Internal Ref: FN1373
Summary
SBX Code: FN1373 - Premium kids play centre, birthday party, childcare & cafe venue,$800K+ invested in fit-out, 150 - 200 members, strong repeat clientele and multiple income streams.
Rent
$3,900 pw
Net Profit
$2,700 pw
Location Details
Prime position within a busy shopping village in Sydneys Lower North Shore, surrounded by quality residential neighbourhoods, schools and family-orien
Potential
Increase birthday party bookings and corporate/private events.-Expand childrens educational programs, workshops and holiday activities.-Introduce membership packages and loyalty programs.-Extend cafe offerings and increase food and beverage sales.-Replicate the successful business model by opening additional locations.
Hours
7 days - Monday to Friday 900 am to 500 pm. Saturday & Sunday 900 am to 530 pm
Lease
5 + 5 years lease commenced May 2023, - 4 months bond - 4% increases per year
Employees
Semi-managed operation.1 owner., 2 casual employees (weekdays), 3 casual employees (weekends and birthday parties).
About the Business
Kids Cafe- Play Centre- Entertainment - Lower North Shore
SBX Code: FN1373
Modern and beautifully presented indoor children's play centre and kids cafe. This well-established business offers a unique combination of premium indoor play facilities, children's birthday parties and a fully equipped cafe, attracting a loyal and growing customer base.The spacious premises feature a wide range of children's attractions including a large ball pit, interactive wall games, combo play structures, mini hill play area, workshop and activity rooms, together with a dedicated party room and fully operational cafe. The business enjoys strong weekly sales, excellent online reviews and a solid reputation within the local community. - The venue hosts corporate/private events and year end parties for businesses in surrounding and outside areas. Operating under semi-management, it provides an excellent opportunity for either an owner-operator or an investor seeking a well-established hospitality and entertainment business.
Features
All plant and equipment owned outright and included in the sale. Currently the only dedicated kids play centre and kids cafe of its type in the area.- Approx. 150 - 200 membership card holders.- Strong established base of loyal and repeat local families.- Multiple revenue streams - Regular local Council catering orders - Excellent online reputation and strong local community presence.
Premises
Large well equipped centre with an area of 334 sq. mts. plus attached cafe
Comments
Current base rent is approx. $4,600 per week. Under the existing lease arrangements, the tenant receives two months' rent-free each year, resulting in an effective average rental cost of approx. $3,900 per week, subject to the terms and conditions of the lease.-This is much more than a traditional cafe. The purchaser is acquiring an established children's entertainment, indoor play centre, birthday party, childcare, cafe and catering business, together with an extensive purpose-built fit-out, all owned equipment and an established local customer base.-More than $800,000 has been invested in establishing the venue, while the current asking price is $500,000 plus estimated stock of $40,000.
SBX Code: FN1373
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