Own A Profitable Entertainment Lounge For Sale

Description

Business type: gaming lounge, VR studio and virtual golf business

Current status: established operating business

Operating setup: turnkey

Customer markets: walk-in customers, private groups and corporate clients

Services

• Gaming lounge access
• VR experiences
• Virtual golf
• Pool
• Snooker
• Private events
• Corporate events
• Live sports viewing

Financial information

Monthly rent: $3,900

TMI: included in stated rent

Income: stated as consistent

Cash flow: established

Operating overhead: stated as low

Premises and equipment

Bar setup: brand new

Bar equipment: included

Pool tables: professionally maintained

Snooker tables: professionally maintained

Entertainment equipment: included in operating setup

Licensing

LLBO licence: in place

LLBO licence expiry: August 2028

Lease

Current rent: $3,900 per month including TMI

Lease extension: landlord approved

Extension term: 5 years

Renewal option: additional 5 years

Customers and market

Customer base: established

Local reputation: stated as strong

Google rating: 5 stars

Walk-in traffic: active

Event bookings: active

Operations

Current opening time: 4 PM

Current closing time: late night

Operating hour expansion: possible

Restrictions on extended operating hours: none stated

Revenue channels

• Walk-in gaming customers
• VR sessions
• Virtual golf sessions
• Pool and snooker activity
• Tournament nights
• Birthday parties
• Private celebrations
• Date-night bookings
• Corporate events
• Team-building events
• Live sports viewing events

Expansion options

• Increase tournament programming
• Increase private event bookings
• Expand corporate events
• Increase team-building bookings
• Extend operating hours
• Add live sports programming
• Increase facility utilization
• Expand gaming and entertainment programming

Potential buyers

• Owner-operators
• Entertainment business operators
• Investors
• Hospitality operators
• Experiential entertainment entrepreneurs