Visit this listing at https://www.sbx.com.au/business?id=GNGDS1020

Business Code: GNGDS1020

Key Features: Mini golf complex - Golf - Sales $9,800 pw - Entertainment - Amusements - Sport - Docklands Vic 3008 - Profit $2994 pw

State: VIC

Location: Busy central location at the foot of an entertainment precinct of an outdoor shopping centre in Melbourne City Fringe.

Description

Entertainment complex offering a unique sporting mini golf experience through some of the great Australian landmarks - vending machines for snacks, lollies and drinks and small licensed bar for 10 but currently accommodating 4 patrons at a time offering a selection of great Australian wines, beers and spirits. - Requires 1 employee at a time to take entry fees and phone calls.

Summary

  • Features: Unique low maintenance and easy to operate business - Minimal staff and effort. - Mentioned on talk and travel shows in Australia and USA
  • Potential: Could do a little renovation of front counter service desk - could extend the existing small bar and do a marketing campaign through social media and the shopping centre marketing.
  • Premises: Mini golf complex with electronic sounds and lighting to suit themes and settings with an area of 383 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri.- 11 a.m. -11 p.m. - Sat.- 10 a.m. - 11 p.m. - Sun.- 10 a.m. - 8 p.m.
  • Lease: 7 years lease commenced in May 2017 - C.P.I. increases. - Bond 3 months.
  • Employees: 2 owners + 1 fulltimer + 1 parttimer
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$9,800

Cost of Goods

$150

Gross Profit

$9,650

Rent

$4,876

Wages

$1,423

Telephone

$25

Insurance

$52

Electricity

$100

Misc1

$130

Misc2

$50

Total Expenses

$6,656

Estimated Stock (Additional)

$3,000

Equipment (Included)

$360,000

Net Profit

$2,994

Price

$445,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Golf - Entertainment - Amusements - Sport

Business Code: GNGDS1020
Price: $445,000

Key Features: Mini golf complex - Golf - Sales $9,800 pw - Entertainment - Amusements - Sport - Docklands Vic 3008 - Profit $2994 pw

State: VIC

Location: Busy central location at the foot of an entertainment precinct of an outdoor shopping centre in Melbourne City Fringe.

Description

Entertainment complex offering a unique sporting mini golf experience through some of the great Australian landmarks - vending machines for snacks, lollies and drinks and small licensed bar for 10 but currently accommodating 4 patrons at a time offering a selection of great Australian wines, beers and spirits. - Requires 1 employee at a time to take entry fees and phone calls.

Summary

  • Features: Unique low maintenance and easy to operate business - Minimal staff and effort. - Mentioned on talk and travel shows in Australia and USA
  • Potential: Could do a little renovation of front counter service desk - could extend the existing small bar and do a marketing campaign through social media and the shopping centre marketing.
  • Premises: Mini golf complex with electronic sounds and lighting to suit themes and settings with an area of 383 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri.- 11 a.m. -11 p.m. - Sat.- 10 a.m. - 11 p.m. - Sun.- 10 a.m. - 8 p.m.
  • Lease: 7 years lease commenced in May 2017 - C.P.I. increases. - Bond 3 months.
  • Employees: 2 owners + 1 fulltimer + 1 parttimer
  • Sale Reason: Looking to focus on a new venture with family.
  • Comments: Misc.- 1 - Car running costs repairs and maintenance - Misc.- 2 - Payroll costs
    Vending machines on loan earning $1000 p.a. - ice cream mini melts fridge earns $5000 p.a. - both included in takings shown.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$9,800

Cost of Goods

$150

Gross Profit

$9,650

Rent (ex GST)

$4,876

Wages

$1,423

Telephone

$25

Insurance

$52

Electricity

$100

Misc1

$130

Misc2

$50

Total Expenses

$6,656

Estimated Stock (Additional)

$3,000

Equipment (Included)

$360,000

Net Profit

$2,994

Price

$445,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.