For Sale $78,000
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 $78,000

Business Details

Entertainment - Retail - Under Management - East

\n\nEntertainment - Retail - Under Management - East - Agent SBX Code Number: SF1089

Advanced car racing simulation venue, combining individual -yet-interconnected GP racing on a wide variety of renowned international racing tracks. - Business is a world leader in design and development of F1 racing simulators. - This is a great entertainment venue for all ages with food available ( sourced from nearby establishments). - Monitors with TV and Foxtel are displayed throughout. - Specialises in functions which include bucks nights, childrens birthdays, corporate events, team building activities- included is 8 racing simulators, multiple racing PODs, LED monitors and surround sound system.

Potential
Update simulators and bar area. - Increase social media presence. - An owner operator would increase sales and profit. Increase trading hours. - Potential to trade 7 days. - Do more marketing

Features
Unique business. - Large open space layout perfect for large groups. - Run fully under management.

Premises
Attractive modern building with high ceilings and full glass windows in foyer of serviced apartment block with an area of 110 sq. mts.

Location
Situated on busy shopping strip close to transport interchange and shopping centre

Trading Hours
5 days - Wed. - 12 p.m. - 8 p.m.- Thurs. & Fri . - 12 p.m. - 10 p.m. - Sat.- 10 a.m. - 10 p.m.-Sun .-10 a.m. - 8 p.m.

Lease
Current lease commenced October 2013 - Expires Oct. 2018. - C.P.I. increases - 3 months bond

Employees
1 owner + 4 part-timers

Comments
Misc. 1 - Software fee - Misc. 2 - Foxtel. - Excellent website with bookings function. - This business is not being sold on figures, all equipment is included in the price. - A great opportunity to get into a fun and exciting business. - An owner operator could grow this business to $10,000 per week and increase functions and parties.- No License fees.

Figures
Weekly Sales $0
Rent (ex GST) $1500
Wages $0
Profit $0

Agent SBX Code Number: SF1089 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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Enquire

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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