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Listing Id: 26196 Last Refreshed: 17/01/2023 Total Views: 979

Australia’S Largest Slot Car Racing And Retail Center Business For Sale

VictoriaEntertainment and LeisureRetail
Asking Price: $199,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $7,333
  • Rental Desposit N/A
  • Revenue $30,333
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Retirement

Description

For sale for the first time. Australia’s Largest Slot Car Racing and Retail Center, for all your slot car needs.
Established in 1994. The business opened its first Slotcar Raceway in Narre Warren in 1997. 4 years later they moved into a 550m2 showroom in Dandenong. Hosting hundreds of parties and staging some of the largest National race meetings.

In 2017 the business designed and built the 800m2 facility in Hallam. It boasts a number of large Slotcar tracks, two 1/4 mile drag strips, a 2nd level, licensed cafe, dining/party area and fully serviced retail shop.

There is a huge range of potential for this business as it brings in multiple revenue streams, from retail to parties, to servicing. Lots of online sales and enquiries. Kid's parties are a huge hit and need a motivated vendor to push and explore the real potential of this amazing setup.

Join in on club races, private practice sessions, or just soak in the great atmosphere this exciting venue has to offer. Fully Setup across 2 levels this business has much to offer.

Inspection will not disappoint, come down to have a look and discover a whole new digital world of slot cars with full events available. Race in wet, stop for a pitstop and change tyres and take on fuel otherwise you won't make it to the end of the race. The extent of the digital detail will blow you away!

Order your presale slot cars or collect your favourite racer. Build your fast-drag car and race for the title!

Business turns over approx $400,000 per year with strong net profits.

New lease is available at $88,000 per year for this 800m2 venue.

For further information please contact Senior Business Broker Petros Margaritis on 0416 000 154 or Elle Likopoulos on 03 9566 7300.

Ref: B14278

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