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.