Listing ID: 82149
This Inflatable Indoor Playground Business for sale in Iowa comes with proprietary inflatable playground equipment used for children’s birthday parties, field trips and other special events. The business provides parents, day care businesses and area schools a clean, climate-controlled location for private parties, field trips, fundraisers and more. The business is open year-round and generally handles 80 – 120 private parties per month. The events at this business are coordinated by staff members so the adults can enjoy a safe and relaxing experience while the children bounce, jump, climb and run. The business has a robust client database, including email addresses, for approximately 22,000 clients.
- Asking Price: $345,000
- Cash Flow: $51,815
- Gross Revenue: $261,312
- EBITDA: N/A
- FF&E: $102,164
- Inventory: $4,545
- Inventory Included: Yes
- Established: 2004
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:11,000
- Lot Size:N/A
- Total Number of Employees:24
- Furniture, Fixtures and Equipment:N/A
The facility has approximately 11,000 square feet of space which accommodates all the inflatable equipment as well as private areas for parties.
This business has built an excellent reputation as a clean, safety-conscious business. Because of this reputation they often receive repeat bookings from parents for more parties as well as daycares for holiday and summer breaks.
A targeted marketing plan directed to bringing in new business from parents, childcare groups and schools would increase revenues. The business could also increase revenues by introducing new add-on products for parties such as glow items, bubble machines and character visits.
The business was founded in 2004, making the business 18 years old.
The transaction will include inventory valued at $4,545, which is included in the requested price.
The company has 24 employees and is situated in a building with approx. square footage of 11,000 sq ft.
The real estate is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons people choose to sell operating businesses. Nonetheless, the real factor vs the one they say to you may be 2 totally different things. For instance, they might claim "I have too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be excuses to try to conceal the reality of transforming demographics, increased competitors, current decrease in earnings, or an array of other reasons. This is why it is very crucial that you not depend totally on a seller's word, however instead, use the seller's answer in conjunction with your overall due diligence. This will repaint a much more realistic image of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans with the purpose of covering things such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that profit margins are too thin. Lots of organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that must be fulfilled or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area draw in brand-new customers? Most times, businesses have repeat consumers, which form the core of their day-to-day revenues. Particular aspects such as new competition sprouting up around the location, road building and construction, and personnel turnover can influence repeat customers and also adversely impact future earnings. One essential thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business on a regular basis, the better the opportunity to build a returning customer base. A last thought is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood typical household income impact future revenue potential?