|Reduced - Trampoline Park Franchise Resale|
NCListing DetailsOffice ID: PARK1
Listing Broker: Charles Milam, M&AMI, CBI
Listing Price: $1,950,000
Gross Revenue: $1,528,497
Cash Flow: $540,700
12 Month Forecast: $1,575,000
Forecasted Cash Flow: $600,000
Inventory Included: Yes
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will provide some financing to a qualified buyer.
Reason for Sale:Relocation - seller wants to return to family home and other business interests.
Training:Franchisor provided plus 10 normal workdays by seller at no charge. Seller is willing to continue working in an extended transition.
OperationsYear Established: 2015
Form of Ownership: S Corp
Employees (full-time): 4
Employees (part-time): 40
Business Description:This trampoline park franchise is continuing to grow both revenue and profit. Fun for chilren and adults alike for a fun time out, birthday parties, team building events, church outings or just some great exercise.
Historical Summary:Seller and absentee partner purchased the franchise rights. Seller then managed months of engineering and construction of this specific space.
Owner Qualifications:General business skills and sufficient liquid capital to qualify for financing.
Potential Growth:Seller has first right of refusal on additional space for additional attraction that would likely offer revenue growth of 15% and profit growth at an even higher rate. Complete details will be provided to qualified prospects.
LocationType of Location: Strip Center
Lease Expires: Dec 31, 2025
Option: two 5 year extensions
Monthly Rent: $27,916
Square Footage: 20632
Franchise Transfer Fee: $30,000
--Paid By: Buyer
Last Updated: Feb 7, 2020 / 2:26 PM
Financial Information Current as of: Jun 14, 2018 / 10:20 AM