Tim Murphy 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. In his former role as CEO of Boomers Parks from 2020-2024, 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.
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.
Cynthia Corsetti is joined by Tim Murphy, the transformative CEO of Boomers Parks, to discuss the impact of childhood experiences on leadership. With over 35 years of diversified experience in the entertainment, food and beverage industries, Tim shares his journey that led him to successfully lead Boomers Parks out of bankruptcy to profitability within just one year, despite the global pandemic challenges. He highlights the importance of guest experience, empowered leadership, and a passion to pursue calculated risks that echo his core values of honesty, integrity, transparency, innovative risk-taking, and more. Tim also shares insights about their recent move into franchising and the promising opportunities it provides. The conversation is enriched with Tim's personal experiences, invaluable business wisdom, and unique career advice. About Tim Murphy: Tim Murphy is a seasoned leader with a rich background in the family entertainment industry. His experience spans revitalizing amusement parks, navigating the restaurant business,...
No lease is set in stone before you sign it. In this article, real estate expert Tim Murphy offers advice on negotiating your lease to get the most out of your franchise space.
This week I sit down with Tim Murphy, a company turnaround specialist, with a storied career in the restaurant, entertainment and franchising worlds. ...
"As business leaders, when we are able to reinvest into our communities and the people in them that we serve, wonderful things happen."