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CONFIDENTIAL SALE
FOR SALE
20/02/23
508673
588780 / Rightbiz
TEN-PIN BOWLING LANES, SNOOKER HALL AND CHILDREN’S PLAY CENTRE in the North of England for Sale.
A tri-faceted leisure and entertainment sector business with exceptional adjusted net profits of close to £200,000 per annum. Located in an affluent and rapidly expanding town in the north of England and operated from 12,000 square foot premises within a business enterprise park. Over 1,000 new homes are currently in build or in plan within a quarter of mile of the business. Of huge benefit to the operation of the business, utility costs were negotiated and fixed to 2025. Three stand-alone businesses being operated under one roof. Multi-faceted and diverse. The main business is a ten-pin bowling facility with eight lanes, a fully alcohol licensed cafe bar and catering kitchen. On the first floor there is a children’s Soft Play Centre, comprehensively equipped with ball pools, climbing frames and slides. The play centre has its own cafe and catering capability. Secure reception and entry. Further along the first floor corridor is a Snooker and Pool hall, well away from the noise of the bowling lanes and play zone. Full size snooker tables for hire by the hour, plus English and American size pool tables. Refreshments can be ordered by the patrons and brought up from the cafe bar below.
TRADING INFORMATION: The business has an annual sales turnover well in excess of £500,000 and produces tremendous adjusted net profits, expected to be in the region of £190,000 to November 2022. Detailed accounts will be made available to seriously interested parties who have viewed the premises and met the owner. There are facets of the business that could easily be developed with a little more focus and creative thought, but having owned and operated the business for over 12 years now, the owner wishes to concentrate and invest in other interests he has.
EPC Band B.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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