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

VIC

For Sale $78,000

Business Details

Entertainment - Retail - Under Management - Melbourne City Fringe

\n\nEntertainment - Retail - Under Management - Melbourne City Fringe - Agent SBX Code Number: SF1087

Advanced car racing simulation venue, combining individual -yet-interconnected GP racing on a wide variety of renowned international racing tracks. - World leader In the design & development of F1 Racing Simulator Centres. - This is a great entertainment venue for all ages and is set in a modern lounge style area with food available ( sourced from nearby establishments), TV and Foxtel and has an on premise license serving alcoholic and non alcoholic drinks. - Specialises in functions which include bucks nights, childrens birthdays, corporate events, team building activities - 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 open 7 days. - Do more marketing.

Features
Unique business. - Large open space layout perfect for large groups - No cooking- Liquor license. - Live Foxtel Sporting events.

Premises
Main area plus bar area with storage, sink, fridge and bathrooms and a total area of 140 sq. mts.

Location
Situated close to Melbourne CBD. in popular area for locals and tourists.

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 July, 2013 - Expires July, 2016 + 2 year option. - C.P.I. increases - 3 month bond

Employees
1 Manager + 1 casuals

Comments
Misc. 1. - $50 Foxtel.- Misc. 2 -Software Fee - 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. - There has been a great deal of interest from several locations worldwide and the company is looking to expand. - Get in now and pay no license fees. - The business is run fully under management. - Suit motivated owner operator.

Figures
Weekly Sales $0
Rent (ex GST) $1000
Wages $0
Profit $0

Agent SBX Code Number: SF1087 - 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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