Indoor Kids Play House with potential to expand to childcare services

Los Angeles County, CA

Indoor Kids Play House with potential to expand to childcare services
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Asking Price: $59,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Rent: $7,700 /Month

Established: 2017

Indoor Kids Play House with potential to expand to childcare services

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Business Description

This business is a popular indoor playground where parents bring children for socialization, activity, and entertainment in a fun, safe open play environment. The spacious 4750 sf. facility offers variety of bounce houses and playground structures, a toddler play area, interactive floor games (via projector), and two private rooms for birthday parties and special events.

They are profitable from year one due to their outstanding service, which is reflected in their fantastic (4.5 star) Yelp reviews. Much of their current revenue comes from group party packages, which range from $295-$995. The business is very straightforward to operate, and does not require extensive experience or specific industry knowledge. It has the advantage of fixed cost operations (rent and labor) and no inventory management or perishable supplies.

The current owner is returning to graduate school to pursue her master's degree, and will be unable to do that while operating the business. The concept is off to a great start in the first year-and-a-half, but there is a a good deal of room to improve and grow. The area is filled with families with children, but the current setup is only geared to the youngest children. There is plenty of space to add activities for older kids (video games, virtual reality, etc.) to attract a wider age range. Also, many facilities offer short-term and regular day care style programs, where you can drop-off children for 2-4 hours blocks to play and learn under the care of their friendly staff. Additionally, a new owner should actively market the brand to the parenting community: advertise in family publications/websites, partner with schools and daycare centers, etc.

This is a low maintenance, straightforward operation that's off to a great start. Are you the Buyer to take it to the next level? Reach out to your Agent today to learn more.

Detailed Information

Location:
Los Angeles County, CA
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
30 days
Reason for Selling:
going back to school
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Nour Mattar

Business Listed By:
Nour Mattar

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Sponsoring Broker:
Sean Edelstein

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