Go-Kart Party Franchise For Sale

Franchise terms

The business is currently 3 years into a 5 year contract which is renewable every 5 years. One person can run the business with one part-timer. Please note franchise operators are required to have an enhanced CRB clearance certificate.

Business description

A unique opportunity to acquire a well established, very successful and extremely profitable go-kart Party franchise, in a very lucrative and sought after territory.

Property information

Lease terms:

A great benefit of this business is that it is run from home, which means it is easily re-locatable, and the usual business overheads of rent, rates etc. are not incurred.

Location:

The franchise territory covers the OX postcode area of Oxfordshire with a population of approximately 500,000. The territory has 17 indoor venues covering every town within Oxfordshire, whilst the Go-Karts do run outside the indoor venues ensure a 12 month business that is not seasonal.

Other information

Expansion potential:

The current owner cannot satisfy the current demand for birthday parties and currently turns away enquiries for many fetes and shows. In addition to this the current owner has not exploited the lucrative corporate market. There is opportunity to increase revenues by doing more mid-week parties and even operating a second set of Go-Karts within the territory. An additional revenue stream is also available through items such as Medals, Invitations, Party ware, Caps, T-shirts, and Balloons etc.

Competition / Market:

This Go Kart Party franchise was established by the current owner in 2005 and is probably the most successful territory. This business is unique and well established with an excellent reputation. The current owner operates the business full time and specialises in providing birthday parties, there is plenty of scope to operate the business on a part-time basis and run another business or employment. The current owner currently manages 30 – 40 birthday parties per month, where children have so much fun and have “the best day of their life”; additionally parents say how fantastic it is. The business will be sold with existing bookings of approximately £10,000 and the necessary venue contacts. This business would generate revenue from day one. As the business is well established, little marketing is necessary. There is a high degree of repeat bookings and word of mouth referrals.

Support & training:

No previous experience is necessary as full training and support is provided. Additionally the current owner will provide a full handover and transfer a well established and successful business process.

Reasons for selling:

As a family we have decided to emigrate.

Trading hours:

Because of the nature of the business it could be run full time or part time to suit the owners other commitments. However the majority of the business is at weekends.

Financing available:

Funding is available via the franchisor.

Furniture / Fixtures value:

£50,000

Website:

www.gokart-party.co.uk

Related documents:

• 
• Document

Contact the seller