620023-PS_Children's Party & Events

Glen Allen, VA (Henrico County)

Seller Financing Available
620023-PS_Children's Party & Events
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Asking Price: Get Financing: $59,000

Cash Flow: $10,603

Gross Revenue: $26,114

EBITDA: N/A

FF&E: $3,000

Inventory: $1,000*

Lease Rate: $1,677 /Month

Established: 2015

*not included in asking price.

620023-PS_Children's Party & Events

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Business Description

Profitable! Expandable! Established! Growth Potential!

This party event center has been a successful business for 3 years. They offer variety of party themes and packages that are hosted at this event space. Party themes are for both boys and girls.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This party event center has been a successful business for 3 years. They offer variety of party themes and packages that are hosted at this event space. Party themes are for both boys and girls. There is room for 24 children. Owner started this as a part time and has steadily increased sale each year. Most of the events happen over the weekends. Owner is leaving due to a promotion at the current job. Perfect opportunity for the new owner to come in and take it to the next level. The business produced gross sales of $33,850 in 2017 and on track for $48,000 in 2018 and an EIDA of $15,000 for the 2017 fiscal year and on track to net $20,000 in 2018. This is a business that shows reliable income and a high growth potential.
Competition:
Many different party themes.
Growth & Expansion:
Add a kitchen or partner with a food supplier, baking / cooking parties.
Financing:
10000.00
Support & Training:
2 weeks
Reason for Selling:
job promotion
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Contact the Seller

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Parnita Singh

Business Listed By:
Parnita Singh

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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