Childrens Soft Play Centres for sale in Whitchurch

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John Peacock (Feb 2017)
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Leasehold Price: £184,995 Price Reduced Annual Turnover: £130,000 Gross Profit: £115,000 Annual Net Profit: £21,000
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Business Description
Close to the Town Centre
Annual Turnover £130,000
Gross Profit £115,000
Seating for 84 Customers
Parking is Available Directly Outside
EPC - C
REF 5978 – Leasehold Children’s Soft Play Area & Cafe

Blacks Brokers are proud to bring to the market this leasehold children’s soft play area and cafe located in a densely populated and busy area in Shropshire.

INTRODUCTION

This soft play center has been trading from an Industrial Estate for almost seven years with our client in ownership since opening. The business offers a fun and stimulating environment for children to play and learn and it has firmly established itself within the local community, gaining a large and repeat customer base.

LOCATION

The business is positioned on a busy industrial estate in Shropshire. This area is very close to town center (under a mile) and easily commutable from a number of large residential estates. Parking is available directly outside the unit. This position is neighboured by non-competing commercial and industrial companies.

REASON FOR SALE

The play center is only being offered for sale due to our client’s other business interests.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 7 years with rent reviews every 3 years. The current lease began in 2017 at a cost of £430 + VAT Per Week

BUILDING LAYOUT AND DESIGN

The business is housed within a modern industrial unit within a popular estate with large, roller shuttered frontage with glazed doors opening to main floor. This soft play center is well branded with signage displayed to the front and on the entrance. Inside, there is a spacious, open plan customer area with seating for 84. There are two children’s play areas, one for babies and toddlers and one for older children. These areas are finished to excellent standards, with climbing areas, ball pools, slides and much more. Administration can be completed in a private office and at the customer service counter with electronic tilling and servery in place. Toilets are available for male, female, disabled as well as a specific baby change area. The play center also caters for parties, with a specific party room and storage area. To the rear of the unit is a well-equipped catering kitchen, complete with fridges, freezers, coffee machine and other equipment. Access to this area for deliveries is available at the rear of the unit.

STAFF

The business is currently operating with seven members of part-time staff and our client working on a full-time basis.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and it has been trading solidly over its trading history. The business generates an annual turnover of £130,000 with gross profit of £115,000.

SUMMARY

This leasehold business offers impressive weekly takings and has established itself well within this sector. There is plenty of scope to develop the business further with later opening and a marketing drive, possibly the introduction of ride on equipment. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Coffee Machine (Leased); All other equipment included with sale
Fully fitted kitchen
Trading Hours:
Mon - Thu: 09:30 – 18:00
Fri & Sat: 10-18:00
Sun: 11:00 – 17:00

Tenure: Leasehold

Location Details: Whitchurch

Leasehold Term: Rent: £430 + VAT Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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5978
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