Children's Indoor Playground
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide necessary support and training.
Reason for Sale To focus on other business interests.
Description An indoor children's playground located in a high-traffic area is available for sale! This business attracts families and children from all over Massachusetts since there are few other indoor play areas of this size! Open since 2009, the business has grown each year and current yearly sales are over $300,000 with an estimated Seller's income of $120,000!
The business is located at the main entrance of a busy mall located north of Boston. The current space is 20,000 square feet filled with bounce houses, large climbing structures, basketball nets and tons of toys! The business is geared to children 5 and under and their parents. Caregivers must remain on site with their children so employee needs are low. They also host birthday parties and average 30 parties per month and 50 parties in the winter. In fact, their party business grew by over 80% from 2011 to 2012!
There are many ways that a buyer can grow this business. Some avenues are holding organized playgroups, indoor sports teams/clubs and moms groups on site. More family entertainment events such as kid's music and movies would draw current customers and attract new customers. A buyer could also open multiple locations of this business.
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