About the business

Playcentre - Parties - Entertainment - Cafe - North West Sydney - Agent SBX Code Number: SFG1138

Play centre - childrens parties - amusements and cafe. Top centre rated in top 2 in NSW and top 5 Australia wide by way of turnover. This hugely successful franchised play centre is regarded as a jewel in the crown in this industry, as it is extraordinarily well patronised and continues to grow with huge profits to the very successful owners. Situated in a growth corridor of Sydney thus increasing profits further. Being a large centre it is full of attractions for the kids and features 5 party rooms, one large main play area, slide area, the famed volcano area, and dedicated areas for toddlers and a separate one for babies. Then there are the amusement machines with one provider saying its his best site in NSW. The centre has massive seating for 250 patrons and has a fully operational franchised brand name cafe which is very popular. This is a rare opportunity to purchase a top performing play centre generating huge turnover. A similar new play centre with zero clientele would cost around $1m whereas this outlet is established and has a huge clientele. Please see comments below regarding franchise fees and training. No experience required. Business currently under semi management with neither owner actually on working roster.

Potential
Upgrade Facebook page. Introduce more amusement machines.

Features
Strong location. High turnover. Larger than average centre. Rental is good for this size and turnover. Great on line party booking system with head office support. Recognised industry leading centre.

Premises
Large play centre with activities and specialised areas for babies through to 12 year olds comprising a massive 1050 sq. mts.

Location
Superbly located in a homemaker lifestyle centre with good foot traffic and ample off road carpark in North West Sydney

Trading Hours
7 days - Monday to Friday 9 am to 5 pm. Saturday & Sunday 9 am to 4.30 pm.-Private bookings outside of normal hours.

Lease
Current lease through to August 2026 with a 5 year option. 3 month bank guarantee of $74k. Annual rental increase at 3%

Employees
2 part time owners not on roster + 4 - 5 permanent part-timers + casuals.

Comments
One of the best performing play centres on a national basis. Leading franchise is market leader for this age group.A new franchise fee will apply to the new owner which can be discussed with the franchisor. Also there is a training fee of around $10k payable by new owner. Transfer fee is paid by existing owner. Training includes 20 days for cafe training. This franchise benefits from an excellent online booking system with backup from the head office making day to day operations easy. - Misc 1 - franchise fees at 6% of turnover and 2% to advertising fund. Misc 2 - all other incidentals in running the business including an estimate for maintenance. All figures are approximate only and purchasers are encouraged to perform their due diligence.

Figures
Weekly Sales $37000
Rent (ex GST) $6130
Wages $6000
Profit $10255


Agent SBX Code Number: SFG1138 - SBX Business Brokers