Sold
Well Established Childrens Play Centre For Sale
Blyth, Northumberland
- Asking Price: £175,000 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £160,000, further financial information can be made available upon request.
Please quote reference B06665
- Tenure: Leasehold
Please quote reference B06665
Hilton Smythe is delighted to welcome to the market a well-established and highly rated children’s play centre Bounce, located in the heart of Blyth. Our client took over the business in 2011, only now does the business come to the market due to our client’s ill health.
The business offers soft play for children aged up to 12 years. The centre includes an enormous frame, air hockey, multiple bouncy castles , cannons, Nerff equipment, several mega slides, and much more, with separate under 5s play area along with a coffee lounge and café area for the adults.
Current services offered -
- Cafe - hot and cold food
- Parties -nerf party’s and private party’s
- Addition needs nights
- General soft plays
Scope for development-
- Frames could be extended
- Role playroom could be developed more (This is new but showing to be very popular)
- Creating a Sensory room
- Advertising on social media and other platforms
- 1x large 3 level play frames, smaller under 5’s 2 level play frame
- 1x fully fitted baby and toddler area
- 1x football court
- 3x inflatables (2 bouncy castle 1 big slide)
- Fully fitted kitchen with all equipment included
- Tables and chairs around 190 covers
The playcentre profits would highly benefit from a partnership or family run business. Hilton Smythe advises early viewing to avoid disappointment. Viewings are strictly by appointment only and are to be arranged via Hilton Smythe.
The business is run and managed by 1 full time and 19 part time staff members.
The business trading hours are as followed:
Monday to Sunday - 09:00am - 17:00pm
The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade. The business further benefits from its own carpark.
Blyth is a town and civil parish in southeast Northumberland. It lies on the coast, to the south of the River Blyth and is approximately 13 miles northeast of Newcastle upon Tyne.
Bounce is around 10,000 sq. ft , on entry - A good size reception area leading onto the main floor, which has seating for around 160, to the right a have a party room, following onto the left an office, then the kitchen area with cafe looking into main floor, there is another party room, men’s toilets, disabled toilets, and ladies with stockroom.
Tenure
We are advised the business is being sold on a Leasehold basis with 10 years remaining on the Lease, the rent is £3500 per month.
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