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Reputable Entertainment Venue For Sale

West Midlands, UK
Asking Price:
£175,000
Turnover:
£280,000
Net Profit:
Available on request

CoGoGo 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

We feel there is Scope to Improve:
Maximising the use of social media
Undertaking a robust advertising and marketing campaign to highlight the business

Very rarely do such well known and exciting business ventures like this come to the market, therefore early Viewing Is highly recommended.

Financial Profile

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.

Property Information

Property:

Leasehold

Location:

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.

Premises Details:

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.

Business Operation

Trading hours:

The business trading hours are as followed:
Monday to Thursday: 10:00am - 20:30pm

Friday to Sunday: 10:00am - 22:00pm

Employees:
The business is run and managed by 1 full time and 4 part time staff members.