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Businesses For Sale   >>   Adult Businesses For Sale   

Children's Play & Learn Center

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $850161
Net Profit / Cash Flow  $245126
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1984
Number of Employees  10 - 19
Inventory  240000 Equipment & 1500 Inventory
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  The owner will remain post-closing for 30 days and supply a transitional period.
Reason for Sale  Retiring after many years of success in this industry.

Description  
Highly successful twenty eight year old children's learning and play center with a 2013 gross income of $850,161 and a net cash flow of $245,126 to owner operator. The facility is conveniently located in wonderful affluent area of Northern New Jersey and services various County within that region. This privately owned play center specializes in children's birthday parties, play groups, field trips, school class trips and the business caters to more than 125,000 children and adults yearly. The owner has elected to retire after many successful years in this industry and will supply owner financing and training to a qualified buyer. At this center the children are encouraged to touch, discover, learn and explore in a 16,000 square foot facility, featuring a substantial number of unique and educational exhibits. Their philosophy is to learn through-play in a safe environment where young children can stretch their legs and their imagination. This particular business has twelve full and part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $11,500. The opportunity has an assignable commercial lease which expires 2024-01-01 plus additional options, with a monthly rent of $10,000 and rent security $10,000. The commercial facility which consists of 16,000 square feet has a capacity for approximately one hundred and fifty customers. The sale includes a fully equipped children's play center with various displays and exhibits, toys, learning equipment, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation.The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 10:00 am to 5:30 pm.


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