Tulsa Children's Play and Party Center - Established in 2007

Asking Price$199,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$560,000

InventoryNot Disclosed

FF&E$100,000
Included in asking price
Real EstateNot Disclosed

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Tulsa Children's Play and Party Center - Established in 2007


Asking Price$199,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$560,000

InventoryNot Disclosed

FF&E$100,000
Included in asking price
Real EstateNot Disclosed

Business Description
Price is discounted to generate a sale. The long time owner of Tulsa's best private play and party center for kids needs to move on. This gives a new owner a huge opportunity to step in with fresh energy and quickly build equity. The location is a home run and always has been located in a south Tulsa retail center. We have a huge customer base of fans of the business. We have great relationships with local schools. What has been missing is day to day leadership and community involvement from the owner as its been operated absentee for most of last 10 years. A little bit of community involvement, marketing and fresh energy combined with a refresh of the look and some equipment and sales could easily double with a couple years. With the owner more involved there are costs to be cut as well. Labor costs will be reduced for sure.
This business is very simple to operate and it is a lot of fun. In fact the business is all about fun!
With the asking price as low as it is, you can get started for half of what it would take to start new.
About the Business
Years in Operation
19
Employees
18 (2 Full-time, 16 Part-time)
Franchise
This business is an established franchise
Facilities & Assets
Huge indoor play facility. 10,250 sq ft. Two huge play rooms and two large party rooms.
Inflatables, play equipment, toddler play equipment, computers, furniture and furnishings, retail inventory and huge customer database with strong service reputation
Market Outlook / Competition
No direct competition for Private parties and not many places where large field trips can go. We have a large field trip business that has potential for growth almost as much as the birthday party business.
The market for birthday parties and kids play in Tulsa has always been very compelling. We serve ages 1 to 10 primarily and the competition is almost all focused on ages 8 and up
Opportunities for Growth
The growth opportunity lies with a passionate new owner bringing new energy. The owner launched the business in 2007 and has been very successful. In recent years the business has been operated more absentee as ownership opened new businesses. The existing management team and staff are phenomenal. The business needs new energy and some investment in some new equipment and paint, etc. There is opportunity to reduce labor costs and a HUGE opportunity with marketing, Current ownership just has not had time to dedicate and management is really amazing at executing awesome birthday parties and play time. They are not great at marketing.
About the Sale
Seller Motivation
After 20 years owner is focused on other businesses
Transition Support
Franchise offers training and owner willing to stay on to assist with training as needed. Current management team operates the business without the owner directly involved. They can assist with training as well. This is not a complicated business. Greet people with a smile and make sure that you deliver an amazing kids party or play event.
Listing Info
ID
2507319
Listing Views
15

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Business Listed by: John Anderson

Listing ID: 2507319 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.