Profitable Indoor Playground Business In Hamilton, ON For Sale

Description

Business type: indoor playground and family entertainment business

Location: Hamilton, Ontario

Current status: established operating business

Established: 2008

Operating model: indoor children's play centre and party venue

Current owner involvement: absentee

Services and revenue channels

• Indoor children's play activities
• Birthday parties
• Walk-in admissions
• Party and event services

Year-round revenue: established

Birthday party activity: established

Walk-in customer traffic: consistent

Customers and market

Customer base: established

Community presence: stated as strong

Market reputation: stated as strong

Lease

New lease term: 5 years

Lease rate: $12 per sq. ft.

Lease terms: stated as favorable

Premises

Facility size: spacious

Commercial kitchen: fully equipped

Commercial kitchen utilization: currently underutilized

Operations

Owner involvement: absentee

Owner-operator model: identified as an opportunity to reduce staffing costs

Expansion options

• Increase owner involvement
• Expand food offerings
• Add pizza sales
• Add snack sales
• Add catering packages
• Increase birthday party revenue
• Increase event revenue
• Increase utilization of the commercial kitchen

Financial profile

Seller estimate for hands-on owner net income: more than $100,000 annually

Seller estimate with operational improvements and expanded services: potential to exceed $200,000 annually

Potential buyers

• Owner-operators
• Family entertainment operators
• Children's activity businesses
• Hospitality operators
• Strategic industry buyers