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Listing ID: 2866709

Exciting and Growing Entertainment Business Quarry Bay For Sale

Hong Kong, China

$ 190,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Exciting and Growing Entertainment Business for Sale Quarry Bay
Listing No. 852-01-03-001

* Business: Family Entertainment Venue
* Location: Quarry Bay, Hong Kong
* Features: Always wanted a slot-car set as a kid and Santa never delivered? Now is your chance! This business has to be the most exciting new business we have offered for sale for a long time. Trading as required (by bookings from the website and FB page), the business is a Hong Kong registered company and the company is included in the asking price. It is managed by two partners, but has the potential to grow further and warrant staff.
The venue is unique to Hong Kong and is a one-of-a-kind in the city. Enjoyed by all ages, it's great for corporate events, team buildings, birthday parties, family fun and bonding, or just for enjoying a bit of fast-paced heart-pumping action. The track is 50m long and is set on a table top 1m high. There are multiple lanes with many cross-over sections for overtaking during the racing. Drivers use wireless remotes so they are not restricted to staying in one position while racing. It's great fun and is showing increasing popularity.
Operated from leased premises in Quarry Bay, the location is accessible by MTR and has parking nearby. Although the site is considered suitable, it is moveable of course and can really be operated from many different locations. In addition to the track in Quarry Bay, the owners also provide a service whereby they setup tracks for customers in their own locations like function rooms, hotels, exhibition centres and the like.
The business has a growing following, but is still somewhat in its infancy in terms of its potential. The owners are looking to move to the UK and are therefore looking for a new owner to take this dream to a new level. With the right passionate new owner, 'the sky is the limit'. Multiple venues and even franchising are possible. Transfer price is expected to be between HKD 1,500,000 and HKD 1,800,000.
* Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
* Asking Price: HKD 1,500,000
* More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)

Property Details

Property Type:

Lease

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