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Business For Sale

Licensed Snooker & Social Club

South Lakes, Cumbria, United Kingdom, GB

Recreation: Entertainment

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$100,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1983
Not Disclosed
254914382

Business for Sale Overview:

This highly successful and well established Snooker, Pool and Social Club has been successfully trading in the town for some 26 years and in that time has built up a sterling reputation in the community it serves so well. The business has been significantly invested in, growing to become a well known and valued enterprise with a reputation for the quality and variety of its facilities, location and value for money. This unique business offers members an opportunity to socialize and enjoy a game of Snooker, Pool and Darts or just to relax in the very pleasant surroundings this club provides. The welcoming, comfortable club is fully equipped with 12 full size snooker tables, 3 pool tables and a Darts area. There is also a large seating area and fully equipped bar for those not participating in any of the sports. All equipment is superbly maintained.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Leasehold premises which are ideally located in the town center. The current lease is for 3 years with an option to take out another 3 years if required. It is understood a new lease would be made available to a new owner. Current rent is £2,500 per month. Rates are £1,200 per month. Total square footage is circa 5,000. The premise has some parking and there is public parking close by.

Market Competition and Expansion:

A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. The business currently undertakes no advertising whatsoever. The company would really benefit from an informative website to market it services more aggressively and increase turnover.

Reason for Selling:

The vendors are wishing to retire.

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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