, providing easy access from Queens, Garden City, Roslyn, Manhasset, and Port Washington/Great Neck. Current gross revenue approximates $550,000, with a net operating income (NOI) of approximately $200,000-$250,000. Low overhead and a straightforward operational model contribute to its profitability. The asking price is $199,000, significantly reduced for a quick sale. The seller is willing to provide training to ensure a smooth transition. This represents an excellent opportunity to acquire a profitable, established business with significant upside potential in a rapidly growing industry. All information should be independently verified.

Highlights

  • Price significantly reduced for a fast sale.
  • Highly motivated seller offering a strong value proposition.
  • Exceptional investment opportunity with significant upside potential in a burgeoning market.
  • Owner streamlining portfolio, presenting a rare chance to acquire an underutilized asset.

Location Insight

City
Mineola
County
Nassau
State
New York
Latitude
40.7463451
Longitude
-73.6502637
360 Jericho Tpke, Mineola, New York

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360 Jericho Tpke
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