SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
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Cinemas - Entertainment - Popular location

Listing Id : 245464

Location : New South Wales

Category : Others

Asking Price : 385,000

Business description

Cinemas - Entertainment - Gold Coast - Agent SBX Code Number: TTQE1016 Entertainment complex - Gold class style cinemas / Licensed venue / Dine in facilities - 63 cinema seats, 10 long tables, 10 round tables, foyer furniture, 20 chairs & 5 tables, 1 upright freezer, 1 refrigerator, 1 pizza oven, 2 microwaves, 1 dishwasher, 1 popcorn machine, crockery, cutlery and glassware. Potential Huge potential for growth - additional third cinema is well needed with rapid growth in the surrounding suburbs. Features Well established social media following - Regular clientele - No competition in the area. Premises This business has an area of 150m2. Location Operating within the Northern NSW - Gold Coast region situated on the coastline in a popular tourist location Trading Hours 7 days - Mon. - Sun. - 1000 a.m.- 800 p.m. Lease 3 + 3 year lease commencing July, 2018 - 3 month bond - no C.P.I. increases. Employees 3 owners + 3 casuals Comments Rare opportunity to purchase this business in a very strong population growth area,with massive infrastructure and residential growth happening in the area. - Currently running 2 cinemas with 63 seats between the 2. - A third cinema is in the process of construction adding another approx. 15 - 20 seats. - All offers will be submitted. First time up for sale in 9 years - Figures Weekly Sales $**** **** Rent (ex GST) $**** **** Wages $300 Profit $1568 Agent SBX Code Number: TTQE1016 - SBX Business Brokers


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