Kids Cafe- Play Centre- Entertainment
Business Code: FN1373
$500,000
Enquire now+ Estimated Stock (SAV) $40,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Play centre & kids cafe - Lower North Shore - Nets $2,700 pw - Sales $8,400 p.w.
State: NSW
Suburb: Lane Cove
Location: Prime position within a busy shopping village in Sydney's Lower North Shore, surrounded by quality residential neighbourhoods, schools and family-oriented amenities, generating strong repeat business from local families.
Premises: Large well equipped centre with an area of 334 sq. mts. plus attached cafe
Business Overview
Modern and beautifully presented indoor children's play centre and kids cafe. This well-established business offers a unique combination of premium indoor play facilities, children's birthday parties and a fully equipped cafe, attracting a loyal and growing customer base.The spacious premises feature a wide range of children's attractions including a large ball pit, interactive wall games, combo play structures, mini hill play area, workshop and activity rooms, together with a dedicated party room and fully operational cafe. The business enjoys strong weekly sales, excellent online reviews and a solid reputation within the local community. - The venue hosts corporate/private events and year end parties for businesses in surrounding and outside areas. Operating under semi-management, it provides an excellent opportunity for either an owner-operator or an investor seeking a well-established hospitality and entertainment business.
Owner focusing on other business interests.
Sale Reason
Jan. 2024
Established
Large shopping village car park immediately nearby.
Parking
Semi-managed operation.1 owner. , 2 casual employees (weekdays), 3 casual employees (weekends and birthday parties).
Employees
7 days - Monday to Friday: 9:00 am to 5:00 pm. Saturday & Sunday: 9:00 am to 5:30 pm
Trading Hours
5 + 5 years lease commenced May 2023, - 4 months bond - 4% increases per year
Lease
Features
- All plant and equipment owned outright and included in the sale. Currently the only dedicated kids play centre and kids cafe of its type in the area.- Approx. 150
- 200 membership card holders.- Strong established base of loyal and repeat local families.- Multiple revenue streams
- Regular local Council catering orders
- Excellent online reputation and strong local community presence.
Potential
Increase birthday party bookings and corporate/private events.-Expand children's educational programs, workshops and holiday activities.-Introduce membership packages and loyalty programs.-Extend cafe offerings and increase food and beverage sales.-Replicate the successful business model by opening additional locations.
Comments
Current base rent is approx. $4,600 per week. Under the existing lease arrangements, the tenant receives two months' rent-free each year, resulting in an effective average rental cost of approx. $3,900 per week, subject to the terms and conditions of the lease.-This is much more than a traditional cafe. The purchaser is acquiring an established children's entertainment, indoor play centre, birthday party, childcare, cafe and catering business, together with an extensive purpose-built fit-out, all owned equipment and an established local customer base.-More than $800,000 has been invested in establishing the venue, while the current asking price is $500,000 plus estimated stock of $40,000.
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