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Entertainment Center Seeking Loan in Harrogate, UK

Business with a chain of 3 kids' play centers in Yorkshire seeks funds for expansion.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 2.5 million
Run Rate Sales USD 2.55 million
EBITDA Margin 18 %
Industries Entertainment Centers
Locations  Harrogate
Local Time 8:04 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1 million for 10.0% annual interest, 5 years (Native Currency: GBP 750,000)
Reason: To purchase our current leased premises.
Collateral Available: USD 1 million
Includes physical assets worth USD 660 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
Well established local business with 3 branches.
Hosted over 16,000 kids parties.
Have a database of 50,000 parents.
This is an unique kids party tech.
Revenue is from entry fees, cafe, birthdays, kids classes and events.
Products & Services Overview
Entry Fees, Cafe Revenue, Kids Birthdays, Kids Classes and Events.
Assets Overview
The business owns play centre frames, kitchen equipment, computers and other equipment.
Facilities Overview
We operate in densely populated suburbs in large warehouse spaces. There is an opportunity to purchase our current leased premises.
Capitalization Overview
The founder and owner has 100% share ownership. There is £500k in secured loans outstanding plus COVID debt that will be substantially paid off by next year.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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