Seller Financing Available

Asking Price:

$225,000

Gross Income:

$493,790

Cash Flow:

$128,241

EBITDA:

N/A

FF&E:

$180,000.00 *

Inventory:

$2,500.00 **

Real Estate:

N/A

Year Established:

N/A

Employees:

13

Business Types:

Other Personal Services
Amusement & Recreation

** not included in the asking price

* included in the asking price

Business Description

Income to Owner $143,519 and trending up. Revenue $475,056. You can Buy this business for $225,000. Well-Established, Highly Popular indoor family-fun center is the #1 most reputable children’s recreation center in three counties. This bright and clean, climate-controlled, unique and spacious center has over 11,000 sq. ft., providing bouncing, sliding, climbing, and other fun activities for kids and relaxation and peace of mind for parents. It is located in an area that is central and easy to get to from Hillsborough, Pinellas, and Pasco Counties. Owners had a demographics study done by a university before the location was chosen. There is plenty of parking, and it is a well-organized, turn-key business. This center has separate rooms for birthday parties, a well-equipped kitchen, and a wide variety of games and activities. This unique concept offers private parties and events for all ages, and is a great destination for schools, churches, summer camps, day-care centers, field trips, fundraisers, mom’s clubs, team events, family fun nights, and open play. Kids and parents alike can enjoy a snack or a meal together. The business has a huge data-base of client email and addresses and a state-of-the-art website. There is a well-trained staff in place, and several staff members have been cross trained to run the business in the owner’s absence. This is a recession-proof business, as parents will always provide fun entertainment for their kids. Owner is confident in the continued success of the business and is willing to carry a note in the amount of $75,000 for 60 months at 8%.

Detailed Information

Facilities:

The business operates in a Leased 11,400 sq. ft. facility located in an industrial Park/ Office Center with plenty of parking.

Competition:

The business utilizes its website, direct mail, donations to schools and charities etc., the Entertainment Book, Super Pages ad, Yellow Book, and word-of-mouth for advertising purposes. A. The business targets all kids through schools, churches, day care centers, etc B. USF Market Research conducts market research for the business industry. There are several competitors in the area, however this business is ranked #1 in the area.

Growth/Expansion:

Strengths: A fun and exciting atmosphere for children inclusive of an indoor play center, open play hours and a variety of games and activities. Weaknesses: 1. The kitchen needs to be developed to accommodate a menu expansion. Greater food selection could increase the amount of customers and a greater revenue source for the business. 2. The current owner does not have the time to devote to the expansion of the business due to other interests.

Financing:

$75,000 @ 8% for 60 months

Support/Training:

2 weeks

Reason Selling:

Other Business Interest