FREEHOLD OPTION AVAILABLE £874,995 + SAV
Hilton Smythe is delighted to welcome to the market the PlayKidds soft play & Wrap Around school clubs, a children’s play centre, which is ideally located on Moorside Road and Bolton Road, Swinton, Manchester.
The business was originally established at Moorside Road in 2015, and Bolton Road in Jan 2018, only now is the business being offered to the market due to our client’s other business interests.
The business currently operates 7 days per week and generates an excellent turnover in the region of £324,000 per annum, with a gross profit of approximately 47%.
PlayKidds is a themed play centre for children aged 0-11 years of age, with multi-tiered play structure, providing a safe, secure and stimulating play environment, with dedicated play zones for babies, toddlers and juniors.
The play centre also offers party options, with a number of private party rooms, with birthday thrones. In addition, there is a glow in the dark golf course and a pirate ship.
There is also a café, which offers a comfortable and inviting environment, offering high quality food and beverages, situated overlooking the play structure allowing parents to watch their children while enjoying a coffee, the business has a 5-star hygiene rating.
The business incorporated the first school club in June 2016. This was added to in January 2018 with the introduction of a second location due to demand. The school club operates from Playkidds (Moorside Road) with a capacity for 40 children and PlayKidds 2 located on Bolton Road, which has the capacity for 35 children. In total there are 560 children registered across both school clubs. Our clients are also looking at the option of creating Playkidds 3.
The soft play area is decorated around a fictional cartoon family called Kidd. Each of the characters have a role and as such appear in a range of children’s books on Amazon, the story books feature a variety of lifestyle messages for children, such as road safety, and E-Safety, the books can be purchased on Amazon and in the play centre.
Our clients have secured the rights to develop these characters with additional merchandise by registering the character as a trade mark. These rights will be included in the sale of this business.
The business has recently had 40 solar panels installed, This will have a significant effect on energy bills in the future for potential buyers. In addition the new heating is state of the art infrared panels which are electrically powered. The panels have been chosen to ensure that children can play within the soft play centre without overheating, whilst other family members can benefit from the heating that warms objects not the atmosphere. All the lighting has now been replaced to LED and a recent energy bill showed a significant reduction in charges.
We feel there is scope to increase the turnover by extending the opening hours, pushing more advertising, such as leaflet dropping.
A new owner could also embark on a modest marketing campaign.
The business already has an excellent and very informative website in place to promote the business at www.playkidds.co.uk.
Our client is also looking at the option of obtaining their own app, which will allow customers to book in their children for the school club and pay online.
This is an excellent opportunity for a new owner, to acquire a very busy and lucrative business, therefore early discussions with Hilton Smythe must come highly recommended to avoid disappointment.Location
The soft Play centre is located on Moorside Road, Swinton, Manchester.
This location also incorporates a wrap around school club which is open to support parents with childcare before, after and in school holidays. The second school club is located on Bolton Road, Swinton, Manchester.
The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
There are several Railway and tram stations nearby the closest being Moorside station just a 2-minute walk away.
Also, there's a main bus link to and from surrounding towns.
The area is also well served by the A-roads, with East Lancashire Road and the A666 being within easy driving distance of the business, which links to the M60/M61 motorway networkPremises
Playkidds is situated within a large unit on Moorside Road, the area is surrounded by residential houses, schools and shops.
Moorside train station is just a few yards away, with ample stops nearby.
The premises also have a private carpark at the front and plenty of free side street parking.
The business is set over 2 floors.
Through glass fronted doors you come into the entrance, to the left is the safety gated entrance to the play area and café.
The building has bespoke artwork and décor throughout. There are 2 staircases leading to the 1st floor, one at the entrance and one in the café/seating area.
The 1st floor has an office, a number of party rooms and glow in the dark golf.
Please see floor plan for exact layout.
Equipment included in the sale comprises of,
Large play area
Softbrick built 3 tier Play structure (including balls and soft play equipment)
Soft brick built 2 tier toddler structure (including balls and soft play equipment)
Soft brick-built sports court
15 x Rectangle 2m tables
2 Door drinks refrigerator
So Pure Bean to Cup Coffee machine (3 years into a 5-year purchase plan)
2 x Electronic point of sale Tills
15 x Rectangle 2m tables
11 x Circle 1.5m tables
90 x Steel framed chairs
4x 2-piece sofa’s
2 x 32 inch LCD tv’s with wall brackets
1 x 120L fish tank with lights, heater and filter
Fully Fitted Commercial Kitchen
1 x 2 bay kitchen sink
2 x Chest refrigerators
1 x chest freezer
2 x Microwave
1 x Buffalo 2 bay panini grill
1 x Large smeg electric oven
2 x carte dor branded ice cream freezers
1 x Tall refrigerator
1 x Tall refrigerator with freezer compartment
1 x Hot plate servery with 3 heat lamps
1 x 4 bay toaster
1 x Kettle
6 x Stainless steel kitchen counter tops
20 x Large porcelain plates
15 x Medium porcelain plates
50 x Plastic children’s plates
40 x Plastic bowls
25 x Plastic containers
2 x Rectangle oven trays
2 x Deep oven trays
2 x deep rectangle oven trays
1 x Oven tray
50 x Plastic serving trays
100+ pieces of cutlery
1 x Milkshake blender
1 x 2 Bay electric hob
1 x Fibre optic sensory light
1 x Skylight sheet (sensory)
1 x cctv system operating 8 cameras around the building (DVR and Screen)
1 x Epson inkjet printer
1 x Lenovo computer
2 x wooden office desks
1 x wooden filing cabinet with 4 drawers
1 x metal filing cabinet with 4 drawers
1 x wooden 2 door cabinet with glass front
1 x wooden filing cabinet with 2 drawers
1 x metal filing cabinet with 3 drawers
1 x wooden shelving unit with 8 Pidgeon holes
1 x wooden unit with 3 drawers
1 x battery operated coded safe
1 x electric shredder
15 x arch lever files
4 x wooden party thrones
Glow In The Dark Golf
10 x UV lights
20 x glow in the dark rubber golf putters
10 x glow in the dark rubber adult putters
40 glow in the dark golf balls
9 x crazy golf holes (painted with glow paint)
1 x 2008 Ford Transit 17-Seater minibus (branded with Playkidds)
1 x 2007 Ford Galaxy Ghia with (P14YKD registration)
1 x 2006 Ford SMAX (P4YKD Registration)
12 x children’s removeable car seats
Other Equipment Included In The Sale
50 x Playkidds story books (printed)
Peppa pig mascot
Mickey mouse mascot
Minnie mouse mascot
Ninja turtle mascot
Spider man suit
4 x little tikes cars
1 x 32-inch LCD tv
4 x toilet basins
4 x wash hand basins
2 x urinals
3 x toilet cubicles
2 x baby changing units
1 x BT phone set with 2 handsets
1 x large red cushioned chair (Santa’s)
1 x wooden Pirate ship
Selection of party banners, bunting and table cloths
2 x wall fixed shoe pockets
The building is fully alarmed with cctv and kept up to date with health and safety and fire regulations.Tenure
Freehold Option Available At £874,995
Leasehold option - New 20-year Lease available on Moorside Road with annual rent of £48,000 (including Bolton Road).Hours
Playkidds 1 Moorside Road
Monday To Saturday 9am till 6pm
Sunday 10am till 5pm
Wrap around school club (Playkidds 2) Bolton Road
Monday To Friday 7am till 6pm
The business is owner managed with 17 staff members (4 full time and 13 part time)Financial Profile
The business reports a turnover for the last year of £324,000 with a gross profit of £152,000.