Ref. No - BFS11084
South Africa, Western CapeRef. No - BFS11084
Sector - Sales & Services
Summary
The need for a recreational place where both adults and kids can go and relax and enjoy various games and playground equipment in just outside of Cape Town was identified by the developer/owner and starting from humble beginnings, it escalated to such an extent that the owner had to relocate the business to a more suitable location within a few minutes drive from Cape Town.
Give me more informationBackground and History
The prime location centre now offers a fun filled experience for both adults and children focused on a healthy, active lifestyle- the centre caters inter alia for childrens parties/corporate functions/year end functions for companies/schools/special events.
The centre also has a cafeteria and restaurant where delicious meals are served or special meal packages can be booked for those special events.
Products and Services
This centre is a fully fledged entertainment centre with equipment to suit every need
Assets
Assets are valued at a replacement value of R1,15 million
Employees
9 which includes a general manager- the owner is very rarely there so this business can be remotely managed
Financials and Forecasts
Annual average turnover R3,2 million
Annual average NP (EBITDA) R813,000
Reason for Sale
Owner has other business interests and cannot attend to this business as required
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