Under Offer
Reputable Children’s Soft Play Centre For Sale
Morpeth, Northumberland
- Asking Price: £149,950 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £200,000 as of 2019, further financial information can be made available upon request.
Please quote reference B06853
- Tenure: Leasehold
Please quote reference B06853
Hilton Smythe is delighted to present to the market Treasure Island Morpeth, a renowned children's soft play centre with over 10 years trading history.
The ‘Turn-key’ business opportunity is now being made available for sale due to our clients other business interests however will come with a full business handover to ensure the smooth transition.
Treasure Island is a multi-faceted business offering both general soft play entry, private birthday venue and cafe.
As you can see from the business photographs attached, the business is refurbished to a very high standard with all equipment fully maintained and cleaned to the highest standards.
There is a giant climbing frame and pirate ship dominating the main space.
In addition to general admittance/ birthday parties, the business supports many other activities/groups & special events which include -
- Jo Jingles Mother’s day prints
- Kalma Baby Discovery Trial
- Baby Yoga
- Halloween & Christmas parties
- Themed picnic parties
- Disco parties
- Pirates & Princess parties
- Makeover parties
- Face painting parties
Party & Play Party & Food Standard Party Pizza Party
Each party comes with private use of the complete space for 1 hours 30 mins.
Key selling points -
- 4200 Facebook followers
- Instagram page
- Excellent customer testimonials
- Only independent soft play centre in the area
- Equipped to a very high standard
- Increasing turnover levels
Kitchen-
- 3 x Deep commercial fryer
- 4 ring electric hob
- Double commercial oven
- Twin level stone baked pizza oven
- Heated preparation unit
- 3 x chest freezer’s
- Standing freezer
- Standing fridge
- Full ventilation system
- 2 x microwaves
- Various commercial worktops, utensils, cutlery and tableware.
- 3 door drinks fridge
- Coffee machine
- Milkshake blender
- Coffee Grinder
- Walls Ice lolly freezer
- 2 x tills
- Chocolate stand
- Till
- Laptop
- Card Machine
- 3 x Cash Toy machines (capsules, bouncy balls and tattoos)
- 35 x tables
- 140 x chairs
- 12 x kids tables
- 30 x kids stools
- Under 4’s play area fitted new 3 years ago with specialist clear platform and slide
- full age range play area with large triple slide, 2 x winding slides, potential ball pit (was removed through covid restrictions and in storage) 3 levels, roller mechanisms, various platform challenges, seesaw and numerous soft blocks in varying sizes.
- Kids fire engine ride
- 2 x toilets equipped with hand dryers and baby changing facilities
- 16 camera Cctv system
- Electric shutters to front
The business is run and managed by 2 full time and 8 part time staff members.
The business trading hours are as followed:
Monday to Friday - 09:30am - 18:00pm
Saturday & Sunday - 10:00am - 18:00pm
Treasure Island occupies a secure unit on Coopies Lane Industrial Estate in Morpeth, Northumberland.
The well renowned business sits within a popular estate with other ‘destination’ businesses which include a Brewers decorating centre, James Burrell builders, Castle carpets, Booker, Davidsons of Morpeth, Bristol Street motors.
The industrial estate is located just outside the main town centre and accessed just off the A196 link road with easy access to the busy A1 motorway.
Morpeth is a historic market town lying on the River Wansbeck, nearby towns include Ashington and Bedlington.
The business benefits from free customer parking directly outside.
Nearest mainline station is Morpeth.
The premises is comprised of the following:
- Secure reception area
- Party room
- Large open plan area with dining space
- Service hatch
- Kitchen
- Toilets
Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £1,500 per month with rates payable at £6,000 per annum.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
