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Entertainment Center for Sale in Kuala Lumpur, Malaysia

For Sale: Entertainment centre in Kuala Lumpur offering an immersive flight simulation experience.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 110 thousand
Run Rate Sales USD 113 thousand
EBITDA Margin Operating at loss
Industries Entertainment Centers
Locations  Kuala Lumpur
Local Time 2:25 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 140 thousand (Native Currency: MYR 600,000)
Reason: Engaged in other business. No time to manage and operate.
Includes physical assets worth USD 150 thousand
Interested to connect with advisors
Documents
Form 9
Business Overview
- We are a franchise partner of a well known international flight simulation experience brand.
- The parent brand operates 15 locations internationally.
- We acquired the franchise and set up our centre in 2015.
- The centre is around 1,228 sq. ft. and is located in a well known shopping mall.
- We receive about 3 - 4 customers each day and offer a range of flight packages priced between MYR 250-650.
- Pay a royalty of 9.5% of the revenue generated to the parent brand who offer us technical and marketing support.
- We also sell photos and videos of the experience along with official merchandise including apparel and souveniers.
- We employ 8 people, 4 of whom are on payroll and the others on a fee-based model.
- The staff includes pilots, an accountant and other operational staff.
- The business has a professionally designed website with a sale gateway.
- Have been awarded a Certificate of Excellence by Trip Advisor.
- The business invested NZD 250,000 (MYR 665,500) in the simulator equipment alone.
- The acquirer will buy the running business including the simulator equipment, interiors, website, franchise rights, and other operating assets.
- The sale price includes all the assets and there are no additional charges to be paid towards the franchise.
Products & Services Overview
- Range of flight packages for a Boeing 737NG, flying clubs, corporate / children programmes.
- Photo & Video Sales.
- Boeing Merchandise.
Facilities Overview
1,228 sq. ft. of leased space in a well known mall. The facility is equipped with a storage space, remote CCTV surveillance and has individual access from the parking lot. Tenancy agreement for the next 6 months with a right of extension. The monthly lease rent is MYR 10,0000.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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