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Sold $350,000

Profitable, Under Management and Established Children's Playland & Café located in the most popular Southern suburb of Brisbane

Short Summary

A non-franchise, under mgt & largest indoor children’s adventure playground & café in Brisbane with track record of profitability.(Perfect for 188A).

Under Management

Passive Income

As close to Passive Income as you can get!

Short hours

Low Overheads

Low Stock requirements

Cashflow Positive

Non-hands on Owner

Long term Management and Staff in place

Strong year to year Sales

Strong year to year Profits

Long Term Lease in place

Simplistic business

No Competition

Niche Product

80% Repeat Work

Best Location

High foot traffic location

High visibility location

Proven trading through Covid

The debut of a non-franchise Children’s Playland & Café in one of the most prosperous young suburbs of Southern Brisbane in 2017 has demonstrated a highly profitable business model backed with experienced staff, excellent training and delicious menu. The business got through the harsh period of COVID is a living proof of its business model’s sustainability.

The business is not only offering quality coffee which is thoughtfully sourced and meticulously brewed along with an appetising menu, but also a Children’s Play and Party Centre which is loved by the kids aged from 0 month to 10 years who love to crawl, jump, balance, discover, slide, squeeze and bounce whilst the parents are “sit back and relax” with a freshly ground coffee and a cake or whatever they like and watch the kids to do their stuff.

Children’s Play and Party Centre offers multiple income opportunities in terms of Cafe service, birthdays parties and functions targeting age groups toddlers to 10 Year Olds.

The place is massively over 500m and rent is reasonable & supported by a friendly landlord with a long tenancy agreement. Weekly income around $18K and weekly netting is over $5K providing a very stable passive income for the owner.

The business is supported by well-trained and experienced staff and is a perfect business for VISA 188A applicant.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $350,000 + SAV

Ref. no. BUY2358

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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Property Features

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

Profitable, Under Management and Established Children's Playland & Café located in the most popular Southern suburb of Brisbane

Confidentiality Agreement

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Property Features