Highly Motivated Seller - Bring Your Offer

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Asking Price:
$209,000

Gross Revenue:
$232,000
Cash Flow:
$164,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Established & Profitable Children's Indoor Playground that is VERY simple to operate. Family-freindly hours (NO late nights!) Cash business with NO receivables. Fun, Stress-Free work enviornment. Working wiith children is a positive setting. Strong repeat business that offers HIGH margins and has LOW expenses. Owner-operated business with no employees. However, hiring staff would be very manageable. If you want to turn this into a semi-absentee business, YOU CAN. This busienss launched in 2014 and has steadily grown every year. This busienss is recession resilent......parents WILL spend money on their kids because exercise and play are necessary for healthy childhood development. This is a 12-month a year busienss that offers little seasonality.

About the Business

Location:
Henderson, Nevada
Year Established:
2014
Number of Employees:
0
Real Estate:
Leased
Building Sq. Ft.:
3,200
Rent:
$1.18 Per Month
Lease Expiration:
8/1/2020
Website:
www.gigglesntots.com
Market Outlook/
Competition:
Only children's indoor entertainment facility in Henderson. This location services the Henderson and eastern Las Vegas trade areas.
Growth & Expansion:
Company boasts a 4.5 customer service rating on both Goggle and Yelp Reviews.A children's theater is under construction within this center which will bring in more families and children. Opportunities exist for new owner to grow the percentage of memberships and birthday party business.
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About the Sale

Reason For Selling:
Owner moving back home
Training/Support:
Owner will provide upto 2 weeks of training at COE
Seller Financing:
Will consider financing

Listing Info

ID:
1565259
Ad Detail Views:
2081

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Business Listed by

Robin Grayson

Vice Realty
License# 7006

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