Childrens Play Centre and Nursery With Excellent Decor

Undisclosed, Kent

Status

FOR SALE

Date Submitted:

30/05/19

Advert ID

243663

Reference

B05259 / Rightbiz
Leasehold: £79,995
Annual Turnover: £96,004
Business
Please quote reference B05259

Hilton Smythe are delighted to present to the market an exciting multi-functional children’s business opportunity, established over 5 years ago.

Our client added the nursery in August 2016, establishing a new space within the Playcentre for 6mth- 5 year olds, they are registered for 25 children and have recently been awarded a ‘Good’ rating from Ofsted. The original focus for the space concentrated on the Playcentre with several different rooms for different ages as well as a popular cafe.

The original founders of the business invested over £200,000 in creating a magical space with lots of interesting spaces including an amazing room for children parties, several sensory rooms and large central play area.  The main ethos is to stimulate children's development through interactive fun and play.

Children's birthday parties are also available with private hire, there are 3 options to choose from which include -

  • Weekday or weekend private hire time
  • 2 hours of entertainment
  • 2 trained entertainers
  • Face painting
  • Choice of hot or cold food
  • Birthday cake
  • Balloons and banners
  • Individual party bags
Play Centre - currently offering some exciting offers for new customers and existing customers which includes -

  1. Discounts for Grandparents
  2. Child minders
  3. Mall reward card customers
  4. NHS, armed forces and Emergency services
  5. Refer a friend 

Prices start at just £2.50 per section for 0 - 11 month year olds up to £6.95 at weekend sessions for 2 year olds +, there is also a popular £25 monthly pass option for those children (and parents/ childminders) who can’t keep away!

Nursery - currently taking children from 2-5 year old with a choice of either a morning or afternoon session. Income from the nursery is split between government funding and additional hours of top made by parents. To complement the care given to children there is a very good food menu available which also comes with help and advice on both manners and eating.

The business is currently run by our client who adopts a 100% hands off management approach, we feel there are several areas any new owner of may look to adopt to make the opportunity more profitable -

Apply staff efficiencies and cost reduction

Embark on a significant advertising programme to rebuild the Playcentre customer base

Increase awareness of all 3 parts of the business through social media platforms

Increase the number children parties and classes

Add an after school club.



Location
This popular Playcentre and Nursery is located in Kent.



Premises
**Over £200,00 invested including new electrics, equipment and decor installed in the last 12 months**.

 

Reception area - curved reception desk, CCTV system, security gate access into main Playcentre space.

Soft play area 

Baby room

DJ/ Disco room

2 x Additional Play rooms

Nursery - to rear of Playcentre

Children's toilets

Admin office

Dressing up room and children’s kitchen

Fully equipped cafe with tables/ chairs and high chairs for up to 28 children.



Tenure
We are advised the business is being sold as a Leasehold opportunity with 4 years remaining on a renewable 5 years lease paying just £20,000 per annum.

Current business rates payable are £6,000.



Hours
MONDAY TO FRIDAY - 9.30am - 4.45pm

SATURDAY - 9.30am to 5.00 pm

SUNDAY / BANK HOL - 11.00am to 4.00pm



Staff
Full time Manager, 3 x full time staff, 2 x part time and 2 weekend staff.



Financial Profile
The business achieved a Turnover of just over £96,000 in 2019

Please quote reference B05259



Contact Agent
Advert Reference:
B05259 / Rightbiz
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