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50-Year Established Amusement Arcade in Portsmouth with Growth Potential!

Portsmouth, Hampshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    622172

  • Leasehold: Price on Application
  • Turnover: On request
  • Profit: On request

Business Details

Long stablished Amusement Arcade

The property consists of two adult gaming centers located in Portsmouth Southsea, England, specifically at PO1 5BX and PO9 5AH. Both centers are in reasonable condition and are situated in a very busy street, fostering a high potential for customer attraction due to nearby amenities such as shops, restaurants, and public services. The area competition is minimal, with the nearest competitor approximately 2 miles away.

The business has been well-established for over 50 years, illustrating a long-standing presence and reliable customer base. Currently, it employs six staff members. Notably, all fixtures and fittings are included in the sale price, contributing to a smooth transition for prospective buyers.

The sale arises from the owner's intention to retire, offering a promising opportunity for new ownership. While the business currently lacks an online presence, there is potential for growth and modernization. The current owner is willing to provide training to ensure the new owners are well-prepared to continue the business's success.

This amusement arcade is available under leasehold terms, with the asking price available upon request. All stock is included with the sale, presenting a comprehensive package for anyone interested in pursuing this opportunity in Portsmouth, Hampshire.

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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.

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