Listed by:
Key Points:
Four Centres creating ideal platform for immediate expansion or available individually
Operating under experienced, retainable management
Impressive leasehold sites in carefully chosen locations
Each Play Centre is well established within the local community
Excellent reputation, held in high regard by clients and competitors
Gross Turnover for 2008£604,000 and Gross Profit of £241,752
Business Activities:
A rare opportunity to acquire a group of four Indoor Children?s Play Centre?s which would form an ideal platform for an individual or organisation to create a branded, regional Play Centre Operator. The Seller would also consider the sale of individual sites but preference would be given to a Buyer for all four Centres?. We understand that the cost of setting up a comparable new Centre is approximately £160,000, the sites on offer are all fully equipped, have trained staff and have established practices in place.
All four play centres have been established for over ten years and have developed strong links with their local communities based upon an excellent reputation for providing fun and safe entertainment for children. The current owner has over 20 years experience in managing play centres and this knowledge has been transferred into each one of the sites. The high quality play equipment is made up of colour play elements, rope bridges, ball pools, slides and passage ways for children to crawl through and navigate safely. There are large seating areas for around 40 individuals where parents can relax while their children play. These seating areas also double as a restaurant where children and adults can enjoy food and drink prepared on the premises. Each play centre also boasts a separate party area which allows private parties to be fully catered for without having to close the whole facility to the general public.
Through sustained investment in new equipment and a caring approach to having fun, the Seller has created a proven and successful play centre model which will act as a platform for immediate expansion for a new owner with the same focus for growth. Each Play Centre has a dedicated and experienced Manager to oversee its day to day running, assisted by a small team of reliable staff. Approximately 17,869 children visit one of the four centres each year. In addition these children will be accompanied by a further 26,803 adults who will typically spend around £6 on refreshments as their children play. Each centre also runs a membership scheme which offers reduced admission costs for an annual fee. We feel that this membership scheme offers a particular area of growth going forward.
Sale Basis:
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