Childsplay Tooting Franchise/ Site Aqcuisition
Our premier brand Childsplay is the world’s fastest growing chain of children’s play cafes. With an external and internal space this site was originally three separate units combined to create one.
Available as a franchise, for more about Childsplay franchises Read More. This site is also available for acquisition and conversion to D1/A3, pre planning permission for D1 has been applied for.
The site has an external buggy park, large ground floor area comprising seating / dining area, cafe - bar, part rented early mornings and after hours to pilates/yoga instructors.
There is also children's area with two storey soft play gym, office, w/c / shower room and kitchen.
To the rear is an excellent size outdoor space with three treatment / consultation rooms.
The property is currently operating as Childsplay Well being Spa which already generates a high turnover and is profitable with great forecasts for 2020 and beyond.
The business has a conservative estimated turnover of c. £710k after just year 1. With an anticipated net profit of £470k.
Terms
Rent: £55,000 per annum
Premium / Goodwill (including all furnishings and equipment) £150,000 if operated as Childsplay and £200,000 if not taken as a franchise.
Planning
Current planning is A1
Investigations have been made by the current tenants to change the use to A3 and we are informed that an extraction unit needs to be installed and some slight alterations costing an estimated £10k to obtain consent
This is a beautiful space in the heart of a beautiful residential area with a booming local market. With a strong affluent local parent audience this site has become well known and featured across local and national publications as one of the top children’s play cafes. It has a wonderful calming and beautiful aesthetic and parents love that it’s always a lovely place to enjoy some quiet whilst the kids play happily in our play rooms.
There is a strong retail display in this location given there are no local competitors. We also see this location perform highly for revenue through our partner systems for beauty with an almost full diary.
We have uniquely been able to find two incredible members of the team here who are both qualified therapists and have been fully trained as baristas ensuring we have no downtime here on the offering to our customers. FT staff can stay on.
They are both excellent with children and confident sales representatives able to sell well across our partner brands of products which range from toys to cards and stationery.
£200.000
