BUSINESS ID XB158116 - TURNOVER: $805K + CASH PROFIT: $150K ROI: 3 YEARS
This is a fantastic business opportunity that shows longevity, strong turnover/profit, and genuine growth potential. Further investment in VR and Arcade games would increase revenue on these two channels by a massive 60%.
The buyer might also obtain a liquor license to boost corporate clientele and bar income.
Established in 1993, Lollipops Playlands is perfect for a couple dedicated to running the business on a full-time basis.
BUSINESS HIGHLIGHTS:
- Arcade Games and Party Rooms, Laser Tag, Outdoor Escape and Virtual Reality Games PLUS Café and Bar, Build A Bear, Rockwall Climb, Teacup Ride
- Largest custom-built Laser Tag Arena in Australia
- Prominent Main Road location - James Ruse Drive - with minimal competition in the area
- Premises: 1566sqm plenty of room to expand
- Monthly Marketing Plan in action - Google ads in place to increase sales
- Over 15,000 documented client databases largely Parramatta families
- Trading hours 10am to 4pm weekdays, 9am to 5pm weekends - can be extended
- Current staffing: 1 x FT partner + up to 13 casuals as required
- Other partner works remotely 5 hours a week on admin/support
- Assets over $1,109,600
- 1 month's training plus 5 months' support
- Reluctant sale due to health issues
PRICE: $450,000 ONO
Property Code: 4142
