Asking Price: $100,000 Gross Revenue: $252,950Cash Flow: $27,265 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $67,660 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This Franchise was introduced nationally on a national TV show. The franchise has grown from a California based franchise to the state of Texas! The current owner started this franchise in 2014 and has established this business as the kid's entertainment destination in the North Texas area! Here is a brief description of the business concept from their website: This franchise is the coolest play and party space for kids and adults. It’s clean, safe and fun for everyone! They set out to create a space that you would enjoy hanging out in as much as your kids do… And with their lovely outdoor garden, free WiFi, cappuccino bar, fabulous magazines and stress free gorgeous parties…they think they have done just that. That’s not to say they forget about the kids!! Your kids will play for hours in our enormous ball pit, 2 story curly slide, super cool rope climbing tunnel, fantastic bouncer- equipped with a basketball net… or they can pow wow in the teepee or dance the day away on the electronic dance and gaming floor! We pride ourselves on our fantastic parties. We have different options to choose from so you can select what best fits your needs. You do it all or sit back and let them do it all for you! And we do fantastic baby showers (Pampers and Champers), mommy group parties, school events, fundraisers, holiday parties, cocktail parties and more. You find a reason to party - they will provide a fun and unique way to celebrate!
Our investors found our business to be an irresistible investment - and now you can own this franchise too!
About the Business
Number of Employees:
1 FT/8 PT
A 3,717 square foot indoor and outdoor leased facility located in a growing community. This area is central to the growing Frisco community, less than 1/2 mile east of the Dallas North Tollway, making it very accessible for all family and friends in North Texas! The owner recently signed a 10 year lease agreement to ensure long term stability. Free parking is located out back
There are several strong branded competitors in the North Texas area for the kid's entertainment and recreation business. This franchise is well positioned to be successful in this field based on their franchise support/marketing, the location and the party entertainment services they provide. A new owner will be buying an established business, with all equipment, location and goodwill required to be a successful, profitable business from the start.
Growth & Expansion:
An full time owner actively engaged in marketing, working with clients, interactive in the community with education and families can rapidly expand the number of events and revenue.
Owner has a young family and wants to devote time to raising their children.
Will train for 2 weeks @ $0 cost. New buyer/owner would need to meet the franchise qualifications for ownership. The Franchise Development Document (FDD) is available for review in the due diligence process.
Profitable Children's Play Franchise in Collin County Texas
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