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Business For Sale. Two Children’s Soft Play/activity Centres

LISTING DETAILS
Firms For Sale ID:
35048
Vendor reference:
CO184
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
€375,186  
Turnover / revenue:
€697,269
Net profit / cashflow:
€103,897
Years established:
11
Trading hours:
Location 1: Monday – Sunday: 10am – 6pm. Location 2: Monday – Saturday: 10am – 6pm. Sunday: 12pm – 6pm.
Number of employees:
16
Employees / staffing:
2 directors. Manager over both centres. 5 days per week. Location 1: 16 staff. Centre Manager- 5 days per week. Assistant Manager- 5 days per week. 2 cooks. 9 Part-time casual staff. Location 2: Centre Manager- 5 days per week. Assistant Manager- 4-5 days per week. 5 part-time casual staff. Cooking duties shared with management and full-time staff.

OTHER DETAILS
Reason for selling:
To focus on other business activities.
Support and training:
The vendors would be happy to stay and provide training for an agreed handover period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Location 1: Leasehold. 15 year lease signed 2008. Circa. 14,500 ft². Rent: £60,000 P.A. + VAT. Rates: Circa. £45,000 P.A. Toilets (ladies, gents & disabled). Separate café. Rear roller shutter access for large deliveries. 4 Fire evacuation points. 4 separate storage rooms. Mezzanine flooring for extra seating and larger group/party bookings. Location 2: Leasehold. 10 year lease signed 2018. Circa. 9,500ft². Rent: £25,000 P.A. + VAT. (Increases yearly). Rates: Circa. £11,000 P.A. Toilets (ladies, gents & disabled). Separate café. 2 Fire Evacuation points. 4 separate storage rooms. 3 separate themed party rooms. Located close to bus station.
 
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BUSINESS DESCRIPTION
2 Children’s Soft Play/Activity Centres
Available in 1 or 2 slots to suit potential purchasers.
Ref. CO184
Location : Ireland
Asking Price : £325,000 Incl. stock/equip
Turner Butler has been appointed to invite offers of purchase of the goodwill and assets of a company that operates 2 large child’s soft play/activity/indoor adventure centres.
Business Profile
The business for sale includes 2 large child’s soft play/activity centres.
Location 1 was established circa. 2008 and boasts large play frame, baby & toddler section, go karts, 5 aside football pitch, party rooms and café.
Location 2 only established in 2018 expects to see continued growth and also boasts large play frame, baby & toddler section, go karts, party rooms and a café.

Expansion Potential
Opportunity to introduce after school clubs.

Expected sales increase of £120K per annum for location 2 (only recently established).

Potential to rebrand café’s in both locations to leading franchises e.g. Costa, Starbucks, Bob & Berts.

Target schools and groups for larger group bookings.

Extend opening times and target older children.

Introduce laser-tag parties (insurance already approved).

Market / Competition / Non-Competition Agreements
2 good websites. Both have online booking facility.

Facebook pages (location 1 with over 7,000 likes/followers and location 2 with over 3,500 likes/followers).