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Up for Sale - Premier Adventure Park and Virtual Reality Arena in Plymouth, Devon

Undisclosed, Devon

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    17/02/24

  • Advert ID

    606899

  • Reference

    LB01-ABS / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £750,000
  • Turnover: £1,200,000 (£23,077 Per week)
  • Net Profit: On request

Key Features

  • Town Centre location
  • Accounts Available
  • Unique Business
  • High Turnover
  • With Car Park
  • Established Business

Business Details

Premier Adventure Park and Virtual Reality Arena Plymouth Asking Price £750,000

This is a financially strong business with a 7-year high attendance, the park continues its growth.

Net Profit Circa £200,000 per annum.

Gross Profit £500,000 per annum.

Net Assets £250,000.

Annual Visitors: More than 100,000 customers each year.

Key Opportunities:

·      Established profit making business.

·      Perfect for kids’ engagement

·      Strong Community

·      Iconic Location in Plymouth

·      Open seven days a week

Business Profile:

Adventure Park and Virtual Reality Arena.

Located in an iconic building in Plymouth, this Adventure Park and Virtual Reality Arena has been established since 2017 and welcomes over 100,000 customers each year. With over 25,000 square feet of equipment, including trampolines, inflatables, Virtual Reality plus, much more, all aimed at providing enjoyment for children of all ages. 

The Adventure Park

Sessions are offered by the hour, with fun after-school clubs and great evening discos on Friday and Saturday nights.

Great Family-Friendly Café

Open 7 days a week, the family-friendly 100-seat customer Café offers food and beverage for adults and children in a fun and friendly atmosphere.

The café will seat over 100 customers, with a great snack menu and a wide range of drinks for all the family. Offering a great selection of light lunches to family experience deals. All are reasonably priced while maintaining excellent quality and service. There is plenty of room to sit and eat with the kids.

Birthday parties.

The café at the Adventure Park and Virtual Reality Arena is great for children’s birthday parties with the staff being welcoming and there is a great range of food and drink for the birthday parties.

Virtual Reality (VR) Arena.

The Virtual Reality arena experience opened in January 2023 and uses the latest equipment and technologies in the dedicated Virtual Reality room. Virtual reality is a simulated experience that can be similar to or completely different from the real world. One of the main applications of virtual reality is video gaming, which is provided at the Virtual Reality Arena.

All the experiences are sensory and generate realistic images, sounds and other sensations that simulate the physical presence in a virtual environment. Virtual reality incorporates amazing auditory and video feedback which truly allow you to feel like you are somewhere else. 

Full arenas hire and party/group packages.

Space is available for large groups of friends, families, or colleagues eager to have an amazing team-building experience. Age-appropriate games are offered with a range of games for beginners and seasoned gamers ages 7 years and above.

Opportunity for further growth: There is ample opportunity for further profit growth to £300,000 a year and further expansion. A membership scheme could be introduced, as could adding further additional technology. The business has just recently had its best daily sales of £10.7K.

Support and training: The current owner is committed to a smooth transition to ensure continued success under new ownership and is happy to remain for an extended period if need be.

Reason for sale: Due to personal reason.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Premier Adventure Park and Virtual Reality Arena Plymouth Asking Price £750,000 - LB01-ABS / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.