BUSINESS DESCRIPTION
Lollipops Playland and Cafe is a franchise operation and is one of six in New Zealand. The business is housed in a purpose built building in Windemere, Tauranga. The exclusive territory covers the greater Tauranga and Western Bay of Plenty.
The depreciated plant and equipment value is $240,000, however the owners are happy to sell at a mark down value of $190,000 with stock and goodwill only $6,000. The potential is huge when compared with other franchise operations in the country. A new start-up franchise with a similar set up would equate to approx. $400,000+.
The business operates 7 days, 9 am to 5.30 pm.
It is not a child care facility but a playland. However during school holidays it has in the past participated in the Oscar Program that provides special holiday programs for children. This service is partially funded by WINZ and if the new owners re introduced this option it would increase sales and profits of the business.
There is also an opportunity to provide 'before school' and 'after school' care.
The national office of Lollipops provides marketing initiatives and support to the franchisee. Also there is good communication and a sharing of ideas between franchisee.
The owner, Susan, is one of the 3 full time employees and they also bring in part-timers as required from a pool of about 15.
The cafe on-site caters for all the birthday functions, casual snacks for children and parents, and also enjoys income from surrounding business as the local food outlet. This also could be expanded if so desired.
If you love seeing kids beam from ear to ear playing on some amazing equipment, holding birthday parties for the littlies and all the fun that goes with this...then this business is for you.
Lots of potential and the strength of a strong franchise lets you make a good salary while building your business and having fun all at the same time.
The vendors have put the business back on track and are now very motivated for a new owner to take over as soon as possible.