Titan’s Entertainment Cafe
669 Capital Ave SW
Battle Creek, MI 49015
UPDATE: Mr. King informed us that the store has now been sold to Bob and Shannon Huffman.
We visiting Titan’s Entertainment Cafe during the Gamerati Tour in 2011. Marcus King is putting the whole operation up for sale.
TEC has 4,000 square feet of retail space, 2,000 square feet of storage and office space, and 2,400 square feet of gaming space. There’s so much gaming space, they can host 36 people playing Yu-Gi-Oh!, 36 playing Magic: the Gathering, 36 playing Pathfinder and 24 playing Warhammer… all at the same time!
There is convenient parking, and the location is next to a Burger King, a Pet Store that’s been in operation for over 25 years, and Lakeview Hardware (established more than 60 years ago).
TEC has been in the current location since 2001.
The building is leased through April 2015. The rent on 8,000 square feet is $1,500 per month and assignable to a new tenant.
That said, the store is now closed. If you are local and drop by, you will notice a note that says CLOSED TILL FRIDAY. In fact, it will not reopen. Marcus and his wife are moving and do not want to be apart for the length of time it would take to keep the store open while they seek for a buyer. According to Mr. King, they may have to empty it…
The store has fixtures and inventory in it, valued by the owner at $300,000 retail. He has valued these at $100,000 wholesale, if someone assumes the lease. He is willing to take payments, but is asking for 25% down, and a promissory note for the balance.
Mr. King will entertain offers of buying the store as is, with operational point of sales machine, computers, inventory, equipment and all. He is also willing to discuss selling the fixtures and assuming the lease, is the buyer wishes to bring in their own inventory.
Any sale of the store must address past issues of Store Credit, and Store Credit Coins held by previous customers. Marcus said, “I am willing to take less for the store, in order to fulfill all outstanding store credit issues, probably totaling less than $1,000.”