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Two Children’s Soft Play Activity Centres Ireland

Undisclosed, Undisclosed
Leasehold Price:
£495,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
247426
Reference
CO184 / Rightbiz

Details

2 Children’s Soft Play/Activity Centres
Ref. CO184
Location : Ireland
Asking Price : £495,000 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.

Equipment:

All equipment included in sale. The current value of the equipment is c£300,000.

Key strengths:

Businesses are situated in two good locations. Business 2 located closed to bus station.

Positive trading history of one location. Other business just established in second location.

Positive and certifiable evidence of profitable trading activity.

2 good websites with online booking facility.

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

Good scores on Google reviews.

Key Opportunities:

Opportunity to increase customer base, e.g. after schools clubs, older children.

Location 2 only recently established- opportunity to increase profitability as business becomes more well-known and customer base increases.

Asking Price:

The Asking Price of £495,000 is for the Goodwill and Assets of the company. The Assets are estimated to be worth c£300,000.

Advertising and Marketing:

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).

Growth and Expansion:

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).

Premises:

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.

Business Hours:

Location 1:

Monday – Sunday: 10am – 6pm.

Location 2:

Monday – Saturday: 10am – 6pm.

Sunday: 12pm – 6pm.

Security:

Shuttered premises.

Alarmed.

Employees:

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.

Support and Training:

The vendors would be happy to stay and provide training for an agreed handover period.

Reason for Sale:

To focus on other business activities.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Seller Details
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Listing Details
Leasehold Price: £495,000
Tenure: Leasehold
Sector: Recreation Businesses, Play Centre, Accommodation Businesses
Financials
Annual Turnover: £604,000
Annual Net Profit: £90,000
Key Features
  • Established Business
  • Company for Sale
  • Attractive Business
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