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Popular Escape Room - Oldham

Oldham, Greater Manchester, England

  • Leasehold Price: £14,995  Price Reduced arrow_drop_down
  • Annual Turnover: £20,319
  • Annual Gross Profit: £16,112
Seller Reference: 7231
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Business Description
 
 
 
 
 
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Seller Reference: 7231
Request Details
Business Description
Close To Town Centre
Strong Social Media Following
Accounts Available Year End 31st July 2019
Annual Turnover £20,319
Gross Profit £16,112
Accounts Available After Viewing
Operating Just Two Days A Week
Fully Fitted With CCTV
Blacks Brokers are pleased to bring to the market this leasehold escape room company located in Oldham, Greater Manchester.

INTRODUCTION

Lockdown Escape Rooms Limited has been trading at Pennant Street Industrial Estate since 2017 when our client founded the business. The business is a state of the art escape room experience centre. Rooms can be payed by groups of 2-5 players. Some of the rooms are wheelchair friendly. The age range of the business is aimed at individuals aged 16+. Bookings for the rooms can be done over the phone or online using the company’s website.

LOCATION

The business is located on the outskirts of Oldham just two miles from the M60 and the nearest metro link station only a five minute walk away. Tesco, Subway, KFC, McDonalds, Pizza Hut and Dominos are only a five minute walk away from the business.

REASON FOR SALE

This opportunity has become available due to our client’s other business interests and therefore this is an excellent opportunity to acquire this well respected business.

LEASE


The building is available on a rolling FRI ( Full Repair and Insuring ) at an annual rental of £10,917. The current lease runs for a three year term which commenced in 2018. We are informed by our client that a five year term lease will be available should the new owner require one.

STAFF

Our client is supported by family members in the business so as such no staff members will be transferred with the sale of the business.

FINANCIAL DETAILS


Currently the business is trading steadily over its long trading heritage. Accounts Y/E July 2019 show a turnover of £20,319 and a gross profit of £16,112.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief.

SUMMARY


This is a well respected escape room centre with an extensive client base. Most new business is generated through recommendation and repeat business. Reviews online are exceptional and the good will that the business has generated over its trading history is excellent.

The premises has ample parking and transport links so guests can spend more time in the local area should they wish to get food and make a full day of the experience. This is an ideally located business within walking distance to Oldham town centre.

It is rare for a business of this calibre to become available on the open market and therefore we do anticipate a speedy completion for this well respected business.

Early viewings are advised. Fixtures:
Monitors In Office x 5

Monitors In Each Escape Room

One Laptop In Each Escape Room

All Furnishings
Trading hours:
Weekends: 12:00 - 21:00
Tenure:
Leasehold
Is accommodation included?:
PROPERTY LAYOUT
The property is a large end unit on a row of 6 industrial units. There are 2 fire exits, a large roller shutter and the main entrance. The estate itself is located just off a main road (Huddersfield road) past KFC. The property has a sign on the front, the back, and the side so it is visible from the roads leading to the premises. While the property is single storied, the internal structures are built to allow storage or even an alternative location for an office. Inside the premises there is a reception room with a large counter and built in seating. Through one door is an escape room which itself is made up of 3 sections. Through the other reception door there is a large corridor where there is a seating area, a male and a female toilet, the entrances to the other escape rooms and the office. The corridor contains an artificial turf floor and laminate, and the rooms contain flooring appropriate for the theme of the room they are in. There are 4 themed escape rooms but room for a 5th if desired. For staff, the office is at the rear of the building and has a coded lock. Inside there are 4 monitors and 4 laptops which are used to run the rooms. There is also a monitor for CCTV which is connected to a camera at the front of the building. For storage, there is a small storage area behind the roller shutter and on top of the internal structures. The property is alarmed and has CCTV on the outside of the premises. It relies on heaters for warmth and doesn’t require any form of air conditioning.
Location Details:
Oldham
Leasehold Term:
£210 Per Week
Listed by:
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