Loopty Lou's Soft Play Centre & Infinity Gym, Buchan Braes, Station Avenue, Peterhead, AB42 3AR

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Combined Turnover - £709,156 Y.E 30/11/2023 • Combined EBITDA £373,311 Y.E 30/11/2023 • A Package of 2 Separate Businesses • All Equipment Owned Outright • Room for expansion • Complimentary indoor and outdoor spaces. EPC rating F. • Christie & Co Ref: 6890026

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Full Description: DescriptionThe property comprises a brick constructed building with a corrugated metal pitched wrap round roof. There are 52 car parking spaces onsite and two additional disabled spaces, and the plot is fully landscaped with grass areas and pathways on site.The building is split into two main areas:LocationPeterhead is a town situated on the A90 to the upper Northeast of Scotland. It sits approximately 30 miles North of Aberdeen, easily accessible on the A90. The town has a population of approximately 20,000 along with additional local population from surrounding villages. The property is located to the south of Peterhead in Boddam, an offshoot village of Peterhead. Situated just off the A90, the property sits in a modern industrial estate that houses various other businesses and companies including a children’s nursery. The site extends to just over one acre within the estate. Infinity Gym and Loopty Lou’s Soft Play Centre are situated approximately 262 miles North of Carlisle, with the M6 and M74 motorway providing the quickest access for those travelling from the south.Internal DetailsLOOPTY LOU'S SOFT PLAY CENTREA purpose-built soft play centre for children up to 12 years old. It is the largest soft play centre in Aberdeenshire. The centre is situated on the ground floor level of the unit and has a full layout play system supplied and designed by SPI Global Play Ltd. There is a separate baby and toddler zone for smaller ones to play in. A café is situated on this level for parents to relax while their children play. The café serves hot food such as baked potatoes, burgers and chips along with sandwiches and toasties. There is also a separate room dedicated for children’s parties and other related events.Website - INFINITY GYMA modern gym that caters for all needs and fitness levels. The gym is kitted out with top of the range Technogym equipment including cross-trainers, treadmills, exercise bikes, multi gyms, elliptical machines, rowers, free weights and further modern equipment. The gym is split into various sections including cardio areas, fixed weights and free weights areas and strength training. The facility covers all aspects of fitness, including cardio and strength training, and is signed up to an affiliation with HYDROX, a very popular sport event that has taken the UK by storm. Due to high demand, the gym recently underwent an expansion to accommodate an additional seven Technogym machines, with the new area now known as the "Leg Room. There is a studio on the first floor which can be used for cross training or other studio work such as spin classes. There are changing rooms and showers provided on the first floor which also includes a mezzanine area giving the gym a light and airy feel. The ground floor studio is predominantly used for additional gym classes and spin classes. There are dedicated, qualified fitness trainers throughout that can package a bespoke training schedule for members if needed.Website - External DetailsIn addition to the two businesses, there is a five a side astro turf pitch outside of the building towards the rear with floodlights for evening bookings. The pitch is also used for gym classes during the summer months along with the highly popular HYDROX events. In addition, the pitch is also used for football parties for Loopty Lou’s Soft Play events. This facility has proved extremely popular with robust bookings throughout the year and is a key additional revenue driver to the two main businesses.The OpportunityWe are instructed to offer for sale the freehold interest of Infinity Gym and Loopty Lou’s Soft Play Centre, on a share purchase agreement basis. Offers are invited at a guide price of £2,100,000 for 100% of the issued share capital of the holding companies. This is a unique opportunity to acquire two highly profitable leisure businesses in the coastal town of Peterhead, North East Scotland. The dual businesses generated a combined EBITDA of £373,311, showing a Y.O.Y growth of circa 12%. Loopty Lou’s and Infinity Gym represents a fantastic opportunity to acquire a profitable multi-use leisure business in the heart of the Northeast of Scotland. Each part of the business has the ability for further expansion, providing any new owner with the opportunity to increase turnover and ultimately net profit.The location of the unit provides easy access from Peterhead, Aberdeen, Fraserburgh and the surrounding villages and towns in the area. The car park with its abundance of spaces also ensures ease of access for the customer.StaffThe business is run by a mixture of part and full-time staff. Transfer of Undertakings (Protection of Employment) Regulations (TUPE) will apply to any remaining staff on day of transfer. Full details available on request.Trading InformationDetailed profit and loss accounts of the holding companies will be provided to seriously interested parties, subject to signing a Non-Disclosure Agreement.TenureFreeholdThe property is held under the following title: ABN139859Energy Performance CertificatesEPC 1