Funquest Family Entertainment Centers, LLC
This Collierville, TN based family entertainment center included bowling, skating and laser tag all under one roof.
After years of a professional management company running the operation and not being profitable, ownership attempted to run the facility themselves. This proved ineffective as well, resulting in a chapter 11 bankruptcy filing to provide time to find a buyer.
Equity Partners was hired to sell the business and immediately undertook an exhaustive marketing effort that led to numerous groups conducting due dalliance.
Ultimately, an auction was held with three bidders that maximized the recovery for the estate and its creditors. A sale was approved to an individual who owns several bowling centers and who is currently operating the facility as “Andy B’s Funquest Entertainment Center”.