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Reputable Children’s Soft Play Centre in Morpeth Northumberland For Sale, Established Over 10 Years

Morpeth, Northumberland

CONFIDENTIAL SALE

  • Status

    UNDER OFFER

  • Date Submitted:

    11/04/24

  • Advert ID

    609639

  • Reference

    B06853 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £149,950
  • Turnover: £205,602 (£3,954 Per week)
  • Net Profit: Not Applicable

Business Details

Reputable Children’s Soft Play Centre For Sale

Business
Please quote reference B06853

Hilton Smythe is delighted to present to the market Treasure Island Morpeth, a renowned children's soft play centre with over 10 years trading history.

The ‘Turn-key’ business opportunity is now being made available for sale due to our clients other business interests however will come with a full business handover to ensure the smooth transition.

Treasure Island is a multi-faceted business offering both general soft play entry, private birthday venue and cafe.

As you can see from the business photographs attached, the business is refurbished to a very high standard with all equipment fully maintained and cleaned to the highest standards.

There is a giant climbing frame and pirate ship dominating the main space.

In addition to general admittance/ birthday parties, the business supports many other activities/groups & special events which include -

  • Jo Jingles Mother’s day prints
  • Kalma Baby Discovery Trial
  • Baby Yoga
  • Halloween & Christmas parties
  • Themed picnic parties
  • Disco parties
  • Pirates & Princess parties
  • Makeover parties
  • Face painting parties
Treasure Island offers 4 types of private parties -

Party & Play     Party & Food      Standard Party      Pizza Party

Each party comes with private use of the complete space for 1 hours 30 mins.

Key selling points -

  • 4200 Facebook followers
  • Instagram page
  • Excellent customer testimonials
  • Only independent soft play centre in the area
  • Equipped to a very high standard
  • Increasing turnover levels
The sale of the business includes the following:

Kitchen-

  • 3 x Deep commercial fryer
  • 4 ring electric hob
  • Double commercial oven
  • Twin level stone baked pizza oven
  • Heated preparation unit
  • 3 x chest freezer’s
  • Standing freezer
  • Standing fridge
  • Full ventilation system
  • 2 x microwaves
  • Various commercial worktops, utensils, cutlery and tableware.
Servery-

  • 3 door drinks fridge
  • Coffee machine
  • Milkshake blender
  • Coffee Grinder
  • Walls Ice lolly freezer
  • 2 x tills
  • Chocolate stand
Front Desk-

  • Till
  • Laptop
  • Card Machine
  • 3 x Cash Toy machines (capsules, bouncy balls and tattoos)
Venue-

  • 35 x tables
  • 140 x chairs
  • 12 x kids tables
  • 30 x kids stools
  • Under 4’s play area fitted new 3 years ago with specialist clear platform and slide
  • full age range play area with large triple slide, 2 x winding slides, potential ball pit (was removed through covid restrictions and in storage) 3 levels, roller mechanisms, various platform challenges, seesaw and numerous soft blocks in varying sizes.
  • Kids fire engine ride
  • 2 x toilets equipped with hand dryers and baby changing facilities
  • 16 camera Cctv system
  • Electric shutters to front
Very rarely do independent soft play centres of this standard or location come on to the open market and we therefore strongly advise early enquiry to avoid any disappointment. 



Location
Treasure Island occupies a secure unit on Coopies Lane Industrial Estate in Morpeth, Northumberland.

The well renowned business sits within a popular estate with other ‘destination’ businesses which include a Brewers decorating centre, James Burrell builders, Castle carpets, Booker, Davidsons of Morpeth, Bristol Street motors.

The industrial estate is located just outside the main town centre and accessed just off the A196 link road with easy access to the busy A1 motorway.

Morpeth is a historic market town lying on the River Wansbeck, nearby towns include Ashington and Bedlington.

The business benefits from free customer parking directly outside.

Nearest mainline station is Morpeth.



Premises
The premises is comprised of the following:

  1. Secure reception area
  2. Party room 
  3. Large open plan area with dining space
  4. Service hatch
  5. Kitchen
  6. Toilets


Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £1,500 per month with rates payable at £6,000 per annum.



Hours
The business trading hours are as followed:

Monday to Friday - 09:30am - 18:00pm

Saturday & Sunday - 10:00am - 18:00pm



Staff
The business is run and managed by 2 full time and 8 part time staff members.



Financial Profile
We are advised the business generated a turnover of circa £200,000 as of 2019, further financial information can be made available upon request.

Please quote reference B06853



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THIS BUSINESS IS NOW UNDER OFFER

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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