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Children Play Centre Business With Burgeoning Reputation For Sale

Newcastle, Staffordshire
Asking Price:
£165,000
Sales Revenue:
£278,000
Cash Flow:
Available on request

Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Jumbo Fun & Play Limited which is a well-established Children’s Play Centre with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

Jumbo Fun & Play Limited was founded by the current owner and his daughter in 2012 and the business has been a real labour of love for them and has an impressive number of regular customers along with a burgeoning reputation.

The business is now being sold, albeit reluctantly and with heavy hearts only due to the owners wish to concentrate other business interests, they are keen to see their beloved Play Centre pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

Jumbo Fun & Play is a massive 12,509 sq. Ft. ‘Pay and Play’ and party venue catering for children from 0-14 years old with top quality café facilities and an extensive range of freshly prepared hot and cold food and drinks. A warm welcoming environment where family and friends can visit to eat, drink and play every day!

Filled with fun and adventurous activities for everyone, whatever the weather, Jumbo Fun & Play is a multi-tiered soft play centre, providing a safe secure, clean and stimulating play environment, with dedicated play areas for babies, toddlers and juniors.

The business aims to provide families with a welcoming, Fun filled entertainment venue along with the adventure of play. Adults can relax and unwind in the spacious and comfortable seating area, whilst maintaining a good line of sight with their children. This allows them to interact with their children or feel safe knowing that their children are safe, because they can see them at play.

The sale will include the company website and Facebook page and the business enjoys great visibility on the internet.

The business is proud of its 5-star hygiene rating.

Reasons to Buy;

A well-established business with an enviable reputation and many existing customers
Current Manager would be happy to stay on a work for a new owner
Little or no competition locally
A real opportunity to increase turnover and profits significantly, the business has been run at a pace to suit previously
Opportunity for owners Accommodation if required
All fixtures and fittings included making this a real ‘Turnkey ‘business opportunity.
Ideal owner managed or partnership business

Hilton Smythe highly advise early viewing to avoid disappointment.

This great business is likely to attract considerable interest.

Location
Jumbo Fun & Play Limited is in Newcastle- Under – Lyme.

Newcastle- Under- Lyme is a market town in Staffordshire. At the 2011 census it had a population of 75,082. It is part of the borough of Newcastle- Under – Lyme, which had a population of 128,264 in 2016.

Jumbo Fun & Play Limited is ideally positioned in the town centre and sits alongside other complimentary retail businesses and offices and thus benefits from high levels of footfall and passing trade along with regular custom.

The business is nicely presented and maintained with clear visible signage and distinctive signage.

There is free off-street parking behind the premises along with on street parking in the roads and streets surrounding the premises.

Premises
Jumbo Fun & Play Limited occupies a substantial (12,500 sq. Ft) premises which was previously a supermarket and considerable money was spent in setting up the business which is arguably the best of its type for some distance. The business briefly comprises;

Play Centre

Windows to front, high ceilings which enhance the feeling of space, fluorescent lighting, wood effect flooring, 5 individual party rooms, 2 pool tables, disco room, go cart area, 3 tier climbing frame

Vertical drop slide

Toddler area

Baby area

Climbing wall

2 go carts

3 party rooms

1 disco room

Football pitch

52 tables 200 Chairs

5 plasma TVs

Café Area

With long bespoke counter with brick front and complimentary timber worktop, double glass fronted drinks chiller, stainless steel sink with Monobloc tap, coffee machine(£6k), coffee grinder, Lincat urn, confectionery shelving.

Kitchen

Generous and comprehensively equipped catering kitchen, vinyl non slip flooring, 3 stainless steel commercial fridges, 2 Samsung microwave ovens, stainless steel larder fridge with 9 pot salad bar, warming cupboard, full extraction system with stainless steel canopy, 5 burner gas hob, 2 x Lincat griddles, American style range cooker, twin basket fryer, Pesaro Grill Pizza oven, Dexion tyre shelving, stainless steel hand wash basin with wall mounted soap and paper towel dispenser.

Wash Up Area

With twin stainless-steel sinks and spray tap, 4 slot toaster, Buffalo panini maker, 6 slot toasters.

The premises are secured by an alarm system and a 30 camera CCTV system with smartphone connectivity.

Externally

To the rear is a car park that allows approximately 30 spaces.

Premises are circa 1387sqm.

Tenure
We are advised that Jumbo Fun & Play Limited is being sold as a leasehold business opportunity.

The existing lease is currently arranged on a monthly rolling basis and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £50,000 per annum which is reasonable given the size and location of the premises.

We are advised that the business rates payable are approximately £24,000 per annum.

Hours
Monday to Sunday 09.30 – 18.00

Staff
The business is run and managed for our client by a manager and 1 full time and 5 part time members of staff.

Financial Profile
Jumbo Fun & Play Limited generates an advised current turnover of circa £278,000 per annum and the business continues to grow at an impressive pace.

Property Information

Property:

Leasehold

Contact Information

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