New Children’s Play Space & Summer Camp Venue

Business Overview:

Located in Eastern NC, this fun pirate-themed, 10,000 sq ft children’s party and play space was opened in May 2023 and has already been voted in the top 5 best places to go for family entertainment in 3 surrounding towns. It is outfitted with a bouncy house space, toddler area, sensory room, arcade games, snack bar and 3 party rooms as well as lots of comfortable places for parents to relax. Sale also includes 3 vans for transporting kids for afterschool programs. This business currently has 5 different revenue streams, but is setup for two additional large revenue streams including 3-hour drop-in childcare service and summer camps. There is very little competition in the area for this high-demand children's recreation and camp space. This business started turning a profit in the first 60 days. Owner has done a wonderful job building a beautiful space and business is ready to take off with the right owners. The owner invested $342,000 to outfit the business (FF&E and leasehold improvements) but did so with all cash, so the business is debt free. 

See the link below for the owner's video walk through of the entire space.
https://youtu.be/avSLVtzN-jY

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Property Features and Assets:

Monthly Rent: $6,000.00

Square Units (Foot, Meter): 10,000

Lease Expiration Date: July 20, 2028, 12:00:00 AM

Terms Options: Lease does not include insurance, maintenance, or taxes, does include HVAC.

Facilities: 10,000 square foot facility, located centrally in a shopping center

Market Competition and Expansion:

Competition: There is a very little competition for this type of children's recreational, party, camp space. It is located in a fast growing area of Eastern NC. There is no competition in a 20 mile radius.

 

Expansion: Additional revenue opportunities including filling after school spots, summer camps, 3-hr drop in daycare, increased food offerings, and memberships. Additionally, a small amount of additional advertising could go a long way. The current owner has also rented the facility to a church on Sunday mornings as there are few event venues in the area. This is another opportunity for a new owner.

Reason for Selling:

Reinvest in another business venture.

Additional Details:

Relevant Links:

• View more North Carolina businesses for sale
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