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Growing indoor play space in desireable location

Frisco, TX (Collin County)

Growing indoor play space in desireable location
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Asking Price: $240,000

Cash Flow: N/A

Gross Revenue: $133,000

EBITDA: N/A

FF&E: N/A

Inventory: $77,000

Rent: $6,300 /Month

Established: 2018

Growing indoor play space in desireable location

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Business Description

Growing indoor play space in desireable location

Little Humans Big Fun is designed to provide children with unique learning experiences by providing opportunities for creative play and trying new things in a safe, comfortable, clean environment. It features rotating exhibits, age appropriate play zones and hands-on activities that emphasize science, technology, engineering, art and mechanics. They also ensure that parents and caregivers are well taken care of by treating them to complimentary specialty coffee and tea drinks, free wi-fi and plenty of comfortable seating. Sales are up 25% for 2019 already. There is a $240,000 SBA Loan on the business that would need to be assumed. (has 7 years left on it.)

Detailed Information

Location:
Frisco, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
5
Facilities:
Little Humans Big Fun opened for business in January 2018. The husband and wife team designed and built everything from scratch by extensively researching top children’s museums around the country. Custom exhibits have been commissioned and purchased from local craftsmen and a children’s museum in Milwaukee. As part of the private party options, LHBF commissioned a top local party designer to provide party décor and props. Employees have been extensively trained in customer service and cleaning techniques, with equal emphasis on parent comfort and child engagement. Corner End cap in busy shopping center
Competition:
We focus on STEAM (science, technology, engineering, art, and math) based activities and stations and can accommodate and engage a wide range of children (12mos-8years). Additionally, our admission price includes parent comforts such as specialty coffee (cappuccino, lattes) and tea drinks, lots of comfortable seating and free wi-fi. The physical design and layout of our space is also more conducive to comfortable play for both parents and kids.
Growth & Expansion:
Significant room for growth for private parties, which is the most efficient product sale. Also room for growth with open play in spring/fall through group sales (i.e., preschools, church groups, homeschool groups). We have not explored any retail sale component, but many of our competitors include this in their business model. There is certainly the market for retail sale, as we have customers regularly wanting to purchase our items, but we have not pursued this component.
Support & Training:
4 weeks
Reason for Selling:
Cannot continue to owner operate properly.
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Linda Broom

Business Listed By:
Linda Broom

Transworld Business Advisors Grapevine

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Sponsoring Broker:
J. Darrow Graham

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