VEX Ref: VEX00843
Activity: Urban Leisure & Family Entertainment
Location: United Kingdom
Turnover: circa £21,000,000 (FY to March 2016)
Adjusted EBITDA: circa £2,700,000 (FY to March 2016)
Vexus is exclusively retained to find a buyer for this established urban leisure and family entertainment brand. The business is a market leader, offering a range of family leisure activities across 31 nationwide sites. The sites offer a range of leisure entertainment, organised party activities plus food and beverages.
Market leading family entertainment leisure business
- Niche Entertainment Business
- Significant business goodwill & brand value
- High levels of repeat business
- Mixture of long leasehold & freeholds
- Scalable Business Opportunity
- Potential to further develop brand & profitability
The business has a mixture of Leasehold, Freehold and Long Leasehold properties. The freehold / virtual freehold properties are valued at £2.7 million.
Business with 31 nationwide sites averaging £500,000-£750,000 per year per site
|Year End March||2014||2015||2016|
*These figures have been rounded off for confidentiality reasons.
Reason for Sale
The current Business Owner believes the future business opportunity will be best realised in the hands of new owners with the commitment, enthusiasm and resources to drive the business forward to the next level.
Ideally we seek a trade buyer with an existing business focus in the Leisure sector. Consideration will also be given to other buyers with strong market or client synergies looking for a scalable ’bolt-on’ business opportunity.
- Fully proven, successful business model
- 31 prime sites nationwide
- Experience staff to remain with the business
- Profitable business with strong cashflow
- Large client base & high level of recurring customers
- High Barriers to Entry
This is a rare and low risk opportunity to acquire an established and profitable urban leisure and family entertainment business. 100% of the business shares are available to a suitable buyer with the resources, experience and energy to drive this business forward to the next level. The vendor is happy to facilitate a mutually agreeable handover period and may consider remaining involved for a longer period if required.
Offers will be invited for 100% of the shares in this business
The Next Steps
THIS BUSINESS IS NO LONGER AVAILABLE