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Successful Chuckies Playzone In Cork City For Sale

Cork City, Cork, Ireland
Asking Price:
€100,000 Furniture / Fixtures included
Turnover:
€250K - €500K
Net Profit:
Available on request

This is an exciting opportunity to acquire a great business with a strong turnover history spanning over the last 19 years. Due to the owners decision to retire, they will not be taking up a new lease when it is due for renewal on 12th March 2022. This was a thriving business prior to Covid and while it has taken a hit in the last 18 months, the fundamentals are good for a strong recovery once things get settle back after the winter months. Demand when it reopened in October this year after a 12 month lockdown exceeded expectations and availability with families desperate to give their kids some fun experiences again after a long wait. It is a large Play Centre with a regular and loyal customer base which grows daily through recommendations and referrals and audited accounts are available for 19 years which support the volume of business achieved annually and its potential going forward. With over 15,000 sq ft incorporating multiple levels of play structure, football & party areas, Cafe, staff rooms, storage and kitchen, it is a turnkey operation and can be seen in operation during public hours as a visitor or by appointment if more information is required. It is being offered as a going concern and the covid effect on turnover has been incorporated into the asking price. If you have always wanted to own your own business, then this is a very attractive and unique proposition as the cost of setting this type of business in current times would be considerable. The current owners will also be available to help with the handover and there is an experienced team in place who take joy in their work and will be huge asset when it comes to running the operation and making the transition to new ownership seamless.

We are seeking offers in the region of €100k for the business as a going concern or for the purchase of the entire contents for relocation.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Generally 5 years but details available from Lisney's Auctioneers.

Leasehold Rent:

€95,000 per annum

Location:

Chuckies is located adjacent to Sarsfield Rd which links directly to the South Ring Road and easily accessible from anywhere is Cork city & County. Customers travel from all parts of the county and further during holiday season.

Premises Details:

This premises is currently leased and full details available from Lisneys Auctioneers. The current lease is up for renewal on 12th March 2022.

Size in square feet:
15,000 sq ft

Business Operation

Expansion Potential:

There is huge potential here, not just to bring turnover back to its pre covid level which had been increasing annually and which exceeded €600k in 2019, There is also room for expansion into the childcare business and after school care. After hours private hire has seen a huge increase in demand, particularly during Covid and this has huge growth potential.

Competition / Market:

As supernova closed in Ballincollig, there is currently no other play centre servicing this side of the city and county with demand for playtime and parties exceeding supply.

Reasons for selling:

Owners retiring after 19 years. It has been a pleasure providing such a much loved amenity for families and we have made so many friends over the years as well as it providing us with a very good income. Our family were young when we started and now they are adults so its time to hand it over to someone new who is eager who will make it their own.

Trading hours:

Generally mon-sun incl. 10am - 6pm. Also Fri late night for private hire.

Employees:
8
Years established:
2003

Other Information

Support & training:

Owners happy to give whatever time needed to help with transition and will engage with genuine potential buyers with any information/assistance that is required.

Furniture / Fixtures value:
€200,000 - included in the asking price
Website:
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