Just Reduced - Profitable - Indoor Playground for Sale -

Wilmington, DE (New Castle County)

Just Reduced - Profitable - Indoor Playground for Sale -
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Asking Price: $150,000

Cash Flow: $100,000

Gross Revenue: $386,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2007

Just Reduced - Profitable - Indoor Playground for Sale -

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Business Description

This recreational facility is located in an area with plenty of parking. The business has been in operation since 200 7. Open to the public on select days and hours; private events are arranged; and numerous birthday parties are held during the year. All equipment is included in the sale of the turnkey operation and there are no liens against the business/equipment. There is a huge customer base included along with security cameras.

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Detailed Information

Employees:
25 part time
Facilities:
Equipment is kept up and modernized as needed. The establishment is almost 10,000 square feet. The lease expires in April 2018. Buyer has an opportunity to negotiate a new lease with landlord.
Competition:
There are no indoor recreational facilities in the immediate area. There are others in the county; however, this facility is larger and has a parking lot as opposed to street parking.
Growth & Expansion:
Presently, there are a number of summer camps, day events, and other groups that conduct field trips to the facility. There is an opportunity to expand adult recreation at night, market happy hour specials for groups on certain days and seasons.
Financing:
Depending on agreed purchase price, seller may do some financing.
Support & Training:
The Seller will provide at least two weeks of training. However, it is a requirement receive training through the franchiser at their headquarters.
Reason for Selling:
Seller wants to explore other opportunities.
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(from currently available funds)
 
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Joseph Latina

Business Listed By:
Joseph Latina

Patterson Woods Commercial Properties

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