Go-Kart Party Franchise For Sale - Oxfordshire, United Kingdom
 
- Franchise opportunity
 
 
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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.
 
Years established: 3
Employees: 0
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.
Home based: This business can be run from home.
Relocatable: This business can be relocated.
 
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.
 
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.
 
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.
 
Financing available?
Funding is available via the franchisor.
 
This business for sale has a website
www.gokart-party.co.uk
 
Related documents
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Financial Details
Asking price:
£80,000
 
Sales revenue:
£70,000
 
Net profit:
£45,000
 
Fixtures value:
£45,000