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*** SOLD ***
Great Business - Loads of Fun!
Listing: #18089
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About this Business for sale in Rotorua
Great Business - Loads of Fun!This business is a one-stop shop for child entertainment and care. With an average of 168 rain days per year (40%) this facility is the only one of its kind in Rotorua where families can escape the elements. The popular centre provides the following services; • Indoor play for children aged 1 – 12 years • Birthday parties, events and private functions • Family café and barista coffee • Drop-Off service • OSCAR approved After School Care and School Holiday Programmes Finalists in the Rotorua 2012 Business Awards, this business has built a formidable brand and outstanding reputation within the community which has resulted in stable growth each year. The current OSCAR license is for up to 70 children per programme making it one of the largest providers in town. This business comes with a fleet of vans which provide a maximum collection of 40 children on the After School Programme and the opportunity to travel offsite with the School Holiday Programme. Both After School and School Holiday Programmes operate at near full capacity each term; however there is still room for further growth with the purchase of more vehicles and the potential to offer Before School Care. The owners have created a fantastic atmosphere with a top-class adventure playground. The showpiece giant inflatable slide (new September 2014) is complemented by a multi-level climbing structure, tunnels, bouncy castles and a host of other activities. Birthday parties, private functions and events contribute 30% of the income stream to the business. The popular packages, facilities and equipment allow patrons to feel each package is tailored to their specific needs and encourage repeat and loyal customers. The café also produces another income stream for the business. The menu has been designed for minimal waste and greater profit and caters for family café dining, birthday parties and functions. Revenue and net profit has grown annually for the past 4 years. The two part-time owners oversee excellent staff and have developed systems which would enable an easy transfer to a new owner. 2014 cash surplus available to 2 part-time owners exceeded $110,000. Price: $220,000 Sales Revenue PA: $454,866 Listing: #18089
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.