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Soft Play Centre And Party Venue, Greater Manchester For Sale

Greater Manchester
Asking Price:
£350,000 Furniture / Fixtures included
Turnover:
£309,788
Net Profit:
£77,159

A well established, multi award winning, family run soft play centre and party venue in a busy town in the North West of England (Greater Manchester/Lancashire border) is now available for purchase. The business is running well and is ready for the new owner to turn a profit from day one.
Established in 2011, the business is very much a well loved part of the local community with a very loyal local clientele, in addition to many customers often travelling over 30 minutes (and past other play centres) to reach them.

Located in a 6,000 sq ft unit, the business is positioned on a well maintained business park with in excess of 100 parking spaces available. Other businesses on the park include a restaurant, gym, pottery studio and a private bar/club. The business park is found on one of the major routes in/out of the town with excellent transport links to surrounding towns, cities and the motorway. Although most customers drive to the play centre, the venue is easily accessed via public transport with a nearby train station and buses passing regularly.
The building benefits from natural daylight throughout which gives a light and airy feeling, unusual in a play centre.

The play equipment consists of three separate play frames including 0-2 year olds, 1-3 year olds and the main frame for older children along with a separate enclosed sports court area. The equipment is all from The Soft Brick Company, the industry gold standard for play frames, and has been very well maintained. The cafe area is considerately planned enabling parents/carers to see their children at all times on all areas of the play equipment.

A separate spacious party room is always well booked out with weekend parties and weekday classes for 0-5 year olds delivered by external companies. These sessions are well established, contracted weekly sessions (currently 15 per week) paying in advance for room hire. This guarantees revenue as not only do they pay room hire and bring many families into the venue, the vast majority of families also stop for a play and enjoy a coffee and lunch.
During school holidays, these sessions are replaced with ticketed events aimed at children of all ages, again on a contracted basis to guarantee revenue.
Weekend parties are always in high demand and we offer different party packages to suit different budgets.
An additional source of revenue is the exclusive venue hire option for parties after the play centre has closed for the day. These parties are currently offered from 6pm and often include large family groups bringing in external caterers, entertainers and many additional services - this is definitely an area where the business could be expanded by offering many of these services in house rather than outsourcing. Already in the business for upselling on parties is a disco booth with PA system and 2 very large bouncy castles.

The business has a very active social media following with over 6k likes and excellent enagement on their Facebook page with over 170 reviews with a 4.6 star rating and an excellent google business page with over 120 reviews and a 4.4 star rating. The business also benefits from a fairly new, maintained website.

The business runs with a long standing, committed and enthusiastic team and offers the new owner the option to work in house or leave the day to day management to the existing team.

The business has won many awards over the last 7 years including,
From thebestof UK: Most Loved Business in Town, Most Loved Soft Play Centre in the UK - for 3 years running
Raring2Go: Winner - Best Soft Play Centre, Highly Commended - Best Party Venue
Mums in the Know - Best Soft Play Centre
What’s on for Kids - Nominated for Best soft play centre and party venue and best activity for under 5’s

Included fittings include all play equipment, spacious party room with a separate store room, a fully fitted commercial kitchen, again with an additional and separate store room, fully fitted reception/cafe counter area including state of the art EPOS system (EPOS NOW) which has been in situ for 2 years and is fully maintained, professional barista coffee machine. The cafe has seating for 120 with brand new postura chairs. (Much more included, too much to list here.)

The business is available due to genuine reason for sale - the current owners are relocating due to family commitments.

2017 figures: Turnover £309788, Gross Profit £162948, Adjusted EBITDA Profit £77159 (EBITDA = earnings before interest tax and depreciation)

Property information

Property:

Leasehold

Location:

The business park is found on one of the major routes in/out of the town with excellent transport links to surrounding towns, cities and the motorway. Although most customers drive to the play centre, the venue is easily accessed via public transport with a nearby train station and buses passing regularly.

Premises Details:

Located in a 6,000 sq ft unit, the business is positioned on a well maintained business park with in excess of 100 parking spaces available.The building benefits from natural daylight throughout which gives a light and airy feeling, unusual in a play centre.

Size in square feet:
6,000

Business Operation

Reasons for selling:

The business is available due to genuine reason for sale - the current owners are relocating due to family commitments.

Trading hours:

9am-6pm with private bookings available from 6pm

Employees:
20
Years established:
7

Other Information

Support & training:

The current owner is willing to offer a handover period to be agreed with the new owner.

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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