Business Summary:
Exciting indoor play and party center for children, ages 1 to 14. Open floor design with over 17,000sq feet and 20 ft high ceilings makes it easy to enjoy the many ways to have fun which includes inflatable jumping rooms and slides, arcade, party rooms and snack bar. Children 3 yrs and younger have their own safe play area with the latest toys so the whole family can have fun. Parties, which account for about 80% of the revenue, can be scheduled every 40 minutes in two separate rooms for eating and play which allows the general public to enjoy the facility simultaneously. Balance of the revenue is split between Open Jump and the Arcade which are very profitable segments of the business. Equipment includes 12 inflatables, full arcade, computer system, security system, flat screen TV’s, kitchen equipment and more. Business is run totally absentee and has great upside potential for full time owner operator. Payroll adjusted for owner operator. The partners are selling due to the demands of their full time businesses. Financials based on 2012 Tax Return. The business is now offered at $325,000, reduced from $380,000 which includes the fixtures and equipment valued at $75,000, and the inventory. Owner will accept a down payment of $285,000 and finance the $40,000 balance for qualified buyers. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.
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