City Centre | Barfoot & Thompson

City Centre

For Sale $60,000Plus GST (if any)

PRICE DROP


Perfectly located in the heart of Auckland's CBD, an exciting opportunity has arisen to purchase a ready made, easy to run pool hall business. The Playhouse has been operating for a number of years and has built up a large and loyal customer base that primarily serves the University Students. There are 12 tables - seven 4 ball tables and five pool tables.

Extra income comes from five dart machines and a bar that serves drinks and snacks. All the hard work has been done. The business has the right foundations for someone to take it to the next level.

Details:
• High gross profit percentage
• Sizable assets
• Consistent revenues
• Minimal staff required
• Good advertising exposure

Buyer Opportunities:
• Increase marketing and promotions such as "business card" and "lunchtime promotions"
• Promote to the large number of businesses in the area such as offering corporate packages
• Expand the food and snacks offering
• Untapped revenue streams e.g. add additional income streams such as Bubble Tea drinks
• Partner up with another business
• Minimal experience required
• Can be run by one person
• Low risk going concern

The sky is the limit for the suave purchaser and since the operation is already running with a cash flow makes this business an opportunity without having the risk of start up costs. A buyer doesn't have to worry about the risk of building a business and getting customers, with cash flow from the start. It is said nearly 80% of new businesses fail within the first 3 years. This business has been operating for over 7 years.

The location of the business makes it accessible to a large range of untapped potential customers, making it ideal for someone with vision and a fresh set of eyes.

For further information or inspection please contact the listing agents.
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Property details

Location:
City Centre
Property ID:
80895

Call Justin & Oscar

Justin Lowe
Oscar Zhao

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