Two Entertainment & Party Centers For Children

Location: United States -> Ohio -> Northeast Ohio
Industry: Entertainment and Leisure > Other Entertainment and Leisure

Indoor inflatable party facilities are the perfect answer for parents who appreciate the convenience of hosting a special event for their children in a safe, attractive, clean weather controlled and private environment that promotes physical fitness. Designed for ages 2 to adult, this business features a system where kids can run, jump, bounce, slide, laugh, smile and enjoy themselves like no other party facility. They provide parents with everything they need to entertain their children and to create memories for a lifetime.

This is a franchise resale opportunity featuring two locations in strong communities. Intelligent buyers will recognize they are receiving the best of both worlds – the advantages of owning a franchise by receiving ongoing support without having to experience the painful start-up period that is required when you open a franchise from scratch. This franchise features proprietary inflatables and they have engaged their manufacturing partner to create new and innovative inflatables to keep the facilities fresh. They also provide an interactive system to manage business and maximize each party facility. The franchisor states that a new a new single location costs in the range of $200,000 on the low end to $800,000 on the high end, thus the asking price for these two profitable established centers is less than the cost of starting them up from scratch. Opportunities exist to increase sales.

Note: Buyer must have a net worth of $500,000 and liquid funds of $75,000 to purchase this business per franchisor requirements. Sale price is $400K. Contact for more information on these Entertainment & Party Centers for sale.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: $580,924
Cash Flow: $136,867
Cash Flow Type: Sellers Discretionary Cash
Inventory: $276,000
Seller Financing: Yes

About The Business

Year Established: 1900
Number of Employees: > 200
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Seller will provide training.
Reason For Selling: Relocation.