Bounce House Rental

Bounce House Rental

Available

$299,000.00

Listing Number :

 3706

Status :

Expired

Price :

$299000

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Area

3000 lot size 6000

Description

This franchise is known nationally as a leader in the children’s entertainment business (bounce house rentals). The franchise for sale is locally owned by people who answer the phone and deliver/set up the inflatables for parties. They are proud to tell you that their rentals are the best built, bounciest and best looking inflatables available and invite you to join the list of satisfied jumpers.
The inventory is kept in a rented warehouse. 3000 +/- square foot premise with a base rent of $3375. monthly. The lease is offered for 3 year terms, current term expires this year. Seller Claims: Average yearly sales for the last four years is around $400,000. gross yearly and net to owner around $100,000. The present owner has 2 licensing agreements or Counties in his protected territory – both are included in this offering along with four trailers (5×8 & 6×12) plus all the inflatables (60-80 units). No trucks or cars included, buyer will need his own vehicle.
Ever thought about owning a franchise with no initial franchise fee!  Only pay a 10% royalty fee! Where else is that offered?
3706
Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established: 1986
Year Purchased: 2004
Business Type: Bounce House Rental
License(s) Required:
Hours of Operation: 7x days 9-5
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3706
Date Available: 05/18/2019
Reason For Sale: other Interest
Annual Total Revenue: 400000
Annual Net Income: 100000
Inventory:
Monthly Payroll: 4000
Lease Information
Base Rent: 3000
Lease Expires: 09/2019
Lease Option:
NNN:
 
Financing Information
Down Payment: 299000
Owner Will Carry:
Other Finance Terms:

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