Business for sale in United Kingdom – North Hants/surrey – County of Surrey – Co153-children’s indoor play & party centre with café-north hants/surrey

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Business for sale in United Kingdom - Co153-children s indoor play & party centre with caf -north hants/surrey

Asking Price: 200,000 £ Real Estate: Lease
Sales Revenue: 500,000 £
Net Profit: 1 £
Year Established: 2002
Employees: 5FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Surrey/North Hants/surrey

Business types:

Arts, entertainment & Recreation

Business categories:

Other Arts, Entertainment & Amusement Businesses

Business description

originally established in 2002, this business lay empty for 2 years before being acquired by the present owners in october 2009. Since then, through vision and hard work, they have built the business to an impressive turnover of £500,000, in very little time and there is no doubt that the business is continuing this exceptional growth pattern. Unfortunately the focus of the owners has shifted recently due to family commitments and they have taken the reluctant decision to place this exceptional business on the market. The business caters to local children, from baby to 8 year olds and offers them a fabulous adventure playground and party facilities for birthdays etc. Parents can either relax and watch in easily accessible relaxation areas, while enjoying free wifi facilities, or join their little ones on their adventures. All are catered to with the onsite café, offering hot or cold food and drinks. There is also a dedicated and separate area for toddlers to enjoy their own safe facilities. Since starting the party business and tasking one dedicated member of staff to this, the party side of the business of has been growing extremely well and has resulted not only in additional business, but strong forward bookings for several weeks and months in advance. This has, in fact, become a superb growth area for the business and attracts ever more customers for the play centre itself. All of the equipment is in extremely good repair and state, being all fairly new, whilst the building itself not only looks good, but offers a warm and welcoming feeling to all customers. However, security of access and exit has been looked at carefully and systems installed to ensure all areas are safe and secure. Without doubt this business offers an excellent and profitable business to someone wishing an interesting and stand alone business, or it would equally appeal to a business looking to increase the number of centres they operate. Well worth viewing! key strengths: as they say, “location, location, location” says it all! this business is sited in a superb location with lots of young families within their catchment area. With the superb interior and equipment combined with the party side of this business, it will continue to grow into the foreseeable future. This business has indeed been built on very solid foundations.

Additional information

Additional information: Not Disclosed
Support & training: The owner will provide a handover period and is happy to provide ongoing support thereafter.
Reasons for selling: Due to the Owner’s family issues they are no longer able to dedicate the time and focus necessary for the continued growth of the business
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: 10 year renewable lease, expiring in 2019, with 5 yearly rent reviews and a current rental of £75,000 per year.
Location: The business is located in a busy and highly populated town in North Hampshire/Surrey, with plenty of their own parking and operates from a 10 year renewable lease, expiring in 2019, with 5 yearly rent reviews and a current rental of £75,000 per year.

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