Inflatable Family Fun Center For All Ages
Location: United States -> Indiana -> Avon
Industry: Entertainment and Leisure > Amusement Parks
Businesses for sale Summary
Business is booming despite sluggish economy! Indoor location is very profitable on rainy or bad weather days, and especially during winter months. New facility located in fast growing Avon, Indiana. The business is fun, lucrative, rewarding and growing fast. It offers an indoor inflatable entertainment center for families (giant slide, obstacle course, moonwalk, toddler unit, rock wall, cosmic basketball (glow in dark b-ball), video games and a snack bar.) There are two professionally decorated party rooms for private and semi-private parties. The kids love this place, and they leave exhausted, parents leave content about money well spent. This facility is one of the main destinations for birthday parties in the community.
Manager and assistant managers currently run day-to-day operations. Owners oversee the operation. The Owners (husband and wife) started this business in 2007 and quickly realized that it is growing too rapidly making it difficult to balance business and family. Projected Annual revenue for 2008 is approximately $310,000. Annual income for 2007 was $151,000 during only five months of operation. Email or call me at 317-222-9522, if you would like to hear more and have a genuine interest in owning this Party Center for sale.
Facilities: Located in a new, clean 6,000 sq. ft. facility which includes: two party rooms, large inflatable play area, professionally designed glow in the dark basketball room, fully equipped concession dining area, two double stall restrooms, ADA compliant. Current lease is for 3 years and expires June 2010. Rent is reasonable and landlord is great to work with-very flexible and willing to bend over backwards for his tenants.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $310,000
Cash Flow: $98,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $98,000
Seller Financing: No
About The Business
Year Established: 2007
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Manager will train buyer. Seller wants to see this business continue to be successful and will offer any reasonable necessary training to assist new owners.
Reason For Selling: Difficult to juggle fast growing business and family.
