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Business For Sale
ABSENTEE-OPERATED CHILDREN'S PARTY FACILITY
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Asking Price: |
$125,000
USD USA Dollars
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Business for Sale Industry: |
Recreation: Entertainment
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Reason for Selling:
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Moved to Louisiana |
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Year Established:
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2006 |
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# of Employees:
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12 |
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Yearly Revenues:
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$117,000 |
Business for Sale Overview:
This absentee-operated franchise has trained management, existing clientele, a great location that is fully furnished and operational and an experienced owner to guide and train you.. This facility is the destination location for birthday parties in the community. The business has hosted over 25,000 clients, since opening in December, 2006. The average ticket per party is $300. The business averages 40 parties per month and this continues to grow. Parties are typically booked 30 - 45 days in advance. The owner did not work weekends or nights before relocating because of the excellent supervisors and managers they have. To start up a business like this would cost up to $371,000 including franchise fee, leasehold improvements, furniture, fixtures, equipment and inventory. You would have to locate a building with a minimum of 6000 SF of space with 16 - 20 foot ceilings and finish it out. You would then have to hire your employees and develop an advertising campaign to attract clients.
Property Features and Assets:
6,400 Square Feet including fenced in storage yard, rent including triple net charges is $5,931. Includes 5 inflatables, arena, reception area, party room and office.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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