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Own A Profitable Entertainment Lounge For Sale

Toronto, Ontario, Canada, ID 243231

Own A Profitable Entertainment Lounge For Sale 1
Own A Profitable Entertainment Lounge For Sale 1
Asking price:
CAD$124 990
Owner
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Description

Gaming Lounge, VR Studio and Virtual Golf Business for SaleA fully turnkey entertainment business offering gaming lounge services, VR experiences, and virtual golf in a well-established and active community. The operation features a brand-new bar setup and equipment, professionally maintained pool and snooker tables, and a valid LLBO license secured through August 2028.The business operates under low overhead conditions, with monthly rent of 3,900 dollars including TMI. The landlord has already approved a potential long-term lease extension of 5+5 years, providing strong location stability for future ownership.The lounge maintains a 5-star Google rating and has built a loyal customer base supported by a strong local reputation. It currently generates consistent income and benefits from multiple revenue streams, including walk-in customers and event-based bookings.Operational Details.Fully turnkey entertainment venue.Brand-new bar setup and supporting equipment.Professionally maintained pool and snooker tables.LLBO license valid until August 2028.Operating hours currently from 4 PM to late night with no restrictions on expansion.Revenue Opportunities.Tournament nights and competitive gaming events.Birthday parties and private celebrations.Date nights and social entertainment bookings.Corporate events and team-building activities.Live sports viewing events and group gatherings.Expansion of programming and extended operating hours.Lease and Costs.Monthly rent of 3,900 dollars including TMI.Landlord-approved option for a 5+5 year lease extension.This opportunity is well suited for an investor or owner-operator seeking a stable entertainment business with established cash flow, strong community presence, and clear potential for revenue growth through expanded events and programming.

Details

Real Estate: Lease
Asking price: 124 990 cad
Rent (per year): 46 800 cad

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