Nostalgia meets Profitable 'Play' - 'SIX FIGURES' for a Jack-of-all-Trades!

Price

$450,000 WIWO

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Hobart - Greater Area, Hobart

Category

Services, Hire/Rent

Listing #

TA00318

Hobart Hire/Rent Business for Sale
Hobart Hire/Rent Business for Sale

About this Business for sale in Hobart - Greater Area, Hobart

The ultimate hobby with a CEO income; a $1.2M collection of Old School Wizardry and new Tech for a fraction of replacement cost started 50 years ago, updated continuously to create reliable profits.

Pinball Machines, 8 Ball Tables and everything in between and a leader in the market because the venue and the player come first.

This interesting and easy to run business is very different to traditional services industries where your time is not your own.

Here, you work when you want to backed by experienced staff and a fleet of machines so well located that your income is assured.

Operating since the 1969, with pool tables, jukeboxes, pinball, video games and more continuously updated and serviced for reliability. You'll deal with clubs, cafes, hotels and RSLs, cinemas, play centres and other entertainment venues. It is incredibly easy to run and manage with a strong share of the Tasmanian market.

50 years old and still going strong under current management since 2017.

* Comprehensive range of party equipment; valued at approx. $1.2 million
* Lean team of 1 FT and 1 PT staff, plus 1 FT working owner focused on accounting, repairs and general oversight
* Limited competition; large underserved market
* Loyal clientele; strong referral network and community ties

 

For more information, please contact Kelvin or Mark.

Listing ID: TA00318
Broker: Kelvin Markham
Phone: 041 915 2612
Email: kelvin.markham@linkbusiness.com.au

Mark Bent
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
Email: mark.bent@linkbusiness.com.au

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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