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Business for sale in United Kingdom - Co126-licensed sports and social club bowling, snooker, weddings, social events virtual freehold-essex

Asking Price: 950,000 £ Real Estate: Ownership
Business for sale – Co126-licensed sports and social club bowling, snooker, weddings, social events virtual freehold-essex
Sales Revenue: 575,000 £
Net Profit: 1 £
Year Established: 1988
Employees: 9FT, 15PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Essex/Essex

Business types:

Arts, entertainment & Recreation

Business categories:

Other Arts, Entertainment & Amusement Businesses ; Spectator Sports

Business description

primarily an indoor bowls club with around 1000 members, the business also offers social membership and has approximately 700 of these members. This is a busy and thriving business with members using the club’s facilities day and night, seven days a week. The business was launched in 1988. The founder of the business is the one and only owner. The bowlers use the club throughout the day and into the evenings. Social members also use the bar and café on a regular basis and creates a healthy trade at lunchtimes and throughout each evening. The function rooms are hired out for weddings, birthdays and anniversaries, with usually at least one function booked for most weekends and also with midweek seminars. The premises are located adjacent to other leisure facilities and alongside a public park. There is ample car parking firstly dedicated to the club and during busy periods there is a large public car park within 100 yards of the club. A variety of regular social events help to boost business. There is a snooker hall that is very popular with members. The bar and café are used by the bowlers and this provides a guaranteed level of trade every day. One of the upstairs function rooms is also used to serve lunch on a regular basis. The owner has also created an outdoor patio area that is obviously popular in the summer months as it overlooks the outdoor bowling green. This is a well established, well supported club that bucks the trend in the current climate. It has a large membership who make the most of their club and who in many cases use the club’s facilities several times each week. Key strengths: this business has been successful for many years as a result of the regular use of the club by many of the 1000 members of the bowls club. This provides revenue for the club from monday morning onwards. The club provides a real sense of community. Many of the regular members are retired and the business provides them with a place to socialize which is becoming more and more difficult to find elsewhere. The age group of the regular members means there is a very pleasant and safe atmosphere. The function rooms and snooker hall are all located on the upper floor whilst the bowls club is on the ground floor, this means that all the various strands of the club can be utilized simultaneously. Equipment: the club is well maintained. All the furniture, kitchen equipment, sports equipment as well as fixtures and fittings are included in the sale. Customer service: the owner is very hands on and has a high profile at the club, his personality has helped to create an extremely friendly atmosphere. Everybody receives a warm welcome and having a place where everybody knows your name is part of the attraction of the business. The majority of staff has working at the club for some time and is a very proficient team. Weddings and other parties are professionally staged and the business has received numerous thank you cards from happy brides.

Additional information

Additional information: Not Disclosed
Support & training: Full support and training will be provided by the current owner to ensure continuity of trading.
Reasons for selling: The owner has devoted over twenty years managing this business and now feels the time is right to take a well earned retirement.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: The premises are offered on a virtual freehold basis with a lease of approximately 100 years left to run. The annual rent and rates for this caliber of premises is minimal at £30,000. The property comprises of a reception, offices, bar, lounge, café area, shop and indoor bowling club on the ground floor. Upstairs there are two function rooms, another office, snooker hall and kitchen. Outside there are a Bowling Green, patio area and ample car parking.

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