- Categories: Food/Hospitality, Leisure/Entertainment
Melbourne's premier event and entertainment centre Relax and Play Altona isnow on the market to be sold. This is an opportunity not to be missed for those astute business buyers looking for security in a growing industry, where all the hard work and set up has been done.
A family business set up immediately prior to covid, this operation is a bespoke play and event centre. A new concept play, event and wellness centre with state of the art facilities in a purpose built flagship location 12 kms south west of Melbourne's CBD. With exceptional parking, signage and space, the premises is amazing, and part of Melbourne's newest industrial estates with global tenants. In addition to this, it sits beside a large catchment residential area making it a destination for parents for events, parties, and children's play.
The business is fully equipped with a limited liquor licence, café area, full commercial kitchen, and of course, the custom play equipment which it is famous for. Parents enjoy the hot desks where they can work while children play, it is a truly exceptional play space for children, and parents.
The operation enjoys solid weekend party bookings, with casual play visits during the week. There is an upstairs wellness space that is fully fitted out but waiting to get a tenant to sublease which will add to the business offering, while bringing down the rental.
The equipment, fixtures, fittings are impressive. There is definitely nothing to spend, just commit to the time to build this business from its breakeven position.
Fully staffed in addition to 1 working owner, website, booking system, procedures and processes in place, social media pages and a tonne of interest, this business has undergone all the hard work and is now ready to grow to the next level. Due to family commitment, and a relocation, this business is now on the market.
An impressive 12 year (8 remaining) lease with 2 x 5 year options.
Exceptional rental.
Growing income.
Nothing to spend.
Low risk versus high reward.
This business is an amazing presentation of what's on offer. If you are considering a franchise play centre or business, hold off until you view this business.
Discussions on the business are confidential and will only be held with clients who sign our NDA. Inspections are by appointment, please don't hesitate to call the agent to discuss.
Close to $1 million spent on the fitout, selling now at $450,000
