Well Established Game Retailer and ESPORTS arena – Dover, Kent.

[Scheduled viewings now taking place]

Gamebase is excited to present a well-established, high-street retail business located in Dover, Kent.  Profitable Business with strong Customer Base & Expansion Potential. This is an exciting opportunity for anybody looking for a new adventure or who has an interest in gaming/hospitality. 

Gamebase is a video game store and ESPORTS gaming arena combined. The business was established by the current owner in 2019 and has enjoyed year-on-year growth and has established the market in the local community and the nearby area.

This is a turnkey operation with an established customer base and excellent online reviews, making it a seamless transition for a new owner. With the recent closure of GAME, the business has welcomed an influx of new customers, strengthening its market position and paving the way for continued growth.

Gamebase retail store is aimed primarily at the current gen and retro collectors market, but also stocks merchandise and latest tech trading in for cash or store credit.  The shop prides itself on being able to find something for you, even if they do not have it in stock.

There are a number of wholesale partners established with the potential to add more and expand the product range into Pokemon trading cards, Digital game sales, Sim card sales (Residual income) and the possibility to offer Finance instore and online.

There is also a wholesaler who purchases all the faulty consoles, controllers on a regular basis which significantly reduces loss of revenue, while ebay also offers a great outlet for anything being sold for spares and parts.

The stock is included in the purchase price and we are advised the stock is around £60,000 with assets worth around £30,000.

The Gaming arena is very popular with customers coming from across Kent. The ESPORTS arena attracts people as an entertainment venue and with our party packages has become the number one destination for children under 14 locally.

There are seven PS5 consoles, ten Xbox Series X consoles, 5 PS4 Pro consoles, 2 Switch 2 consoles and the PS5 VR headset.  We also have two steering wheel setups.  

The arena hosts a number of monthly events from SEN gaming sessions, Teen Zone, Adult Night and Pokémon club.  Tournaments are held every half term and summer holidays.

There are a number of schools, colleges and clubs that hire the venue often weekly and monthly and we have recently started to host two monthly home school sessions due to high demand.

There is also room to add a D&D club, after school gaming club and the potential to offer a subscription based membership for regular customers.

> Key Highlights: Turnkey business with high profit margins

> Prime location with excellent visibility and staff parking

> Exclusive partnerships with gaming suppliers

> Diverse product range, including mobile tech

> Expanding e-commerce potential

> Loyal customer base with strong repeat trade

> Full training and support available

There is a website gamebase.co.uk included, fully built custom design ready to launch, with some updating required to products.  The website links with the EPOS system to offer a live stock file and now has the potential to communicate with Ecommerce stores like Amazon and eBay through our web developer.

Last year's Christmas eBay sales over four months was £27,000.

With the website launched there is a huge market to promote this established brand and hit a wider audience. The social pages include Facebook,.Instagram and Tiktok.

The current owner admits that he has not exploited the internet at all and especially for this marketplace this is somewhere that the business can grow, having collectors across the globe.  With GAME diminished there has never been a better opportunity to challenge CEX and this could become the next gaming franchise!

> > Highly advise early viewing to avoid disappointment.

Location:

Dover town centre location.

Gamebase is situated in the main shopping street in Dover! with staff car parking and shops such as Argos, Boots, Gregg, Sports direct, New Look along with local shops and Nationwide.

Premises:

Gamebase is located in a single shop with an entrance door leading to the main shop area.

The retail space has a counter, display units all around,, a stock room/office with under stair storage and stairs leading to the toilet and second floor facilities (Playbase).

The shop is heated by a wall mounted electric heater.

The shop has recently been visually improved.

Premise size circa 32.3m2.

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Tenure: Freehold or Leasehold available

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Freehold: The business is being sold in full, with subletting to Playbase (first floor Tennant).

Currently on a five year lease that can be transferred to new owner.

Option A) £95,000 outright 

Option B) The business is being offered at £45,000 enterprise value, subject to net debt adjustment.

Option C) Leasehold:  The leasehold option is available:

All equipment, all stock with fixtures and fittings for the sum of £45,000.

Monthly lease to the current holder at £1,500 per month.

.......

Rent: £9,000 per annum including VAT. (£18,000 split with firstbfloor Tennant)

The business qualifies for small business rates relief, rates currently £380 per month but in the process of an appeal to get this reduced.

Operational cost:  Electric, Rates, Waste costs split between ground floor and first floor.

Access:  Front entry, rear entry but both business can be locked individually and the other still operate.

Hours:

The business opening hours:

Monday-Saturday: 10am – 5:30pm
Sunday 10am - 4pm

Events/Parties held after close also.

Staff:

The business has a manager in place, with three additional staff.
All sales driven (see online reviews). 

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VIEWING  STRICTLY BY PRIOR APPOINTMENT