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Play Centre And Cafe Business In South East For Sale

Hallam, Victoria, Australia
Asking Price:
Under $100K (AUD)
Sales Revenue:
$512,000 (AUD)
Cash Flow:
Not applicable

This well established play centre is well and fully equipped. This is an opportunity for new owner(s) to take over a successfully managed indoor play centre which has scope to grow. The existing equipment and plant represents a significant replacement investment far in excess of the sale price.

Very large premises - ample room for kids to run about and parents to sit and enjoy a meal or beverage. There are party rooms as well as a commercial kitchen, which makes this playcentre a desirable venue for large parties and functions.

Excellent location in the South East in an area with huge numbers of growing families, and with easy access from 2 major roads in the area. There is also ample parking for customers.

Lots of potential in this business as new owners could offer adult night functions (which was a big success as it was trialled before Covid 19 lockdowns) and the commercial kitchen could be used to offer takeaway meals. Additionally, there is revenue opportunity in retailing children's toys, books and/or games.

Pre-Covid turnover was approx. $512,000 per annum. Rent for the large premises is $12,141 per month incl. GST. The lease is 5x5x5 commenced June 2017.

Trades 7 Days: 9:30am to 5pm plus night functions when required.

Run under management with 10 part-time staff (as needed) including a manager.

This is the perfect opportunity for an entrepreneur or owner/operator to get into an easy to run business. Previous experience is not essential, however, some experience with social media engagement and promotional awareness would be beneficial. Makes an ideal family run business. Current owners are happy to provide training.

For more information and to organise an inspection contact Chris Panagiotidis or Elle Likopoulos.

Ref: B14010

Property Information

Real Estate:

Lease

Lease Terms:

5x5x5 commenced 1/6/2017

Business Operation

Reasons for selling:

Personal

Trading hours:

7 Days: 9:30am to 5pm plus night functions when required

Employees:
10 PT - including a manager
Years established:
15

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