ABOUT TIM
As CEO of Boomers Parks since 2020, Tim Murphy took eight parks from bankruptcy to profitability in just a year – in the middle of a global pandemic. When Boomers acquired these parks, they were operating at a $10 million loss. Tim transformed the customer experience and added new revenue streams to generate a 180% increase in revenue.
Additionally, Tim is a Board Director with Coney Park and Happy City - Family Entertainment and Amusement Parks, part of The Carlyle Group ($275B assets), a private equity firm which operates 150+ family entertainment centers and amusement parks in Latin America.
Tim has worked with top-tier entertainment and restaurant brands including Disney, Rebounderz Trampoline Parks, Darden Restaurants (Olive Garden, Bahama Breeze, etc.), Red Lobster, Jimmy John’s, Applebee’s, Sonny’s Bar-B-Q, Denny’s, El Pollo Loco, Hardee’s, Golden Corral, and Firehouse Subs. Tim has overseen more than 35 purchase transactions involving over 1,200 restaurant, store, and park locations. With extensive experience in buying and selling businesses, handling negotiations with buyers and sellers, and creating strategic partnerships to build strong brands, Tim has facilitated deals ranging from $11 million to $350 million+.
Tim is an IAAPA Certified Attractions Executive (ICAE), a member of IAAPA, CAPA, FAA, AAMA & WWA. He is a licensed commercial real estate broker in the State of Florida. Tim earned a BS/BA in Accounting from the University of Central Florida and an MBA in Finance from Orlando College.
NOTEWORTHY BRANDS
CONFERENCES, PANELS
& speaker ENGAGEMENTS
.png)
experience
2020-Present
APX Operating Company LLC (dba Boomers Parks)
Chief Executive Officer (CEO)
Acquired eight parks from APEX Parks Group though bankruptcy that had 2019 negative <$10MM> EBITDA; then turned all eight parks into 2021 profitable $8MM+ EBITDA; and setup company to earn $15MM+ EBITDA in 2022 as well as creating new revenue streams through acquisitions, creating patents, licensing products and franchising park operations for future growth.
2006-2020
CFL Investment Trusts LLC
Chief Executive Officer (CEO)
Lead and consult turnaround efforts, mergers and acquisitions, process improvements, joint ventures and international franchises in entertainment, restaurants, food and beverage, hospitality, resorts, retail, and real estate industries. In Consecutive Roles: Entertainment Acquisition Advisor (Cerberus - $60B assets - for Apex Parks Group acquisition - known as Boomers Parks); Entertainment Acquisition Advisor and Board Director (The Carlyle Group - Peru Fund - $275B assets - Columbia.
2016-2019
Rebounderz Franchise & Development Inc.
Chief Executive Officer (CEO), President, Chief Financial Officer (CFO) and Board Director
Led operations, training, marketing, franchising, manufacturing and compliance for 12-unit, international family entertainment centers & attraction manufacturing; negotiated real estate; designed prototypes; and selected sites. Sold company by creating growth; and filing patent infringement lawsuits on infringers that produced long-term income.
2006-2010
Sonny’s Franchise Company
Chief Financial Officer (CFO)
Managed franchise acquisitions and designed prototypes for Sonny’s BBQ of 40 franchisees with 153 locations. Managed due diligence and arranged $110MM in private equity for acquisition of restaurant chain and retail products.
2002-2006
Specialty Restaurant Development
Chief Financial Officer (CFO)
Led $60MM private equity acquisition; functioned as CEO for 15 Applebee’s and 7 Green Hills Grilles / Ray’s on the River. Opened new restaurants; created 750% sales growth & revenues; reduced food & labor costs to increase EBITDA 140%.
1996-1999
Advantica Restaurant Group
Finance Director
Administered $500MM budgets for more than 2,800 restaurants, including Denny’s, Hardee’s, Quincy’s, El Pollo Loco, Cocos, Carrows, Mother Butler Pies, Winchell Donuts, Canteen Services and Volume Services.
Directed corporate finance debt after $1B Chapter 11 bankruptcy (formerly Flagstar Restaurant Group).
Early Career Experiences
CFO, McGuffey’s Restaurants ($35MM sales); Finance Manager, Darden Restaurants (Olive Garden, Red Lobster and Bahama Breeze - $7B sales); Controller, Classic Chevy International & Charley’s Steakhouse - $40MM sales); and Accounting Manager, Walt Disney World (Magic Kingdom, EPCOT Center, five resort hotels, & real estate investments - $67B sales).