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Children's Gym and Party Center

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$275,000 $265,000 $112,900

Business Summary:
3,000 sq. ft. with ample parking, in the center of an upscale community. Newer building, presents well, open gym area plus party center plus classroom facility. 5 year lease option can be extended. Increase enrollment base; fill in slow afternoon periods. Add more parties and evening events. Build up summer camp; add more programs from affiliate Kidville. This franchised gym & birthday party center is in an outstanding location in an upscale town. Structured activities playground, parties, and special events for children 4 months to 9 years. License transfer fee $10,000 equipment $40,000.00. Payroll reflects owner operator. Average enrollment 150-175 plus parties and events. For further information please contact Larry Svoboda at 908-851-9040 Ext. 267.

 
   
   
Year Business was Established: 2006
   
Number of Employees: 1FT/5PT  
   
Facilities / Terms of Lease: 3,000 sq. ft. with ample parking, in the center of an upscale community. Newer building, presents well, open gym area plus party center plus classroom facility. 5 year lease option can be extended  
   
Potential Growth/Expansion: Increase enrollment base; fill in slow afternoon periods. Add more parties and evening events. Build up summer camp; add more programs from affiliate Kidville.  
   
Competition: Excellent local demographics for this business; competitors not as well equipped for children activities; target market is ages 4 months to 9 years old.  
   
Owner willing to finance: Prime + 2%: 2 year note  
   
Owner willing to train: As required; staff and director in place; enrollment averaging 150-175, plus parties and events  
   
Reason for selling: Other business interests  

 

 

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