Indoor Entertainment or Preschool Opportunity

Fremont, CA (Alameda County)

Playground equipment
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Asking Price: $275,000

Cash Flow: $0

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: $250,000

Rent: $5,810 per Month

Established: 2019

Indoor Entertainment or Preschool Opportunity

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Business Description

Brand New Prime Location in Fremont

Currently operating as an indoor entertainment and event center for children offering arts and crafts classes catering to small groups of 25-35 persons(s) per event. Opened for business in September 2019 and was doing very well with parties booked in advance of 6 months. Has remained closed due to Covid. This location used to be an afterschool and/or part time preschool and prospective buyers may consider this (equipped and ready to go).

Detailed Information

Location:
Fremont, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
2
Facilities:
Beautiful brand new indoor entertainment and learning center for children, hosting events, birthday parties and classes. Opened in October 2019 and was booked solid for birthday parties until Covid. Had to close due to Covid. Used to be a learning center and part-time preschool prior and new owner may revert to that use if they wish. Current owner relocating out of area hence selling the business. Landlord very cooperative, have 5 year lease with 5 year option. Been at this location for 15 years. PRICE REDUCED TO $275K for quick sale.
Competition:
Excellent location, prime area in Ardenwood Fremont.
Growth & Expansion:
Demand for small play groups and birthday parties. Lot of demand for part-time preschool in this area.
Support & Training:
Training and support for birthday event center 14 days
Reason for Selling:
Owner relocating
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Business Listed By:
Rennu Dhillon

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Ad#:1823856

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