Profitable And Established Franchised Children’s Indoor Playland & Café

SOLD

Fountain Gate VIC 3805

Leisure/Entertainment

BUSINESS FOR SALE

Phone enquiries - please quote property ID 13533

General Description

Do you want to be in business for yourself but not by yourself? Want a profitable business that gives you flexibility with your work hours? Enjoy seeing children have fun and develop through play? Want the strength of a strong franchisor that gives you support and maintains a national marketing presence?

Features of this Play Centre:

Profitable and high cash flow business
Multi award winner “ Best Play Centre in Victoria” and “Best Business Award 2012”
Envious reputation both locally and nationally
Rated in the top 3 sales for Lollipop’s Playland & Café nationally
Sales increasing every year
Excellent website and top Google search engine ranking
Strong social media presence eg. Facebook (2100+ friends)
Our site is used for recent national & international TV commercials (see link below)
New “AIR PLAY” modern equipment installed late March 2012
Popular “Tea Cup Ride”

Potential:

Evidence of increasing turnover of sales
Strong potential for further growth
Has the right profit formula in place and staff
Lollipop’s International Pty Ltd (Franchisor) locally based in Victoria
Franchisor provides marketing initiatives, experience and ongoing support to franchisees
Strong relationshipand support from other franchisees

Premises:

Large 896 sqm of fun

Location:

Westfield Fountain Gate Shopping Centre
City of Casey - Victoria’s largest and fastest growth corridor
No shortage of clientele for years to come

Trading Hours:

7 days a week
9.30am to 6pm Saturday to Thursday
9.30am to 9.00pm Friday
After hours private venue hire

Number of employees:

31 staff

Reasons for selling:

Our business is successful & profitable and we want to seek new challenges

Lease:

Lease term till Dec 2014
Lessor (Westfield) indicated they are willing to negotiate new long lease with new owners
Rent includes all outgoings

Financials:

2012-13 First Quarter average sales $27,240 Per Week

Last Financial Year average sales $20,300 Per Week

Asking price

Over $630,000+(Plus SAV Approx $15,000)
Confidentiality Agreement
Excellent financial records available after completion of a Confidentiality Agreement

Other:

Owner happy to assist in training for a smooth takeover

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