Verified Listing
Posted on October 22, 2020 / 686
Price : R4,950,000
Listing Type : Kids Entertainment
Location : Johannesburg
Ref. No : 2660
Year Established : 2012
No. of Employees : 4
Trading Hours : Flexible
Turnover : R 157 770 pm
Cost of Sales : R 33 582 pm
Expenses : R 67 271 pm
Net Profit : R 56 917 pm
Asset Value : R 277 808
Property Value : R 3 000 000

A well-established kids events planning business and venue based in an excellent location in an upmarket area Johannesburg, with two venues on the property. The business has grown substantially since it was founded in 2012 with almost every month being fully booked for all venues.

The venues have been setup to cater for all age groups from toddlers to teenagers, with a variety of play houses to allow children’s imaginations to run free. The business has loyal followers with many repeat customers and well trained and reliable staff. The business includes all equipment from catering to play equipment.

The venue is very versatile and there are lots of opportunities for the new owners to explore such as setting up a nursery school for weekdays, while running events on weekends. The business is being sold with the property which is 2974 sqm in size with the main house and cottages to live on site.

The business value is R1 950 000 with an average monthly turnover of R157 770 and an average monthly net profit of R56 917 after owners drawing and the property is valued at R3 000 000 neg. The total asking price for both the business and property is R4 950 000.

Mfundo Nhlabati – Broker Head Office