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Snooker Club For Sale OFFERS CONSIDERED

 
S.E. London, Kent, United Kingdom
 
Advert ref: 1069SB
 
FINANCIAL DETAILS
 
Asking price: £52,500
 
Sales revenue: < £200k
 
Net profit: < £100k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership are pleased to offer this licensed (members and guests only)snooker club. Established 15 years ago the premises extend to approximately 2350 sqare feet and comprise of a snooker hall with 5 full-sized tables plus a bar with seating area and a kitchen. Takings are approaching £2,000 per week from the bar, table hire and machine income. There is significant rental income in addition from a further hall of approximately 750 square feet with separate access which is sub-let on an informal basis. The business carries out very little advertising and does not offer food for sale. There is substantial opportunity to expand membership with an active marketing strategy and to develop catering trade. All sensible offers will be considered.

GENERAL INFORMATION
 
Employees: The owner full time plus part time assistants as required.
Trading hours: 12-11 Mon-Thurs, 12-12 Fri & Sat, 11.30-10.30 Sun

Lease terms
The current 5 year lease commenced in July 2007 with annual rent of £14,000. Rates are approximately £5,000 per annum.


Location
Main road parade in a densely populated residential area close to the station. There is ample parking in adjacent streets.


 
The Business Partnership - South East London
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30