Exceptional Family Entertainment & Indoor Recreation Business
An outstanding opportunity to acquire a highly established indoor family entertainment and recreation business located within one of Canberra's most prestigious commercial precincts.
Established and fully operational, this business has become a destination venue for families, schools, sporting groups, community organisations and corporate events. The business benefits from strong brand recognition, diversified revenue streams and a proven operating model that has consistently delivered strong financial performance.
The operation occupies an impressive 1,868sqm facility featuring modern attractions, dedicated function and event spaces, cafe operations and extensive customer amenities. Significant investment has been made into the fit-out and infrastructure, creating a high-quality venue that would be difficult and costly to replicate today.
A key feature of this opportunity is the experienced management structure already in place. The business is operated by a full management team, allowing the owners to work on the business rather than in it. Their involvement is primarily focused on marketing, promotions, strategic planning and cost control, making this an attractive opportunity for both owner-operators and investors seeking a business with strong systems and management.
Key Features:
- Established and highly regarded family entertainment venue
-Prime position within a popular commercial precinct
-Strong and diversified revenue streams
-Full management team in place
-$450K Annual Adjusted Owners Earnings
-Owners work part-time focusing on marketing, promotions and cost controls
-Modern fit-out and extensive infrastructure
-Strong systems and operating procedures
-Significant barriers to entry for competitors
-Excellent growth opportunities through events, group bookings and corporate functions
This is a rare opportunity to acquire a large-scale entertainment business with proven profitability, strong management, substantial infrastructure and a long-term lease already secured.
Businesses of this calibre rarely become available to the market.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
- Premises: 1,868sqm
- Lease Term: 10 years plus 5-year option Commenced: 2021
- Monthly Base Rent: $37,830
- No outgoings payable
This is a rare opportunity to acquire a large-scale entertainment business with proven profitability, strong management, substantial infrastructure and a long-term lease already secured.
Businesses of this calibre rarely become available to the market.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Staff No
The business currently operates with: 1 x Full time Store Manager, 5 x Supervisors (Casual), plus a team of 55 casuals that cover the reception duties, attractions and party hosts.
Lease Info
10 Years plus 5 Year Option commenced in 2021
No Outgoings, CPI+1% Annual Increases
Trading Times
Monday to Thursday - 9.30am to 7pm
Friday to Saturday 9.30am to 8pm
Sunday 9am to 6pm
Size of Premises
1,868 SqM
**Weekly**
Turnover (inc GST) $55,000
Rent $8,735
Net Profit $8,735
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