***PRICE DROP*** Well-Established Indoor Kids Playground
Plympton, MA
| Asking Price: | $1,200,000 |
| Gross Revenue: | $1,552,408 |
| EBITDA: | $350,000 |
| Established Year: | 2018 |
| Cash Flow: | $250,000 |
| Rent: | $30,000/Month |
| FF&E: | $500,000 |
Listing ID: 2241409Listing provided by BizBuySell
BUSINESS DESCRIPTION
Complete Turn Key and Systematized. Can be owner Absentee
Off the Wall Kidz introduces a much needed and highly requested style of indoor family entertainment to New England. There are so few play spaces in this area, and even fewer with an original design, family built feel and commitment to service and experience. Designed for children ages 1-11, this space is made up of an expansive two story play structure, interactive games, dedicated toddler area, pretend city style buildings, miniature bowling, age appropriate arcade games and more. Off the Wall Kidz has become a top spot for hosting Birthday Parties and welcomes over 1,000 booked events a year. Truly a gem of a community that will boast many years of success.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Plympton, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
25,000
Lease Expiration
01/05/2029
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Carver, MA: Built in 2018
North Hampton, NH: Built in 2021
FRONT: Office Furnishings, Hardware, Guest Storage and seating
MIDDLE: 4,500 sqft (MA) and 3,500 sqft (NH) two story play structures, pretend city buildings, miniature bowling (MA), Ball Blaster (NH), toddler area soft play, cafe tables, seating, Party Room furnishings, built in cabinetry
BACK: Kitchen equipment, storage units, tools and equipment
Competition
Both Off the Wall Kidz locations are in smaller communities surrounded by larger cities and towns that funnel in repeated daily consumers as well as tourists to nearby areas (Plymouth, MA and Hampton Beach, NH). There are a few competitors nearby but none include our same features or dedication to cleanliness and service as seen by reviews. The market has bounced back completely after Covid and we find families will do without other luxuries and still prioritize children's celebrations and entertainment.
Growth & Expansion
There are many opportunities for growth and expansion with this brand. We frequently receive requests from additional cities to open a location near them. We added North Hampton in our third year of business. The list is mostly in the pro column as the brand is well rated and will do well in communities lacking this specific type of entertainment.
Financing
We have relationships with multiple SBA lenders. Customers must have good credit
Support & Training
In our hopes to expand our secondary brand of business, we must relinquish Off the Wall Kidz but do so with hesitation and hold it in high regard. We will work effortlessly to assist new ownership with a smooth transition by providing a 30 day training period on daily operations, procedures, vendors, financials, community details, equipment maintenance and more.
BUSINESS LOCATION
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