This is a unique opportunity to acquire a niche business with 3 locations in Toronto that specializes in a specialty recreational, team building, and special event social activity business. The business started with a single location in 2010 and has grown to a successful multi-location small business with established clientele and social media following. The current owners, who are serial entrepreneurs, are looking to divest of the operations to focus on other start-up projects. The business is profitable and has an established management structure in place.
The ideal purchaser for the business will be an owner operators interested in further growing the brand and footprint of the business (including possible franchising), or an event management company looking to expand into another niche in the booming GTA market. Current owner is primarily focused on general management, some business development and overall marketing and advertising strategy for the business.
The business has tremendous online presence, both in terms of organic key word search as well as through reviews on social media and peer to peer websites. Each of the three locations is fully staffed and self sufficient allowing an owner to focus on growth and strategy.
Asking Price: $299,000 CAD
FF&E & Inventory (incl.): $40,000 CAD
Revenue: $836,000 CAD
Normalized SDE: $ 181,000 CAD
Normalized EBITDA: $ 131,000 CAD
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