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Famous Family Entertainment Business In South Africa For Sale

Cape Town - South Penisula, Western Cape, South Africa
Asking Price:
R18,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R17,000,000
Cash Flow:
R3M - R8M

This is a great opportunity to enter the South African market of indoor entertainment.

This asset, composed of two branches, is located in both Cape Town and Durban North.

This profitable business is for sale in 2022. It is composed of about 40 staff members, very well trained and independent.
The operational procedures are well in place and the business is just awaiting more parks to be opened in South Africa to penetrate deeply the very high potential of cities like Port Elizabeth, Pretoria, and Johannesburg.

The current owners are ready to stay in the business another 6 months to ensure a smooth transition.

The return on Investment should be very quick now that the sanitary situation is better controlled and this state of the art facilities are really a brilliant original concept designed with the combination of the very best suppliers in each of their field.

All figures are available on request.
Price in South African Rands (Exchange rate 18R to 1 EUR).
Company sell or asset deal can be both discussed.
Very high potential for Franchising.


For more information, please contact us by using the form below.

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Property Information

Real Estate:

Lease

Lease Terms:

Lease are running up to 2028

Leasehold Rent:

2 M per annum

Location:

Both locations are very well located in cities generating a lot of foot traffic.
Central locations. Prime locations.

Business Operation

Expansion Potential:

Big potential for expansion if the road of Franchising is followed.
Expansion can also be done by investing one's own capital. The books and procedures are ready for welcoming a new park without much surprises. The fixed assets are already expensed so it will generate good returns to add a park or two to the portfolio. Special interest in JHB , Pretoria.

Competition / Market:

Competitors have not always been very good with their internal designs and our brand , despite being the first one installed in cape Town, is still benefiting from new comers.

Reasons for selling:

Owners moving to their home country after 7 years spent in Cape Town. Willing to sale but can run the business from France.

Trading hours:

9 - 5 pm

Employees:
30 - 60
Years established:
6

Other Information

Support & training:

All owners support is included for at least 6 months.

They already have all the documentation available for a smooth management and transition of the operation , both in CPT and DUR.

Management team is very performant, reliable and of trust.

Furniture / Fixtures value:
R20,000,000 - included in the asking price
Inventory / Stock value:
R700,000 - included in the asking price
Home based:
This business can be run from home.

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