Turnkey, Profitable, Play & Party Indoor Playground in affluent area

Sachse, TX (Dallas County)

Turnkey, Profitable, Play & Party Indoor Playground in affluent area
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Asking Price: $85,000

Cash Flow: N/A

Gross Revenue: $64,040

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Rent: $3,233.33 /Month

Established: 2017

Turnkey, Profitable, Play & Party Indoor Playground in affluent area

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Business Description

We're the only indoor play & party playground in our community of northeastern Collin County. We've established a great customer base. All equipment is included in the sale, supplies, toys etc. We're also the only birthday party option besides the recreation centers and parks, therefore we do extremely well with party bookings. No debt has been accrued under the business, except for the lease which would need to be taken over by the new owner, expires 09/2020. All of the mini homes are owned by us, toys, etc nothing is leased. Our Play & Party Center is for children, ages 1-8 years old and families who want to have their children engaged with other children. Our mission is to develop curiosity & imagination through play. The custom designed play areas excite & engage the children while the parent(s) can relax in their own area. The Center reserves the weekend for birthday parties and is a segment of the business that can be grown dramatically. Our facility is located in one of the most desirable demographic areas in the Collin County region. The investment into the startup of this business is far greater than the asking price which provides great value to the new owner. The business opened in September 2017 and changes in the owner’s family life have necessitated the sale of the business. Revenue has increased steadily and the business will continue to grow and profit by having an involved owner who can easily grow the business by being more active in promoting this great concept.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
9/1/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All toys, ipads, the interactive neighborhood homes, party supplies, tables, commercial coffee maker, cleaning equipment, mini fridge for drinks, inventory of snacks etc.
Competition:
We're located off the main busy road across from several Montessori schools and elementary schools. We're the only indoor children's playground locally. Our community is growing so quickly with starter families and small children. This business is going to grow tremendously.
Growth & Expansion:
Our business has been growing quickly. We have had to turn several birthday parties away because we're already booked to capacity. With the community growing, our building space is 2200 sqft, purchasing or renting a larger location would be beneficial to the new owners.
Financing:
Interested buyers must be pre-approved.
Support & Training:
1-2 months until the day-to-day routines and birthday party routines and setups are learned. Until the new owner feels comfortable with the process and until we move if need be.
Reason for Selling:
Family is relocating for spouses job.
Business Website:
http://www.parkinplay.com
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Business Listed By:
Iselda Wagner

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