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Business for sale in United Kingdom - Cn040-gaming studio & caf bar

| Asking Price: | 95,000 £ | |
Real Estate: | Ownership |
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| Sales Revenue: | 115,000 £ | ||||||||||
| Net Profit: | 0 £ | ||||||||||
| Year Established: | 1999 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business description

this business is located close to the center of a somerset town and within easy striking distance of both bath and bristol. It has been trading since 1999 and is by reputation one of the longest established computer gaming studios in the uk. It’s initial success was founded by providing gaming tournaments for “aficionados” based in the south west many of whom would travel considerable distances to take part in these competitions. This led to the business acquiring the leasehold premises it has traded from ever since. The facilities offer at least eighty different games on twenty-nine gaming stations in three separate rooms. Users pay an annual membership fee plus an hourly charge to use the computers. The bar provides a limited range of alcoholic drinks and a small selection of snacks to the active database of around two thousand registered gamers of which circa three hundred are regular visitors. The studio acts as a social centre for many of its members and often plays host to birthday parties. On average they host between three and six parties every week end.there is a small workshop where computer repairs take place. Customer service: birthday parties play a major part in revenue generation and act as a great way of generating new members. The business often hosts tournaments for up to one hundred players and has established a busy “after school” club. It also works closely with local colleges who may have students with learning or communication difficulties but who are able to express themselves and thrive in this warm and welcoming environment. Key strengths: well-established centre of excellence for gamers licensed premises strong membership socially responsible quality software regularly updated hardware growth and expansion: the business could easily develop the catering aspect of its operation to generate additional revenue streams. The bar area could cater for an increased range of drinks and there is room to increase the membership fees. It would be of additional benefit to have internet access. Web based marketing and additional tournaments would also generate additional footfall.
Additional information

| Additional information: | Not Disclosed |
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| Support & training: | A full and professional handover will be available to the purchaser for a period to be agreed as part of the overall sales negotiations |
| Reasons for selling: | The owners have decided to take a sabbatical before moving on to new projects |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | yes |
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| Will owner sell real estate?: | yes |
| Included in asking price?: | yes |
| Value: | 95 £ |
| Location: | Not Disclosed |
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