Income Producing Children's Party Center and Play House

Staten Island, NY (Richmond County)

Income Producing  Children's Party Center and Play House
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Asking Price: $450,000

Cash Flow: $155,000

Gross Revenue: $315,000

EBITDA: $151,000

FF&E: $235,000

Inventory: $5,000

Rent: $8,745 /Month

Established: 2008

Income Producing Children's Party Center and Play House

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Business Description

Well Established Children's Play Center with 5000 sq ft of non-stop fun and excitement. The original owners have been in business for 10 years and are now relocating out of state. Every weekend gets filled up with contracts for numerous parties and events and they also have Open Play every day of the week. "PLEASE RESPECT THE SALE OF THIS BUSINESS AND DON'T SPEAK TO THE EMPLOYEES" The price includes approximately $240K worth of inventory, equipment, furniture and fixtures.
Here is a list some of the items:
Multilevel Jungle Gym
Non-Violent Arcade Games
Interactive Floor Games
Rock Climbing
Imaginary Play Shops
Character Costumes
Pizza oven
Soda machine
Refrigerators
Cotton Candy Machine
Candy Chart
POS System
Sound System
Chairs and Tables
Partition Wall

Attached Documents


Detailed Information

Location:
Staten Island, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
1/1/2022
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This facility has been created and designed by the original owners and the $5000 sq ft is equivalent to 5 stores and includes most of the parking lot. The employee expense was not included into the expenses.
Competition:
Original owners and have been in business for 10 years
Growth & Expansion:
The are in the process of setting up UPK programs
Support & Training:
Owner will train for 2 weeks if required.
Reason for Selling:
Relocating out of State
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Ann Marie Galgano

Business Listed By:
Ann Marie Galgano

ReMax Real Estate Professionals

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