|
Children's Play Center
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $450000
Net Profit / Cash Flow $80000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 4 - 5
Inventory 175000 Equipment & 1500 Inventory
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will supply a full training period and will remain post closing for sixty days.
Reason for Sale The owner is semi absentee and cannot continue to maintain the business.
Description Well known children s play center featuring Baseball / Softball, Batting Cages, Baseball Training, Pro Shop, Snack Bar, Kids Parties, Video Arcade and more. The facility also rents space for different groups for various sports teams, mother s monthly groups, yoga classes, exercise groups and other party events. The business services children from the age of one to twelve. The various activities are conducted in this huge facility that is separated by two floors. Based on the asking price, required down payment and net income this business should supply a 65% return to the owner operator prior to debt service. The facility established in 1990 is 16,000 square feet consisting of a clean modern center. The business income consists of forty percent parties and groups, thirty percent Baseball, five percent snack bar and pro shop, ten percent arcade, ten percent general. The business had a consistent 2012 gross income and a net income of $80,000 to the owner operator. Based on the asking price, required down payment and net income this business should supply a 70% return to the owner operator prior to debt service. The business has a full experienced staff who are unaware of the pending sale and expected to remain post closing. The facility consists of a 16,000 square feet, two floors designed for different children ages. The center is organized with various activates in spate areas to maximize the best possible services to the general public. Located in an upscale North Jersey community on an active commercial area of Bergen County, New Jersey with continues demand for this children service.
Click Here To Contact Seller
|
|
