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ROI’s Into the Corner Office Podcast: Powerhouse Middle Market CEOs Telling it Real—Unexpected Caree...
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Tim Murphy, CEO, Boomers Parks
Manage episode 436469428 series 3354298
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Tim Murphy is the CEO of APX Operating Company LLC, dba Boomers Parks, owned by Cerberus private equity ($60B AUM). Boomers Parks operates six family entertainment centers and two water parks in California, Florida, and New Jersey.
Since becoming CEO in 2020, Tim led Boomers Parks from bankruptcy to profitability within a year, amidst a global pandemic. Initially operating at a $10 million loss, he revamped the customer experience and introduced new revenue streams, resulting in a 180% revenue increase in 2021 and continued growth through today.
Tim began his 35+ year career at Walt Disney World and has worked with over 150 entertainment, restaurant, and food & beverage brands at more than 10,000 locations in senior roles. He is also a Board Director at Coney Park & Happy City, part of The Carlyle Group ($426B AUM), which operates 100+ family entertainment centers in Latin America.
Tim's expertise includes top brands like Disney, Darden Restaurants, Jimmy John’s, Applebee’s, and Sonny’s. He has managed over 35 transactions involving 1,200+ locations, negotiating deals from $11 million to $350 million+.
He is a member of IAAPA, CAPA, FAA, AAMA, NRA, CRA, WWA, ICSC, and IFA, and is a licensed commercial real estate broker in Florida. Tim holds a BS/BA in Accounting from the University of Central Florida and an MBA in Finance from Orlando College.
Connect with Tim at Tim@BoomersParks.com and on LinkedIn at TimMurphyCEO.
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