Successful Licensed Snooker Club With Established Membership

Price:

Freehold - £449,500

Turnover:

Seller Ref:

1234CO

Location:

Essex

Business Type:

Entertainment & Leisure businesses, Pubs

See Other:

Bars for sale in Essex
Amusement businesses for sale in Essex
Other entertainment & leisure businesses for sale in Essex
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Pubs for sale in Essex
Entertainment & leisure businesses for sale in Essex

Description:

THE BUSINESS:

HISTORY

• Established as a snooker club over 20 years ago
• Acquired by vendors 10 years ago
• Membership established over a number of years
• Introduction of pool and card tables has broadened appeal

REASON FOR SALE

• Vendors are seeking a change of lifestyle

SERVICES

• Snooker and pool facilities for members and day members
• Gaming machines
• Card tables
• Darts
• Sky TV
• Bar providing alcoholic and non alcoholic beverages along with a range of bar snacks
• Separate function room with catering facilities for variety of events including funerals
• Various teams and competitions held periodically

CUSTOMERS

• 700 annual senior members
• 200 annual junior members
• Casual customers paying daily membership fees
• Drawn mainly from the town

SUPPLIERS

• Consumables sourced from a wide variety of trade suppliers
• Free of tie

PREMISES

• A single storey industrial unit converted for use as a club with a large hall, bar and private match room

Ground Floor

• Entrance lobby
• Bar with chilled drinks display cabinets and fittings appropriate to trade
• Sky TV screen
• 4 leased fruit machines
• 2 leased quiz machines
• Ladies and gentlemen’s WCs
• Pool salon with 10 tables
• Full range of gaming machines
• Cellar
• Kitchen
• Office/Store
• 4 snooker tables
• 2 English pool tables
• 1 American pool tables
• 5 Poker tables
• 3 card tables
• Separate match room

Exterior

• Car parking to front of building

STRENGTHS

• Located in a prominent suburban trading position
• Loyal repeat customer base of members, locals and guests
• Fully equipped with both pool and snooker facilities
• Spacious
• Reliable financial performance
• Good quality snooker tables

SCOPE

• Excellent opportunity to sympathetically refurbish the club generating additional revenue streams in the coming years
• Possible use as a “sports” bar
• Business development activities are extremely limited at present
• Increase food sales
• Promotion of function room
• Retail sales for snooker and pool merchandise
• Internet site
• Introduction of separate card room

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Located on an industrial estate close to the centre of a delightful Essex town • Easy pedestrian and vehicular access from a large number of houses within the town • Ample parking for customers and visitors alike • Close to a large number of businesses on the industrial estate

Trading Hours:

• 10.30am to 11.30pm Monday to Saturday • 10.30am to 11pm Sunday • Full alcohol licence with no re