Franchise Children Indoor Playground

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Asking Price:
$129,000

Gross Revenue:
$272,015
Cash Flow:
$54,287
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Franchise children's indoor playground for the ages of between 1 through 8 is now available for acquisition. The business was established by the current owner in 2017 as the 1st location of this franchise that now has multiple locations in the DFW area. This business is in a 3,058 SF space of a retail strip center located next to an intersection with heavy traffic and nearby densely populated residential area and small businesses that attract a number of people to the area. Most of the customers are middle to upper-class parents in a variety of ethnicity that have a large amount of disposable income, and the children from 3 to 5 years old account for the largest portion of customer base while the business serves children up to the age of 8 years old. These children are accompanied by caregivers such as stay-at-home moms, nannies and grandparents etc. Competition is expected for this type of industry and there are some indirect competitors such as fast food places with play areas and children party venues in the immediate market area, but there is no direct competitor that has the unique concept like this business with superior service. This business is located in the center of the densely populated residential area where a considerable number of potential customers like caregivers and children reside. The business has had close to 12K caregivers and more than 17K children that have visited the place as of March 2019 since its inception in the middle of 2017. The facility is gorgeously designed and built with several different themes that greatly appeals to children. The business hosts open play for children during the weekday from 9am-5pm and events/parties during the evenings on weekends by reservation. All equipment is top-of-the-line within the industry and safely designed for children. Gross sales of this children entertainment business have been consistent for the last 2 years running at around $300,000 per year due to its prime location and some online marketing regularly done by current owner such as Google, Yelp, and Facebook. Although some marketing is in place through their website, social media outlets, other proactive marketing methods needs to be utilized to achieve maximum income capacity as well as growing the customer base with individuals outside the immediate market area. Marketing can be done in various ways to increase the cash flow of this business such as direct mailing, email Ad, special programs and events. Targeted marketing to grandparents also can be huge draw, especially in the slower periods, by using interesting programs which grandparents and their grandchildren can work together. This business has done very well with its ground works, poised for next level growth. A potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.

Listing ID #000820
For more info, please call Moon Kim at 1-866-519-2421.

About the Business

Location:
Collin County, Texas
Year Established:
2017
Number of Employees:
4PT
Franchise:
Yes
Facilities:
This business is located in a 3,058 SF of retail strip center that is next to an intersection with consistently heavy traffic surrounded by densely populated residential neighborhoods. The business is featured with state-of-the-art facility and top of line equipment safely designed for children.
Market Outlook/
Competition:
There are some children party venues in the immediate market area, but there is no direct competitor that has the same concept as this business. The business provides several different packages superior in quality with inexpensive and affordable price point.
Growth & Expansion:
Marketing is being done to some extent at the current time, mainly thru online marketing such as website and social media outlets like Facebook. Proactive marketing is absolutely needed to grow the sales further as well as reaching out to customers within untapped areas of the business.
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About the Sale

Reason For Selling:
Looking for new opportunity
Training/Support:
Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible. Franchisor will also provide a comprehensive hands-on training to new owner.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1638824
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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U.S. Census Data for Collin County, TX
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Collin County, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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