Search
×
×
Additional Filters
Added
Anytime
  • Anytime
  • Last 14-days
  • Last month
  • Last 3 months
  • Last 6 months
Price
No min
  • No min
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
No max
  • No max
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
Additional Filters
Back to listings Save

Top-Rated West Midlands Entertainment Suite for Sale

Undisclosed, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/03/22

  • Advert ID

    292850

  • Reference

    B06834 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £175,000
  • Turnover: £280,000 (£5,385 Per week)
  • Net Profit: £125,000 (45% Profit margin)

Business Details

Reputable Entertainment Venue For Sale

Business
Please quote reference B06834

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.



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
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.



Tenure
We are advised the business is being sold on a Leasehold basis with 4.5 years remaining on the Lease, the rent is £1,000 per month.



Hours
The business trading hours are as followed:

Monday to Thursday: 10:00am - 20:30pm

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



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



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.

Please quote reference B06834



Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

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.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

0 of 0

Contact seller

Loading...

Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

0 of 0

Related Tags:

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Reputable Entertainment Venue For Sale - B06834 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.