The sale of Let’s Imagine Indoor Playground in Bentonville, Arkansas closed recently, according to CBI Northwest Arkansas Managing Partner Jon Holbert. CBI Executive Business Broker, John Green, brought the seller and buyer together.
Let’s Imagine Indoor Playground opened in late 2019 with high expectations going into January 2020. With a successful and profitable kick-off the business was looking up, until the Covid pandemic and social distancing caused major disruptions for this indoor playground. Founder and Seller, Michael Coetzee came to CBI seeking assistance. Although the business had struggles to make a profit during the Covid pandemic, CBI Executive Business Broker John Green noted, “If you have a motivated seller and a motivated buyer a deal can come together.”
Let’s Imagine indoor playground is a great place to let the kids have an engaging and safe environment to have some fun. Let’s Imagine playground features private event rooms to host a birthday party or other special events. The new owners, the Santos family plan to add a ministry aspect to this business and show potential to grow their new business. Congratulations!
CBI Business Brokers served as advisor to Let’s Imagine Indoor Playground in this transaction. During the process, CBI identified many other prospective buyers. If you have been thinking about selling your business CBI has a large buyer database with pre-screened prospects. Contact CBI today at confidential@cbiteam.com or call 877-582-5200.
