Price Reduction Tahoe Puzzle Room Motivated Seller

Category:
NV10028 - Arts, Entertainment & Recreation

Location:
Nevada - Northern Nevada

Business Description:

Be a part of a worldwide craze in the entertainment sector. And do it in Lake Tahoe! The Tahoe Puzzle Room is a pioneer in a new form of technology-based entertainment – the Escape Room. Driven in large part by social media, there does not appear to be an end in sight to the popularity of these real-life escape games. This is an ideal business (still in its infancy) designed to cater to a large clientele (family, friends, coworkers, etc.). The wild popularity of this industry, combined with the booming population and visitor growth in Northern Nevada, means huge potential for a new Buyer. The Tahoe Puzzle Room is a constant Top Performer on TripAdvisor. The current owner spends very little time working in the Business, and a new owner could enhance the already strong revenues by being more active. Many companies are using Escape Rooms as a form of team-building – and this forum has barely been tapped. The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase. From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business-Friendly Tax Climate.

Asking Price: $525,000

Real Property Available:
No

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Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.