For Sale
Reputable Entertainment Venue For Sale
West Midlands
- Asking Price: £199,995 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £100,000 as of the last 6 months with an annual net profit of £87,000, further financial information can be made available upon request.
Please quote reference B06834
- Tenure: Leasehold
Please quote reference B06834
Hilton Smythe are delighted to bring to the market an extremely highly rated and popular entertainment suite located within the West Midlands. The business was established by our client in 2019 after a full renovation of the premises the business commenced trading in early 2020. Only now does the business come to market as our client is looking to relocate.
The business currently trades 7 days a week.
The business has an excellent reputation, benefiting from an abundance of word-of -mouth recommendations and repeat custom.
Reasons to purchase:
- A new and expanding business with an outstanding reputation
- Little to no competition locally.
- Ideal owner managed or partnership business.
- Current owner is happy to offer a handover to ensure the continued success of the business.
- A real Lifestyle business offering an ambitious new owner the opportunity to work in an exciting and upbeat atmosphere.
- Low overheads
- Well trained and entertaining staff in place
- Maximising the use of social media
- Undertaking a robust advertising and marketing campaign to highlight the business
The business is run and managed by 1 full time and 4 part time staff members.
The business trading hours are as followed:
Monday to Thursday: 10:00am - 20:30pm
Friday to Sunday: 10:00am - 22:00pm
The business is based within the West Midlands.
Bus routes are mainly operated by National Express West Midlands which accounts for over 80% Of all bus journeys.
The business has excellent eye-catching signage.
Each room is styled and designed with bespoke décor and lighting, creating the relevant atmosphere for each experience.
Tenure
We are advised the business is being sold on a Leasehold basis with 4.5 years remaining on the Lease, the rent is £1,000 per month.
