Truly Exceptional Freehold Snooker & Pool Club | | Dudley West Midlands | | TRULY EXCEPTIONAL FREEHOLD SNOOKER & POOL CLUB Solid trading history by current owners for the past 27 years (est 1982) Very large 2 storey property with huge scope for future growth | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 52452
ADVERT IMPRESSIONS : 21,097 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Social Clubs / Snooker | | SALE: | Agent Sale | FREEHOLD: | £149,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | TRULY EXCEPTIONAL FREEHOLD SNOOKER & POOL CLUB
Solid trading history by current owners for the past 27 years (est 1982)
Very large 2 storey property with huge scope for future growth
Advised turnover £112,504 PA with good GP profit returns
Sale price includes all fixtures and fittings
Situated in the town centre, Dudley
Ideal lifestyle change opportunity
Full free of tie alcohol licence
FREEHOLD
Location
This excellent opportunity has a prime highly visible location in the town centre of Dudley which is situated within the West Midlands. The property stands proud by a busy junction which links two major town through roads. The location is ideal as it is highly visible to all and has a mass of passing motorists and public transport users passing by on a daily basis. Due to the club being present for such a long time and its highly visible location it is referred to by many as a well known town centre landmark. Dudley is a very popular business and residential area due to its affordable housing, good schools, NHS services, excellent central shopping facilities and good public transport connections. A huge attraction of Dudley is the famous Dudley Castle which has a very proud town history dating back to the 11th century. Most of the settlements and centre of the town was built around the castle which offers truly beautiful site today. The town is also home to Dudley Zoo, and the Black Country Living Museum which offers a narrow boat trip from the adjacent canal, through the Dudley tunnel. There are many popular neighbouring towns and cities including Wolverhampton, Stourbridge and Kingswinford with the city centre of Birmingham being less than 10 miles away. Dudley also benefits from being very easily accessed via the M5 motorway which is less than 4 miles away making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional opportunity which was first established by our clients in 1982 and are now selling the business due to retirement. The business which is run and managed by our clients with the assistance of staff achieves a very respectful advised annual turnover of £112,504. This is derived from offering a very well presented facility where club members and visitors can play a range of both snooker, pool and American style pool and billiards. The property also hold a full free of tie alcohol licence and has a warm and welcoming bar facility which offers a relaxing place to meet and unwind. The business has always enjoyed excellent levels of repeat trade with many of the clubs members visiting frequently for many years. The business also sees a healthy amount of new customers from good word of mouth recommendations and from the highly visible trading location set in the town centre. Our clients have gone to considerable expense and effort on the clubs presentation which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. The site might hold a valuable redevelopment opportunity in the year to come due to its large size and location although no planning approvals have been presented or granted. We feel that this opportunity offers a new owner an excellent lifestyle change opportunity and a strong base to build upon. We urge early interest and viewing as opportunities of the stature rarely stay on the market for long.
Financial Profile
Turnover: £112,504pa
Gross profit: 39%
Stock approximately: £6,000
Tenure
We are advised freehold
Opening Hours
Monday: 10:00am - 12:00am
Tuesday: 10:00am - 12:00am
Wednesday: 10:00am - 12:00am
Thursday: 10:00am - 12:00am
Friday: 10:00am - 12:00am
Saturday: 10:00am - 12:00am
Sunday: 10:00am - 12:00am
Accommodation
Well presented 2 storey property offering large front signage, secure entrance with intercom, reception/welcoming area, bar/lounge with full free of tie fitted bar, male and female toilets on both floors 17 total snooker tables, 3 American pool/billiards tables and 3 traditional pool tables, management office, kitchenette and storage with good CCTV system throughout the property.
GROUND FLOOR
Large fronted building with good sized signage and lighting plus secure front main entrance with intercom system.
Reception/Welcoming area
Open plan area with reception/serving desk from bar extension, several gambling machines, stairs access to first floor, beer cellar and secure entrance into bar/lounge.
Bar/Lounge
Very well presented open plan area with chairs, tables, stools, TV, gambling machines and a games area. Fully fitted bar with pumps, rear spirit displays, glass storage, cue displays, behind bar area, full CCTV throughout the building plus kitchenette with fitted wash basin, worktops, fridges and freezers, storage shelving and microwave.
Cue storage locker area
Male and female toilets
Pool Room
Traditional pool room with 3 well spaced tables each individually lit, fitted seating, chairs and tables.
Games area with video/arcade style games and entertainments
Management Office
Large office seating 2/3 with storage space
Snooker Room
9 well spaced snooker tables
American Pool/Billiards Room - 2 well spaced American pool/billiards tables each with individual lighting plus a storage cupboard.
FIRST FLOOR
Reception landing accessing male and female toilets. large open plan snooker & pool room with 1 well spaced American pool/billiards table with individual lighting and 8 snooker tables each individually lit with score boards.
EXTERNAL
Close by road side parking, payable communal parking facilities plus easy road, rail and public transport access. | | | | | | FOR SALE | | | | | REFERENCE: | 2110 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
