For Sale $443,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $443,000

Business Details

Franchise - Entertainment - Under Management - Sydney CBD

\nFranchise - Entertainment - Under Management - Sydney CBD - Agent SBX Code Number: SF1268

Franchise racing simulation centre giving drivers the most realistic racing experience in a safe environment. - Specialising in functions which include bucks nights, birthdays, corporate events, team building activities. - Drivers can also race as individuals or race against each other in teams. - They also have the choice of cars. - Sessions cost from $30 for 15 mins, $50 for 30 mins and $80 hour. - Function packages also available. - Currently 8 simulators, 14 chairs, triple screens. - Full inventory is available.

Potential
Promote corporate and group events- Off site event hire - Expand membership- Do some advertising and promotions - Owner operator could increase sales and profit

Features
Top location - Training provided - Excellent systems in place - High foot traffic - Profitable - Unique themed venue - Very good website - Event packages - Easy to run

Premises
Entertainment centre inside the shopping centre with top quality racing simulators and an area of 100 sq. mts.

Location
Situated in a popular tourist C.B.D. shopping centre and surrounded by retail, commercial and residential.

Trading Hours
7 days - Mon. - Sun. - 10 a.m. till 10 p.m.

Lease
Current lease expires Aug, 2017 + 5 year option - 3.5% increases - 3 month bond

Employees
1 Manager + 1 fulltimer + 1-2 casuals as required

Comments
Miscell. 1 - Other general expenses. - Miscell. 2 - Franchise Fees. - Full support and training. - The managers wage of $1300 p.w has been removed and shown in net profit as if run by owner operator. - This opportunity would especially suit someone passionate about motor sports. - This is an unique opportunity to buy a business in the growing entertainment industry. - Vendor finance could be available. - Good systems and records and a full inventory are available for serious buyers - please ask your broker.

Figures
Weekly Sales $10300
Rent (ex GST) $2230
Wages $1200
Profit $4504

Agent SBX Code Number: SF1268 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $4396
  • Business Selling Price: $443000
  • Trading Hours: 7 days - Mon. - Sun. - 10 a.m. till 10 p.m.
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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