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Business For Sale

Family Fun Center Destination Party Business

Travis, TX

Recreation: Entertainment

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$90,000
$69,229
Not Disclosed
$24,519
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2008
1
45184955

Business Overview:

This is an asset sale of a children destination fun center in Central Texas. The business focuses on children under 7 and they have a great location just off a major intersection between a North/South toll road and an East/West highway in a fast growing city. The business is two years old and is profitable (an annualized look at 2010 with data through June 30th suggests a 'seller's discretionary earnings' figure for 2010 of $24,519 after a 2009 'SDE' of -$1,018). The 6,000 square foot building is hand-painted in cheerful and exciting children themes and the equipment is all new and very clean.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business operates from a 6,000 square foot leased facility and the landlord offers the following rent terms: First 12 months - rent is $2,000 per month plus utilities and insurance (landlord will pay property taxes). From month 13 through month 18 - rent is $2,500 per month plus utilities and insurance (landlord will pay property taxes). From month 19 on, the base rent becomes $3,000 per month and the tenant pays full NNN - utilities, insurance, and property taxes.

Market Competition and Expansion:

There are two other children destination businesses in their vicinity, but the focus is more bouncy-house-centric and includes older children as the focus demographic. The business could be potentially grown through increased marketing efforts aimed in general at getting more traffic in the door. An area for focus could be the website (search engine optimization). Possible areas for expansion could also include adding additional hours and also possibly adding more food / concession prizes / games (arcade style).

Reason for Selling:

Owner to move on to next entrepreneurial venture

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: