Profitable High End Childrens Play & Party Space

Austin, TX (Travis County)

Niche Party Venue - Fun & Profitable Business
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Asking Price: $390,000

Cash Flow: $124,000

Gross Revenue: $206,000

EBITDA: $124,000

FF&E: $22,000

Inventory: N/A

Rent: $6,604 /Month

Established: 2017

Profitable High End Childrens Play & Party Space

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Business Description

Price Reduced - Motivated Seller

This fun & profitable business offers a higher end private play and party space for weekend parties as well as open play time during the week. The venue is great for corporate team building and related events as well. In this space, the adults enjoy hanging out as much as the kids!

Detailed Information

Location:
Austin, TX
Real Estate:
Leased
Building SF:
2,781
Lease Expiration:
11/30/2024
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business works out of 2781 ft.2 leased facility in a high end part of North Austin.
Competition:
The business is positioned as a high end private space for parties comfortable for kids and adults alike. As such, the business has little competition for the target audience.
Growth & Expansion:
The business has been succesful through organic growth, word of mouth and repeat customers. A new owner could spend some additional time driving traffic for open play time during the week and also exploring more corporate events as well.
Support & Training:
As needed to insure a smooth transition
Reason for Selling:
Family - New baby on the way
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Scott Cronk

Business Listed By:
Scott Cronk

TYLAS International LLC

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