Children's Party Venue -Fairy Tale Parties- For Sale

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Profitable Business with Growth Opportunity
Asking Price:
$10,000

Gross Revenue:
$48,000
Cash Flow:
 Not Disclosed
EBITDA:
$20,000
Inventory:
 Not Disclosed

FF&E:
$8,000
not included in asking price

Real Estate:
 Not Disclosed

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Business Description

This children's party venue has been a successful business for 3 years. They offer variety of party themes and packages that are hosted in the event space. Party packages start at $275 - $295. Owner started this as a part-time job and has steadily increased sales each year. While most of the parties occur over the weekends, there is an opportunity to hold events during the week, as well. Owner is leaving due to a promotion at the current job. Perfect opportunity for the new owner to come in and take it to the next level.

The business produced gross sales of $48,000 in 2018 and $33,850 in 2017 with an EIDA of $15,000 in 2017 and $20,000 in 2018. This is a business that shows reliable income and a high growth potential.

About the Business

Location:
Glen Allen, Virginia
Year Established:
2015
Relocatable:
Yes
Facilities:
Currently renting a space at 10861 W. Broad Street, Glen Allen VA.
Website:
www.fairytalepartiesrva.com
Market Outlook/
Competition:
Fairy Tale Parties has continued to grow year over year, with no other party venue available like this.
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About the Sale

Reason For Selling:
Seller doesn't have time to keep up with this expanding business
Training/Support:
Owner will provide training on all of the birthday party packages
Seller Financing:
$5,000 in seller financing available

Listing Info

Keywords:
children parties, kid party, birthday party
ID:
1480970
Ad Detail Views:
0

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