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BUSINESS REFERENCE : 1566 / RightBiz SEASONAL ENTERTAINMENT VENUE & CABARET CLUB | | | | | | SEASONAL ENTERTAINMENT VENUE & CABARET CLUB - TOWYN Fantastic main road location in North Wales seaside town Surrounded by numerous other caravan parks | | | BUSINESS LOCATION: | Clwyd Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Other | | SELLER: | Agent Sale | LEASEHOLD: | £159950 | | | | | | | | | | | BUSINESS DETAILS: | SEASONAL ENTERTAINMENT VENUE & CABARET CLUB - TOWYN
Fantastic main road location in North Wales seaside town
Surrounded by numerous other caravan parks
Situated on the Golden Gate Caravan Park in beautiful
Seasonal trade with massive scope for extended opening
Turnover £200,000 per annum with gross profit of 70%
Priced for a quick sale due to semi retirement
Purpose built, extensive property
Free of Tie
Walk in opportunity
LEASEHOLD
Business History
Meridian Business Sales are delighted to bring to the market this superb purpose built holiday park entertainment centre & cabaret club in the beautiful seaside town of Towyn, North Wales. The business which has been established since the 1960's & under the careful stewardship of our client for some 16 years is only reluctantly being brought to the market due to well deserved semi-retirement. The business is situated on the hugely popular Golden Gate Caravan Park which is home to 550 caravans on the main Towyn Road. The surrounding area is a very well known & popular location for tourists & is indeed populated by numerous other caravan parks including the Haven Holidays caravan park which is situated directly opposite. This means that the business is not only supported by the Golden Gate Park visitors, but also many others & indeed is a popular venue for locals with the town centre only minutes away. The business is an ideal entertainment venue for young & more mature clientele alike, with facilities including; live nightly entertainment, resident DJ & disco for all ages, nightly bingo & pool tables, children's play area & arcade and an eating area for a range of snacks & meals which are cooked & served on the premises. At the current owners admission the food service could be easily expanded to create an even further income stream which has the potential to establish even greater turnover & extensive profits. Indeed & again at the owners admission extended opening hours throughout the year would also increase turnover quite substantially. Currently the venue is open for 2 weeks at Easter then from March to the 23rd May, weekends only, then from the 23rd May to the 27th September 7 nights per week and from 27th September to the end of October weekends only. The business is only open in the evenings despite demand for day time openings and even at peak season, the trading hours are less than 40 per week giving masive scope to increase the turnover. The premises are fully licensed & can accommodate 500 people with a fantastic bar & entertainment lounge with seating for 300 in the main area & an additional bar room which has seating for an additional 50 patrons. The additional bar room can also be used for weddings, christenings & funerals & the main entertainment lounge boasts a dance floor, a stage with changing room facilities for the acts & a state of the art DJ booth & lighting system. The business is free of tie & the club has a social licence with the appropriate gaming licences for all gaming machines including the children's machines which have a maximum payout of £5.00 only. To the front of the club there is a substantial patio area for alfresco dining & drinking during the summer months & the main bar could be used to fully utilise these facilities through additional opening hours. Extensive parking facilities are also available. All in all this is truly a superb opportunity to purchase a fantastic, well established, highly respected & highly profitable business with huge potential & early viewing is strongly recommended as we anticipate high levels of interest.
Location
Situated on the thriving & hugely popular Golden Gate Caravan Park (which has 550 caravans on site) on the main Towyn Road, the business enjoys a fantastic position with many other caravan parks in close proximity including the Haven Holidays Park which is positioned directly opposite & is only a short distance from the centre of Towyn.
The beautiful beach at Towyn is only a few minutes walk away, with many other hugely popular tourist attractions close by including; Rhyl holiday seaside resort (only 3.5 miles away), Prestatyn (only 5 miles away), Llandudno holiday seaside town (only 13 miles away) & Betwys-Y-Coed in Snowdonia (just a 30 mile drive away).
Situated on the A548 the club & caravan park can be easily accessed by road via the A55 which has motorway links from the M53, M56 & M6 which links all of the major motorway networks throughout England & Wales. Towyn can also be easily accessed by train with the local train station close by.
Opening Hours
Easter: 2 weeks
March to 23rd May: Weekends only
23rd May to 27th September: 7 nights a week
27th September to End of October: Weekends only
There is massive scope to increase the trading hours as currently our client elects to open in the evenings only despite the massive demand for day time openings. Even during the peak season, our client trades the business for just short of 40 hours per week.
Financial Profile
Turnover: £200,000pa
Gross profit: 70%
Stock: circa £15,000
The turnover is based on very seasonal trade, and our client advises that there is tremendous scope to increase this.
Tenure
Tenure - Leasehold
Original length: 15 years
Remaining: 3 years
Rent: £30,000pa
Fixtures & Fittings
All business fixtures & fittings are included in the sale except for the Vendors personal effects.
Accommodation
Purpose built caravan holiday park entertainment venue & nightclub comprising of:
From the patio area & entrance off the main road, double doors & reception area lead to the left seating area with dartboard, tables chairs & stools leading to:
Children's area & games room comprising of:
2 pool tables
4 fruit machines
5 Amazon game machines
Candy Man grabber game machine
2 rave racer machines
1 further gaming machine
1 key fob machine
1 Space rider machine
Tables & chairs
To the right of lies the main bar & lounge area with:
Ladies & Gents toilet facilities
Extensive table & chair & bench seating for 300 patrons
Additional bar room & separate bar & pool table with tables & chairs for 50 patrons
2 fruit machines
The Ice Station food & eating area with tables, chairs & bench
Main bar 3 sided comprising of:
18 points of dispense
21 optics
2 Mixer dispensers
Double sink & drainers
Double wine dispenser
3 tills with EPOS link stock control system
2 Double chillers
Shelving for soft drinks & mixers
Glass washer
To the left of the bar lies a further private bar for service to the additional bar room
At the end of the lounge & to the right of the main bar is:
The dance floor
Main stage
State of the art DJ booth & music system with Karaoke & state of the art lighting system
Behind the main bar lies the beer & drinks storage areas & private office | | | | | CONTACT: | MERIDIAN BUSINESS SALES | | TELEPHONE: | 0845 222 0508 | | REFERENCE: | 1566 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
