Property Features
| Property TypeBusiness For sale | Year Built- |
| SQFT- | Tenancy- |
| Building ClassA | Zoning- |
Details
- Proparty Sub CategorieEducation and Child
- Asking Price375000
- Cash Flow146000
- Gross Revenue560000 sqft
- EBITDAN/A
- FF&E450000
- InventoryIncluded in asking price
- Rent$10,025 /Month
- Established2012
- LocationSimi Valley, CA
- Real EstateLeased
- Building SF13000
- Employees16
- FacilitiesThe business operates out of a 13,000 SF building in an industrial portion of West Simi Valley. The facility was completely custom constructed for this venue with all appointments being purchased and installed when the build out occurred. According to the owners, designing the facility from scratch from an empty warehouse to its current state was a major accomplishment. They pride themselves on a high level of customer service and cleanliness of the facility, which is supported by their online reviews. There is a 10 years lease with multiple 5-year lease extensions included in the terms of the lease.
- CompetitionThe business's main competitive edge is the PRIVATE events (not open to the public) during the periods when private events are booked. This provides an extremely safe environment for families to enjoy their time. Their equipment is adult rated which is rare in the industry. Also, the ability to prepare their own food and not depend on outside food preparation is an edge. According to numerous customers, they enjoy the food better when compared to their competition, and the pricing is comparable or less than the competition as well.
- Growth & ExpansionThis is a great opportunity to grow and expand current operations. Additional online marketing, coupons and community involvement can increase both revenues and bottom line profits.
- Support & TrainingThe owners are committed to ensuring a smooth and successful transition to the new owner. They will introduce the Buyer to all the key customer and vendor relationships and train the Buyer in the management responsibilities of the business. Understanding the complexities of their operation, the owners are willing to train a new owner for up to 4 weeks at up to 25 hours per week.
- Reason for SellingThe owner has serious health issues which has required the sale of the business.
Description
This entertainment center is your neighborhood birthday party destination for private family FUN in a safe, clean and creative environment. Here you will find huge, custom-made inflatable jumpers and permanent structures that include the tallest and longest indoor inflatable slides. The equipment is right-sized for kids and parents to play together ensuring an active, memorable and fun-filled experience. Featuring both open play and private events including birthday parties, fundraisers and team gatherings, this center offers is a wild good time for everyone. Their free table games,fresh homemade pizza and DJ-quality music system add extra energy and excitement to your experience.
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