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5 Franchise Children's Party & Entertainment Centers

Location  Georgia,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $3247017
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2012
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks training at no cost to new owner
Reason for Sale  Other business interests
Description  5 Centers in the Augusta, GA and Chicago areas. (Owner willing to sell individually. Call broker for individual pricing.) A well-established national franchise that both children and parents love for hosting birthday parties and other celebrations, as well as just getting out for a day of play. These are fun-filled inflatable play centers, with wall-to-wall inflatable slides, jumps, and obstacle courses to keep kids active, happy, and healthy. Suitable for kids 12 years-old and younger. There is also a separate toddler play area that keeps little ones safe and secure. While the kids play, parents relax in the adult area, featuring comfortable seating, free high-speed wireless Internet, flat screen televisions, and computer stations. And the current owner is hosting events for moms, as well! A $5MM investment was made to start this business. Franchise has appr. 60 stores. The location in the Augusta area is 6 miles from its main competitor, and located in a much more affluent area. Working on getting the landscape in Chicago. With hands-on management, the development of more strategic partnerships, and a focus on events, these centers have a lot of upside. Mix should be 50/50 walk-in/events, right now 70/30. Additionally, food is brought in via partnerships, but could add food to the locations to keep margin.
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