Property ID : CBBGZS0803
Businesses For Sale $3,870,000 - ENTERTAINMENT
3 Words: Fun, Profits and more Fun
ASKING PRICE: $3,870,000.00
LOCATION: Situated near the suburb of Frankston – at the heart of the vibrant suburbs of Seaford, Carrum Downs and Cranbourne
ABOUT THE BUSINESS:
Central Business Brokers is pleased to bring to the market an extraordinary investment opportunity:
With outstanding ROI and growth, this brilliant and well-established established businesses is one of Victoria largest complexes of its kind.
The business has been experiencing continuous growth, providing the Purchaser with a major opportunity to participate in a large scale concept that has proven returns.
This opportunity appeals to people of all ages who are eager for a relatively inexpensive activity and exercise – in addition to catering for events and parties. The location sales are projected to reach close to $2,500,000 per year with a robust net return to owner
Meanwhile, the facility has the capacity to significantly increase its sales. It is located in a highly desirable area of Melbourne, with the perfect demographics for this rapidly developing sport complex and amusement park.
Now in its 5th year, the complex offers various recreational activities and competitive games. In addition, it offers exercise and calisthenics classes that are well attended. A school kid can burn 1100 calories during one hour of jumping and having fun. Other major draws are for Corporate events and birthday parties. The food concession alone is a great profit center for this destination location. A well-developed web site allows customers to reserve time on-line to attend the often sold out park. The liability insurance is surprisingly low because of the modern equipment which is very safe, liability waivers, well trained personnel, and mandatory safety precautions.
The current ownership has multiple projects in development and prudently, he wants to avoid getting over-extended. He has determined that selling this money-maker is the best alternative.
Equipped with state-of-the-art fittings in its 4,800sqm facilities, this operation is a true case of “you must see it to believe it”.
LEASE: $385,000 P.A. – Lease commenced 2013 for initial 5 Year period, with three further options of renewal of 5 years each
REVENUE: $2.5M – Per Annum
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AGENT: MR GREG HILTON – 0459 121 245
Disclaimer: Images displayed on this ad are stock images only, not picture of the actual business, its products, equipment or employees. Figures displayed reflect latest financial information provided to Central by the Vendors. All numbers and information are subject to due diligence by a Potential Purchaser.