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Established Family Entertainment Center with Massive Indoor Playground

Riverside, CA
View from front corner
View from front corner
Asking Price:$450,000
Rent:$26,849.82/Month
Established Year:2018
Gross Revenue:$900,000
FF&E:$500,000
Listing ID: 2312999Listing provided by BizBuySell
BUSINESS DESCRIPTION

A Turnkey Opportunity for New Ownership.

Luv 2 Play is a well-loved family entertainment center in Riverside, CA, featuring a massive indoor playground that kids adore, along with themed party rooms, a unique open floor play area, a small arcade, and a pizza café serving crowd favorites. This business offers a turnkey opportunity with trained staff and established operational systems, making it easy for new ownership to step in and continue operations.

In addition to the existing offerings, there is an unused coffee shop area on the side of the facility, providing potential for expansion or the new owner’s creative business ideas. This additional business space is ready to enhance the overall experience or bring a new revenue stream.

With its reputation for clean, safe, and fun experiences, Luv 2 Play has become a go-to destination for birthday parties and family outings. The large indoor playground and diverse attractions make it a standout in the local market. Opportunities exist to grow the business further through targeted marketing or by leveraging the additional coffee shop space.

Don’t miss this chance to own a family-friendly entertainment center in a growing community. Contact us today for more details!

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Unfortunately, I've moved out of state and have not been able to focus on this business for 4 years now. The business is currently operating at a loss so I'm asking $450k or best offer. The buyer will need to also assume the SBA disaster relief loan payments $2300/mo.

The lease on the facility is good for another 8 years but there is probably room to renegotiate terms if you are knowledgeable in this area. Rent is currently $14,827/mo + NNN.

Luv 2 Play Riverside is a part of the Luv 2 Play franchise and pays a weekly royalty of 5% to the franchise, once again if you are knowledgeable in this area there may be room to renegotiate this arrangement.

DETAILED INFORMATION
Location
Riverside, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
18,500
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility has three different playground areas, 13 arcade machines, a full kitchen and pizza cafe in the back, and an empty cafe area in the front. The main playground has a 3,000 sq ft footprint and has 3 levels. The arcade is on the amusement connect redemption system for prizes and inventory management. The arcade games are fully owned and paid for. The pizza cafe has a full back prep kitchen and front kitchen with sales counter. Front kitchen has two pizza ovens, pizza prep area, and grab-n-go display case.
Competition
Recent competition opened in the local mall about 2 miles away. There are a few other indoor playgrounds around 15 miles away in neighboring cities.
Growth & Expansion
There are a lot of untapped opportunities with this facility mainly due to my lack of time and involvement as an owner. The empty cafe space up front is a prime spot for a deli sandwich shop, ice cream parlor, or acaii bar. The arcade could also be expanded quite substantially to bring in more revenue. The facility would greatly benefit from better marketing, fitness class partnerships, local school and church partnerships, better party sales/coordination and follow-up.
Support & Training
Staff is fully trained and operates the facility, does staff hiring and scheduling, and runs payroll and bank deposits. As the owner you can be as involved as much or as little as you would like. I will be available to help with a smooth transition of the business.
Reason for Selling
I retained the business through my divorce but have since moved out of state.
Franchise
This business is an established franchise
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Ryan Condron
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Ryan Condron
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