Amusement Events Business with Seller Financing

Torrance, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,338,000 $1,571,836

Recreation: Entertainment


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RE: Amusement Events Business with Seller Financing Broker: Chris Beckman
Owner Financing is Available!
$125,000.00

Quick Facts

Asking Price: $1,338,000
Annual Revenue: $1,571,836
Net Profit: Not Disclosed
Cash Flow: $482,268
Total Debt: Not Disclosed
FF&E: $217,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 32
BBN Listing #: 180858242
Broker Reference #: 95371-682200

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Business Overview:

Turnkey opportunity established in 2013, clean book records, great location. The company has built a tremendous reputation as a great place for events and parties.

This is a 22,000 square feet facility with 2 large indoor private arenas, climate-controlled filled with big sliders, imagination blocks, giant inflatables, a combination of a rock wall and dual lane slide. This business offers private and public events. Additional it offers different party packages with food and service. Plenty of parking space.

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Property Features and Assets:

Restrooms, plenty of parking space, storage. Pump It Up is the pioneer in private birthday party entertainment. Founded in Pleasanton, California in 2000, due to its popularity, Pump It Up began franchising in 2002. Pump It Up Torrance was established in 2013 by the current owner operator. Today, Pump It Up is a kid's favorite destination and has set the industry standard for indoor inflatable safety, while providing their community with fun, healthy family activities and a place to celebrate your family's most precious moments. The business has a broad customer base and has seen steady revenue streams especially over the past 4 years, and has seen Seller's Discretionary Earnings increasing by 33% from 2016 to 2019, with an overall SDE over $482,269 in 2019! In addition, the business has managed to decrease operating expenses by -34.4% over the past 4 years and had an adjusted EBITDA of over $432,000 in 2019.

Market Competition and Expansion:

The business has an average between 170 - 200 parties a month. They want to be the first choice for parents to have a safe but fun place to host their events. There are some others companies in the LA area, but very few with the reputation and good will that they have. The other competitors are public event venues. Pump It Up offers private events. Some direct competitors include; Scooter Jungle, Chuck E Cheese, Adventureplex. The business could offer summer day camps, after school care, attractions to infants and toddlers (currently there is not fee for kids under 2y old.) Great potential to push weekday parties and events, and use the space for an "after school" destination during the week.

Reason for Selling:

Retirement

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.

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