Entertainment – Play Centre
Business Code: FN1361
$550,000
Enquire now+ Estimated Stock (SAV) $10,000
Key Features: Excellent location in busy shopping centre - Strong party booking business - Modern fit out - Large indoor play facilities - Spacious seating area - All play equipment owned outright and compliant with Australian safety standards - No franchise or royalty fees.
State: NSW
Suburb: Blacktown
Location: Situated in a busy shopping centre in Western Sydney
Premises: Large indoor children's play centre and cafe with an area of approx. 560 sq. mts.
Too busy with another business
Sale Reason
09/2023
Established
Shopping centre parking
Parking
Weekdays - 2 full timers - Weekends - 2 full timers -4 part timers - Business currently under semi-management.
Employees
7 days - Monday to Sunday - 9 a.m - 7 p.m. Private bookings outside normal hours.
Trading Hours
9 years lease through to November 2032 - 5 months bond - rent increases by 4% per year.
Lease
Indoor children's play centre - children's parties - amusements and cafe. Spacious and modern indoor play centre which is extremely well patronised and continues to perform strongly with solid weekly sales and excellent customer reviews. This large centre includes extensive attractions for children including jumping air castle, jungle gym, grocery shopping & kitchen role play area, trampolines, overhead projector games, magnetic fishing games, Lego play areas, arcade style play games, ball pit play areas and air blow drive machines. The venue also includes a fully operational cafe and dedicated large party room. The business was previously operated under a franchise model but is now fully independently operated with no ongoing franchise fees or royalty payments.
Features
Excellent location in busy shopping centre - Strong party booking business - Modern fit out - Large indoor play facilities - Spacious seating area - All play equipment owned outright and compliant with Australian safety standards - No franchise or royalty fees.
Potential
Promotion through social media and internet marketing - Expand cafe menu and takeaway offerings - Increase evening private bookings and group events - Owner operator could further reduce wage costs and improve profitability.
Comments
Rent includes outgoings and electricity. Excellent presentation and fit out throughout. Approx. 40% of revenue generated from party bookings. All equipment owned by the business with nothing leased. Strong reputation and repeat customer base. Motivated vendor. Inspection highly recommended. Extra $2,000 monthly profit from arcade machine rental and party backdrop hire.
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