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Entertainment Center Investment Opportunity in Riga, Latvia

Indoor and outdoor centre with educational and adventure-based team building games for all ages.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 340 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 40 %
Industries Entertainment Centers
Locations  Riga
Local Time 10:51 PM Asia / Yerevan
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 100 thousand for 49.0% stake (Native Currency: USD 100,000)
Reason: - To open a new entertainment centre in a different location. - To gradually grow and expand the bu... View More
Includes physical assets worth USD 40 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Games
Group Activity
Outdoor activity
Treasure Hunt
Climbing
Indoor Activity
Business Overview

- Unique concept of indoor and outdoor team building games for kids and adults alike.

- Our business concept is geared toward a great variety of interactive events, including birthday parties, corporate team building events, class competitions, family competitions.

- Have more than 20 outdoor games and over 24 indoor interactive games.

- With the support of trained staff, kids and adults hone their teambuilding skills, achieve balance and coordination proficiency, learn, exercise, jump, run, push, and climb to rise to the set challenges.

- On a daily basis we receive 60-80 customers.

- Drop in sales is due to the pandemic and is only temporary.

- This facility can also be converted into a summer camp on holidays and weekends where kids will live in comfortable canvas tents.

- Promoter is a businessman from Dubai and has established several successful businesses in the UAE and Armenia.

Products & Services Overview

- The main outdoor game is the treasure (Scavenger) hunt in a wooded area using a pirate map, a compass, shovels, binoculars, land measurement tools, a magnifying glass, metallic chests with treasures buried in the ground, and many other tools and accessories. There are different levels of difficulty for different age groups. More than 20 outdoor relay races and games with wooden equipment and accessories are available.

- The indoor team building games include more than 24 interactive games where the participants, following the instructions of the game coordinators, improve their physical fitness and grow intellectually.

Assets Overview

Furniture, games equipment and accessories, restaurant set-up, kitchen equipment, software, interiors, website.

Facilities Overview

- 4,500 sq ft rented facility with indoor and outdoor gaming activities.

- New facility will be bigger than the existing one.

Capitalization Overview
Not Disclosed
Recent Activity
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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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