Business Overview:
This “Niche” Indoor Play Company's business model has proved its resiliency in our recent economic downturn. The company, located in an affluent Chicago neighborhood, has maintained both revenues and earnings during tough times. The company’s primary customer base is concentrated within a five mile radius of the business. Customers from diverse areas do use the facility and often travel to tap into the special services the company offers. The established, core customer base generates referrals. The company enjoys a sterling reputation, high visibility in the community and an enviable track record of consistent sales and profitability. Experienced staff, whose tenure with the company ranges from six months to seven years, provides quality assistance to the owner. The staff takes charge of many of the special service events. You have the opportunity to step into a smoothly running, efficient operation that has generated Discretionary Earnings over the $75,000 mark for the last four years. 2011 revenues from preliminary in-house financials are approximately 5% less than those of 2010.
One Owner works the business full time and came from a management background. Those business and management skills resulted in an innovative 2004 start-up operation becoming a successful and solid established enterprise with proven systems place. Another owner who actively participated in establishing the company came from a technical/professional environment. This Owner now spends approximately eight hours a month in this operation (as needed). The acquirer does not need a technical background to do well operating this Indoor Play Company. If you enjoy working with people, and interacting with customers in a relaxed, friendly environment, while generating profits, this could be an excellent opportunity for you. The success of this Indoor Play Company demonstrates the Owners have correctly identified the needs of their customers and meeting those needs creatively and reliably.
The Owner will train and transition for two weeks (40 hours per week) with additional help and consultation as needed. This niche company has been pre-qualified by SBA preferred lenders.
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:
This leased facility affords easy access to major interstate highways, customers from a variety of Chicago Metro communities to access their services. The approximately 3,473 square feet of leased space affords ample room for operation with excellent parking for customers. The triple net lease is in effect through February 28, 2014 and has 3% annual increases. The Landlord has indicated a willingness to provide option years.
Market Competition and Expansion:
This "Niche Indoor Play Company" has experienced an influx of competition in the last three years. Several of those new startups have closed their doors. This company’s earnings have been resilient in light of increased competition and demonstrate the viability of the operation. Step into a smoothly running operation with an established customer base! If you enjoy working with people, all the ingredients for continued profitability are in place!
Reason for Selling:
Other Business Interests
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.