Listing ID: 80320
Extremely popular and profitable 6,100SF kids party venue featuring private party rooms, exercise classes, crafting, climbing walls/obstacles, jumping, sliding, video games, kitchenette, and more. YOY revenue has increased, and 2022 YTD has been fully booked! Turn-key business ready for a new owner. Manager and assistant manager installed and run most of the day-to-day operations.
The Company provides kids, ages 3-10, a safe and engaging space after school or on weekends for playtime, camps, and parties. The customer base is mainly within a 3-mile radius in an upscale Atlanta neighborhood. The marketing and branding are exceptional. The Company was created with expansion and franchising in mind.
Current owners are moving to attend to aging relatives. This is an excellent opportunity to acquire a profitable and fun business! Some owner financing is available.
This business is listed for sale by Ethos Business Advisors, LLC, a mergers and acquisitions firm based in Atlanta, Georgia. For more information about this opportunity, contact Jason Werner at 470-387-1727. Please visit our website for more information about our company and the services we provide our clients.
- Asking Price: $325,000
- Cash Flow: $288,181
- Gross Revenue: $612,368
- EBITDA: N/A
- FF&E: $90,147
- Inventory: N/A
- Inventory Included: N/A
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:6,100
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Exceptional location in sought-after Atlanta suburb.
The owner will assist for 30 days for the transition period.
The owner is moving to attend to aging parents.
The company was established in 2019, making the business 3 years old.
The company has 3 employees and is situated in a building with disclosed square footage of 6,100 sq ft.
The building is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell companies. Nonetheless, the real reason vs the one they say to you may be 2 absolutely different things. For instance, they might claim "I have a lot of various responsibilities" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might simply be reasons to attempt to hide the reality of transforming demographics, increased competition, current decrease in incomes, or a variety of various other factors. This is why it is very crucial that you not depend completely on a vendor's word, yet rather, utilize the seller's solution combined with your overall due diligence. This will repaint a more sensible image of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Lots of operating businesses take out loans with the purpose of covering points such as stock, payroll, accounts payable, etc. Remember that occasionally this can suggest that earnings margins are too tight. Many organisations fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that have to be satisfied or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area draw in brand-new customers? Often times, operating businesses have repeat customers, which form the core of their day-to-day profits. Particular factors such as brand-new competition sprouting up around the location, road building and construction, as well as personnel turn over can affect repeat consumers as well as adversely influence future incomes. One vital point to think about is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the higher the possibility to build a returning consumer base. A final thought is the general area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? Exactly how might the local median family income effect future revenue potential?