Ref 6687 – Leasehold Children's Play Centre
Blacks Brokers are pleased to bring to the market this leasehold children's play centre located in a busy area of Huddersfield, West Yorkshire.
The Fun Factory has been trading from Colne Valley Business Park for over twenty years. Our client took ownership of the business in 2013 due to the superb reputation and trading position. The business is well known and has an excellent reputation in the area with a large base of regular customers and a number of excellent reviews noted on Google, Facebook and Trip Advisor. The centre also has a five star hygiene rating in place.
The business is positioned on a busy main road close to both residential properties and local independent businesses. The area is well linked by the M62 with good public transport links and free parking immediately outside. Locally, there are eight primary schools bringing a constant stream of customers to the centre.
The business is ideally suited to a hands-on owner-operator, our client is looking for a change of lifestyle. Therefore the business is offered for sale and presents an excellent opportunity for a new owner-operator to take the business to the next level.
The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The lease will be fully negotiated with our client upon sale of the business, it will run at a cost of around £1,004.99 per month.
The business is currently operating with six members of staff in employment supporting our client and partner working on a full time basis.
The Fun Factory has traded well since opening. Accounts for year ending 31st March 2020 show annual turnover of £75,397 with gross profit of £40,885. Full financial details are available after viewing.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business occupies a superb trading position on a busy main road and has a base of regular customers from the local area. There is plenty of scope to develop the business further with the introduction of an online presence and strong marketing drive. This proposition would ideally suit another owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £85,000.
Please quote ref: 6687