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Roller Skating And Entertainment Venue In Boksburg For Sale

Boksburg, Gauteng, South Africa
Asking Price:
R1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R500K - R1.5M
Cash Flow:
R500K - R1.5M

Rare opportunity to purchase a fully established and popular indoor roller skating venue.
Operating for 3 years.
Offers safe fun for the whole family.
Caters for open skating sessions as well as Birthday parties and functions. Theme evenings, DJ's, Karaoke evenings etc...
Kiosk serving food, cold drinks and snacks.
DJ booth with top equipment, disco lighting, smoke machine ....
Bonus - The venue acquired a full liquor licence in September 2020. 
Also - just launched a Darts section for competitive darts evenings and tournaments.

Prior to lockdown the net profits were around R50k pm (with no liquor sales.) The venue was closed from March-September 2020.

This business can easily net a new owner R75 000 pm + once the alcohol ban is lifted.

The current owner has put in all the hard work already for a new owner to reap the benefits!

Reason for Sale - Owner is relocating to the Garden Route.

Selling price - R1,5m.

Property Information

Real Estate:

Lease

Lease Terms:

Annual or longer

Leasehold Rent:

R400,000 per annum

Location:

Prime location with loads of secure parking and great security.

Size in square feet:
550m2.

Business Operation

Expansion Potential:

Many opportunities for additional income.

Competition / Market:

Totally unique facility

Reasons for selling:

Owner is relocating to the Coast.

Employees:
4
Years established:
3

Other Information

Support & training:

Full training and handover by owner

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R10,000 - included in the asking price

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