Entertainment – Play Centre

For Sale

·
Western Suburbs

Business Code: FN1361

$550,000
+ Estimated Stock (SAV) $10000
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.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$20000
Cost of Goods
$1000
Gross Profit
$19000
Rent
$6710
Wages
$4000
Telephone
$50
Insurance
$300
Misc 1
$70
Total Expenses
$11200
Estimated Stock
(Additional)
$10000
Net Profit
$7800
Price
$550,000
+ Estimated Stock (SAV) $10000
Price
$550,000
+ Estimated Stock (SAV) $10000
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