Business Overview

This state-of-the-art play place comes equipped with custom-designed playhouses to excite and engage children’s imagination. At the same time, parents relax in a dedicated adult area, complete with complimentary coffee and Wi-Fi. A perfect establishment for hosting birthday parties, playdates, and storytimes. Art, Music, and Fitness instructors on site. A great turnkey opportunity.

Financial

  • Asking Price: $40,000
  • Cash Flow: N/A
  • Gross Revenue: $45,334
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

Seller currently has full time job.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell businesses. Nevertheless, the true factor and the one they say to you might be 2 completely different things. As an example, they may claim "I have a lot of various obligations" or "I am retiring". For numerous sellers, these factors stand. However, for some, these may simply be reasons to attempt to hide the reality of transforming demographics, increased competition, recent decrease in profits, or a variety of various other factors. This is why it is really important that you not count completely on a vendor's word, but rather, make use of the seller's solution along with your total due diligence. This will repaint an extra sensible image of the business's current situation.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many companies take out loans so as to cover things like supplies, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that profit margins are too thin. Lots of companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be fulfilled or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area draw in new consumers? Most times, businesses have repeat consumers, which develop the core of their everyday earnings. Specific factors such as brand-new competition growing up around the area, roadway building, as well as staff turnover can affect repeat consumers as well as negatively affect future earnings. One crucial point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the chance to develop a returning consumer base. A last thought is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood typical home earnings influence future earnings prospects?