Freehold Successful Snooker Club With Separate Function Room | | Undisclosed Nottinghamshire | | NOTTINGHAMSHIRE FREEHOLD SNOOKER CLUB WITH SEPARATE FUNCTION ROOM Spacious prominent premises fully licensed 350 annual members 7 snooker & 10 pool tables / bar and retail sales A/T: £130,000 separate function room for 100 F/H: £495,000 +SAV REF: 9934NG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59389
ADVERT IMPRESSIONS : 16,707 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Social Clubs / Snooker | | SALE: | Agent Sale | FREEHOLD: | £495000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Prominently sited in the centre of a Nottinghamshire mining town
• Easy pedestrian access from a large number of houses within the town
• Ample parking within easy reach
• Close to a large supermarket and a number of bars and restaurants
HISTORY
• Traditional Victorian hall with a range of uses over many years
• Extended and modernised continually
• Refurbished as a snooker and pool facility 4 years ago
• Memberships have grown considerably over the years
• Increasing trade seen through use of dedicated function room
REASON FOR SALE
• Vendor wishes to pursue other business interests
SERVICES
• Snooker and pool facilities for members and day members
• Retail shop selling range of snooker and pool related merchandise
• Bar providing alcoholic and non alcoholic beverages along with a range of bar snacks
• Separate function room catering for variety of events including funerals
CUSTOMERS
• 350 annual members
• Around 300 casual customers paying daily membership fees
• Drawn mainly from the town
• County pool team plays from the club for world qualifying championship
• Townspeople seeking large facility for events (function room can accommodate around 100 people)
SUPPLIERS
• Consumables sourced from a wide variety of trade suppliers
• Free of tie
STAFF
• Vendor (full time)
• 4 part time bar staff
• 1 part time cleaner
TRADING HOURS
• Monday to Friday: 12 Noon to 11pm
• Saturday: 10am to 11pm
• Sunday: 10am to 10pm
• Full alcohol licence with no restriction on under 18 access
FINANCIALS
Turnover
2010 £130,000
2009 £128,554
• Gross profit margin overall is 58%
• Net profit £20,000 (2010)
• Annual membership £15 (£7.50 for concessions)
• Day membership rate £1.50
• Table rate £5 per hour
• Ongoing income stream from gaming machines
PREMISES
• A traditional Victorian facility now extended to offer two large halls, a bar and separate function room
Ground Floor
• Entrance lobby
• Shop
• Bar
• Pool salon with 10 tables
• Full range of gaming machines
• Ladies and Gents WCs including disabled facility
• Cellar
• Kitchen
• Office/Store
First Floor
• Panelled salon with 7 full size snooker tables
• Large bar/function room with capacity for 100 people
Exterior
• Separate smokers area
STRENGTHS
• Located in the very heart of the town
• Loyal repeat customer base of members, locals and guests
• Fully equipped with both pool and snooker facilities
• Spacious
• Retail sales
• Excellent function room facility
• On going development within the town is considerable
TENURE
• Freehold
SCOPE
• Excellent opportunity to sympathetically refurbish the club generating additional revenue streams in the coming years
• Business development activities are extremely limited at present
• Increase food sales
• Potential for residential development (full or partial)
• Promotion of function room
• Internet sales for snooker and pool merchandise
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9934NG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
