Property Information
Address:
Edinburgh, City Of Edinburgh
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH533730
Property Ref/Agent: 12881-childrens-soft-play-centre-and-modern-caf-and-eacute
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe welcomes to the market Planet Caf Porty Ltd.
This popular children's soft play centre and busy caf was established by our client in 2013 and has seen year on year growth, being very well supported by local residents.
The soft play centre caters for younger children in a safe friendly environment.
Whilst adults can relax in the 30 cover stylish and modern caf, providing fresh coffees, hot and cold food and homemade soups and tempting cakes.
The business reports a turnover at 65,000 for this financial year with gross profit at 80%, with the business genuinely coming to the market due to our client's family commitments. The business benefits from 100% rate relief, allowing for lower costs.
Planet Caf is a very popular venue for children's parties, themed and seasonal events with a gallery of pictures displayed on the businesses Facebook page with nearly 1700 likes and regular updates.
Although, we believe a new owner may wish to embark on a modest marketing campaign to further promote the parties.
Discounts are available via the widely known platform Groupon.
We are advised that the sale includes a database of 800 names, also included is all promotional material, such as logos and branding. Our client is willing to offer a handover period, to allow for a smooth transition period. This business is in a walk-in trading position, this business opportunity is not to be missed.
The sale includes a large amount of entertaining equipment and the business has a full public entertainment licence and PRS licence.
Early viewing of this immaculately presented business is highly recommended.TENUREWe are advised Leasehold.
The original lease length is 15 years
As of 2016, 12 years remain on the lease.
Rent is 1369 per month including insurance.HOURSTo be advisedSTAFFThe business is owner run with the assistance of a Manager, 2 Caf Assistants and additional staff at weekends for parties.FINANCIAL PROFILEThe business reports turnover at 65,000 for this financial year with gross profit at 80%.
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