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BUSINESS FOR SALE - PROFILE #  41875016

Indoor Children's Party/Play Facility
Charleston SC area

Asking Price: $150,000   Down Payment: $150,000  
Gross Revenue: $252,332   Adj. Cash Flow*: $61,494  
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Executive Summary
Premier indoor children's party/play facility for sale.  Located in the Charleston, SC area this facility is perfectly situated for growth.  Original owner needs to sell as other business interest demand more time.  Multiple revenue streams from birthday parties, open jump/gym, after school programs, summer camps, concessions, and other sales.  Located in the same area for 6+ years this business has a favorable lease and strong track record.  Profitable with immediate upside potential for a hands on owner operator as the current owner is not there full time.  Strong staff in place.  This is a great family oriented business!  Call Bruce Rockwell at VR Business Sales at 843-766-4000.

Acquisition Highlights

  • Jump Indoors is the premier place for birthday parties, after school activities, and summer camps. Great location in North Charleston is located within 5 miles of 9 elementary schools with a student population of around 5,400. 9 in-house play inflatables/structures with separate areas for smaller children. Truly a turn-key operation with seasoned staff in place.
  • 7 days a week Monday thru Saturday 10am - 7pm Sunday noon - 6pm
  • Profitable operation with upside potential. Priced at 2.4 times SDE. The current owner relies on three part time managers and that could be reduced to 1-2 with more active involvement from the new owner. This would result in a reduction of payroll of about $10,000 increasing the bottom line by 17%. Current 2011 seller discretionary cash flow was $61,494 and would increase to $71,494. Price would then be 2.1 times SDE.
  • This is a great family oriented business. Do you have children who could work in the business with you? Great opportunity with a great lifestyle business.
  • 10,800 square feet of space with separate areas for smaller children, private parties, putt-putt golf, concessions, and other activities. Separate private party area allows for truly private birthday parties for the entire event. All equipment is in great condition and has been well maintained. Facility is sanitized once a week
  • Founded in 2005, one owner. Moved from the original location in 2008 to take advantage of lower lease prices.
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2005 Inventory: $1,000 Included
Employees: 0 FT, 12 PT , 3 Mgrs Furniture, Fixtures & Equipment: $48,000 Included
Lease/Rent: $5,200 Real Estate:
Building Sq Ft: 10800
    Total Assets Included in Sale: $49,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Bruce Rockwell
Phone:  (843) 766-4000
Fax:  (843) 725-0196
E-mail:  info@vrcharlestonbiz.com
VR Business Brokers - Charleston, SC
1403 Ashley River Road
Charleston, SC 29407
www.vrcharlestonbiz.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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